Word: luxembourg
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...cold fact is that both economic and political realities have been driving Britain inexorably toward Europe. Since France, West Germany, Italy, The Netherlands, Belgium and Luxembourg signed the Treaty of Rome in 1957, the world has become a less comfortable place for a country that does not belong to one trading bloc or another. Britain's once prized "special relationship" with the U.S. has all but dissolved. The Commonwealth has proved no substitute for the industrialized Continent as a trading partner. Over the past ten years, the combined gross national product of the Six has increased...
Lopsided Vote. The focus of the struggle was a deceptively soft-spoken black woman, Mrs. Patricia Roberts Harris, a former dean of the Howard University School of Law and Lyndon Johnson's ambassador to Luxembourg. Chosen by the regulars for her race and her sex, Mrs. Harris was matched against Iowa Senator Harold Hughes, nominator of Eugene McCarthy, onetime presidential contender in his own right and a tough, no-nonsense reformer. The outcome of the National Committee's voting was lopsided: 72 for Mrs. Harris, 31 for Hughes...
Some private villa owners good-naturedly complied. Prince Bertil of Sweden, a democratic fellow who wears a beret while riding around Ste.-Maxime on a mini-motorcycle, willingly cut a passage through the wicker fence around his villa's beach. At Cabasson, Grand Duchess Charlotte of Luxembourg, who could claim extraterritoriality for her beach by virtue of her title, readily admitted sunbathers and swimmers to her beach provided they were decently dressed and not too noisy...
Along with Luxembourg's reputation as an all-purpose commercial center goes status as the second capital of the Common Market, after Brussels. New headquarters for the European Court and the Secretariat of the European Parliament are under construction, right alongside the EEC's statistical and publications office. The European Investment Bank has taken up residence, and the EEC recently declared that three Council of Ministers meetings a year will be in Luxembourg...
Though it may aspire to be the Rolls-Royce of tax havens, Luxembourg is hardly in danger of becoming stuffy about it. With a population of 337,000 -smaller than Louisville-it is a place where businessmen and bureaucrats are constantly bumping into one another, giving the conduct of their affairs an intimate, folksy touch. Says Werner: "If a businessman wants to know something, he calls me." With Luxembourg becoming as popular with foreign enterprises as it once was with foreign armies, Werner will find himself spending ever longer hours on the phone...