BRUSSELS (AP) — As the European Union’s wealthiest country, Luxembourg could have been forgiven for thinking that it would never find itself on the bloc’s financial risk list.
With just half a million people living on a tiny patch of lush land nestled between Belgium, France and Germany, Luxembourg is as tranquil as a buzzing financial center gets. Still, some of Europe’s regulators and politicians have started wondering aloud whether its banks might be holding the 17-nation eurozone’s next ticking bomb.
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