The Grand Duchy of Luxembourg is a landlocked country in the Benelux bordered by Belgium, France and Germany, lying at the crossroad of Germanic and Latin cultures. It is the only Grand Duchy in the world and is the second-smallest of the European Union member states. With a successful steel, finance and high technology industry, a strategic location at the heart of Western Europe, more natural beauty than you might expect given its size, and as one of the top three richest countries in the world, Luxembourg enjoys a very high standard of living and has prices to match! Founded in 963, Luxembourg became a Grand Duchy in 1815 and an independent state under the Netherlands. It lost more than half of its territory to Belgium in 1839, but gained a larger measure of autonomy. Full independence was attained in 1867. Overrun by Germany in both World Wars, Luxembourg was one of the major battlefields of the Battle of the Bulge in the winter of 1944-1945, a story well documented in the museum at Diekirch. The state ended its neutrality in 1948 when it entered into the Benelux Customs Union and when it joined NATO the following year. In 1957, Luxembourg became one of the six founding countries of the European Economic Community (later the European Union) and in 1999 it joined the euro currency area.