Berliner Boersenzeitung - EU-member Luxembourg enthrones monarch, drawing hundreds

EUR -
AED 4.260595
AFN 74.248426
ALL 94.805306
AMD 427.068748
ANG 2.077106
AOA 1059.336376
ARS 1658.112806
AUD 1.639405
AWG 2.090009
AZN 1.997737
BAM 1.954433
BBD 2.336865
BDT 142.422199
BGN 1.961647
BHD 0.4376
BIF 3468.633057
BMD 1.160133
BND 1.487585
BOB 8.017494
BRL 5.892665
BSD 1.160288
BTN 109.833052
BWP 15.567377
BYN 3.212208
BYR 22738.613511
BZD 2.333508
CAD 1.622191
CDF 2662.50625
CHF 0.92068
CLF 0.026314
CLP 1035.639582
CNY 7.855845
CNH 7.841904
COP 4051.7773
CRC 527.83981
CUC 1.160133
CUP 30.743534
CVE 110.187435
CZK 24.154223
DJF 206.179351
DKK 7.474681
DOP 68.193466
DZD 154.373163
EGP 58.414342
ERN 17.402
ETB 187.057149
FJD 2.595448
FKP 0.865632
GBP 0.863911
GEL 3.080173
GGP 0.865632
GHS 12.879156
GIP 0.865632
GMD 84.689611
GNF 10164.020419
GTQ 8.844926
GYD 242.742264
HKD 9.089407
HNL 31.026694
HRK 7.534485
HTG 151.646519
HUF 350.141021
IDR 20540.160827
ILS 3.367397
IMP 0.865632
INR 109.717696
IQD 1519.956254
IRR 1596201.363311
ISK 144.390229
JEP 0.865632
JMD 183.911331
JOD 0.822544
JPY 185.933423
KES 150.122479
KGS 101.453824
KHR 4662.818163
KMF 494.216561
KPW 1044.120414
KRW 1756.824732
KWD 0.357495
KYD 0.96694
KZT 567.949992
LAK 25548.456006
LBP 103904.849072
LKR 385.786745
LRD 211.165904
LSL 18.767493
LTL 3.425572
LVL 0.701753
LYD 7.377965
MAD 10.726303
MDL 20.182228
MGA 4820.710419
MKD 61.648728
MMK 2435.224478
MNT 4149.436187
MOP 9.362811
MRU 46.318393
MUR 54.665199
MVR 17.935794
MWK 2011.927091
MXN 19.962472
MYR 4.698893
MZN 74.135817
NAD 18.767413
NGN 1575.76234
NIO 42.700678
NOK 11.061262
NPR 175.733082
NZD 1.990464
OMR 0.446073
PAB 1.160203
PEN 3.94589
PGK 5.081401
PHP 69.949661
PKR 322.804476
PLN 4.250786
PYG 7103.968656
QAR 4.229914
RON 5.235213
RSD 117.350945
RUB 84.05819
RWF 1704.436918
SAR 4.35293
SBD 9.333938
SCR 15.890144
SDG 696.589428
SEK 10.882758
SGD 1.487952
SHP 0.866157
SLE 28.596858
SLL 24327.420374
SOS 663.047546
SRD 43.525852
STD 24012.417887
STN 24.482871
SVC 10.152029
SYP 128.231972
SZL 18.764196
THB 37.768125
TJS 10.755514
TMT 4.072068
TND 3.395595
TOP 2.793323
TRY 53.693061
TTD 7.875626
TWD 36.574946
TZS 3051.148371
UAH 52.017304
UGX 4310.05888
USD 1.160133
UYU 47.057888
UZS 13899.215866
VES 675.148694
VND 30499.905571
VUV 138.637141
WST 3.182818
XAF 655.50969
XAG 0.016565
XAU 0.000268
XCD 3.135318
XCG 2.091064
XDR 0.81601
XOF 655.50969
XPF 119.331742
YER 276.768569
ZAR 18.796364
ZMK 10442.584941
ZMW 20.395994
ZWL 373.562463
  • RBGPF

