Competitiveness index: Luxembourg, one of the best EU regions to attract business | #Europe | Luxembourg (Europe) | Scoop.it
Luxembourg is one of the best European regions to attract business. That's according to the latest regional competitiveness index of the European Union that studied 263 regions in all.

In Luxembourg's case, where the country due to its size is classed as a “region”, a score of 91 out of 100 was achieved placing it in a respectable seventh position in the rankings.

But how is the index measured? The EU defines competitiveness as "the ability to provide an attractive and sustainable environment for attracting businesses and citizens".

Among the points taken into account in this index are health, infrastructure, higher education, labour efficiency, and innovation.

 

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