Luxembourg is the leading Eurozone financial centre in GFCI 2014
According to the latest Global Financial Centres Index that was published today, Luxembourg ranks 15th and is thus the leading financial centre in the Eurozone. Luxembourg is followed by Frankfurt, Dubai and Montreal. Only three points separate the Grand Duchy from Vancouver, ranking 14th. Like last year, Luxembourg is also the only European financial centre likely to become more significant in the future, following Casablanca, Shanghai, Singapore and Hong Kong.
The GFCI is the only yearly comparative financial centre ranking available. Its results are based on a number of competitive factors like availability of skilled personnel, regulatory environment, access to financial markets and availability of business infrastructure.