    0.0000

    60.72

    0%

  • RIO

    0.5400

    105.89

    +0.51%

  • CMSD

    0.1100

    22.37

    +0.49%

  • RYCEF

    0.4600

    17.5

    +2.63%

  • NGG

    -0.2700

    81.57

    -0.33%

  • GSK

    -0.8200

    52.22

    -1.57%

  • CMSC

    0.0100

    22.34

    +0.04%

  • AZN

    -1.4100

    177.34

    -0.8%

  • BCE

    -0.2269

    24.05

    -0.94%

  • VOD

    -0.5300

    15

    -3.53%

  • BP

    -1.1900

    41.59

    -2.86%

  • BTI

    -1.2600

    61.06

    -2.06%

  • RELX

    -0.9000

    32.84

    -2.74%

  • BCC

    0.4450

    71.585

    +0.62%

  • JRI

    0.1035

    12.77

    +0.81%

EU-member Luxembourg enthrones monarch, drawing hundreds
EU-member Luxembourg enthrones monarch, drawing hundreds / Photo: NICOLAS TUCAT - AFP

EU-member Luxembourg enthrones monarch, drawing hundreds

Hundreds of people, including European royalty, thronged Luxembourg Friday to witness the enthronement of Grand Duke Guillaume as monarch after his father, Henri, officially abdicated ending a 25-year reign in the tiny EU nation.

Text size:

Wearing a green military uniform topped by a yellow sash, Guillaume, 43, formally acceded to the throne during a ceremony at the parliament in the eponymous capital.

Guillaume took the oath of service before lawmakers, foreign dignitaries, and his father, who, in a matching uniform, appeared emotional as he listened to his son's inauguration speech.

After the ceremony, the new Grand Duke and his wife, Stephanie, are to greet the public in the historic district of Luxembourg city, according to the official programme.

Earlier, Henri, 70, formally signed his abdication at the Grand Ducal Palace in the presence of guests including the Dutch and Belgian royal couples.

"You have carried out this role with the perfect balance between dignity and warmth, seriousness and openness, formality and humanity," Luxembourg's Prime Minister Luc Frieden said during the abdication ceremony.

"This role was not one you chose. It has been yours by birth. But the people of Luxembourg –- all of us –- could not have wished for a better sovereign".

- 'Very excited' -

The small European nation of about 680,000 people lit up with pomp and pageantry as foreign dignitaries flocked to the financial hub to mark the historic occasion.

Hundreds gathered to watch guests, including European Parliament chief Roberta Metsola and European Council President Antonio Costa, walk a red carpet covering the short distance between palace and parliament after the abdication, television footage showed.

Some waved Luxembourg's red, white and blue flags as a military band played in the background.

"I am very excited about these festivities," said Nicolas Graas, a local businessman, adding that for weeks he has been telling friends of his American wife to make sure to tune in for the occasion.

"They should be sure to watch television because, for once, there will be a lot of talk about Luxembourg," he said.

French President Emmanuel Macron and his German counterpart Frank-Walter Steinmeier are among those expected to attend a gala dinner in Luxembourg City.

Guillaume will be the seventh sovereign of the House of Nassau-Weilburg, which has reigned over Luxembourg since 1890 and shares its lineage with the Dutch royal family.

The father-of-two is not expected to shake up the small monarchy, where the head of state promulgates laws and performs representative functions.

But observers say he might bring a more personal approach to the Grand Duchy.

- No 'whirlwind of modernity' -

"The new Grand Duke is 30 years younger than his father and was educated in Luxembourg schools, unlike his father, who had private lessons," said Frieden, the prime minister.

"So it will be a new style, perhaps more open, but in line with that of his father and grandfather."

The heir apparent is the eldest of five children born to Henri and Grand Duchess Maria Teresa -- the Havana-born daughter of a wealthy Cuban businessman, who lived in exile in Switzerland.

"With his mother being Cuban, we can imagine that he will have a more Latin approach, perhaps a little warmer," Belgian historian and monarchy expert Patrick Weber said.

"But I don't really expect a whirlwind of modernity," he added.

Henri launched the transition process in 2024, saying he wished to "slow down" and regain "a certain freedom" after a quarter of a century on the throne.

Guillaume studied in Luxembourg and Switzerland before attending the Sandhurst Royal Military Academy in Britain.

He went on to earn a double degree in arts and political science from the University of Angers in France.

Guillaume has been married since 2012 to Countess Stephanie de Lannoy, who hails from a noble Belgian family and is known to be passionate about art and literature and speaks French, Luxembourgish, German and English.

The couple has two sons: Charles, five, and Francois, two.

Celebrations for his accession to the throne are planned throughout the country until Sunday.

(T.Renner--BBZ)