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Background 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, it 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. Population 497,538 (July 2010 est.) Government type 3 districts; Diekirch, Grevenmacher, Luxembourg Administrative divisions constitutional monarchy Independence National Day (Birthday of Grand Duchess Charlotte) 23 June; note - the actual date of birth was 23 January 1896, but the festivities were shifted by five months to allow observance during a more favorable time of year International organization participation three equal horizontal bands of red (top), white, and light blue; similar to the flag of the Netherlands, which uses a darker blue and is shorter; the coloring is derived from the Grand Duke's coat of arms (a red lion on a white and blue striped field) Economy - overview Market value of publicly traded shares banking and financial services, iron and steel, information technology, telecommunications, cargo transportation, food processing, chemicals, metal products, engineering, tires, glass, aluminum, tourism Agriculture - products 1.7% (2007 est.) Industries 2.696 billion kWh (2007 est.) Industrial production growth rate 6.525 billion kWh (2007 est.) Electricity - production 2.483 billion kWh (2008 est.) Internet country code 387,000 (2008) WebCam