Luxembourg farms. Luxembourg has especially close trade and financial ties to Belgium and the Netherlands (see Benelux), and as a member of the EU it enjoys the advantages of the open European market. With $171 billion in May 2015, the country ranks eleventh in the world in holdings of U.S. Treasury securities. However, securities owned by non-Luxembourg residents, but held in custodial accounts in Luxembourg, are also included in this figure. Luxembourg has efficient road, rail and air transport facilities and services. The road network has been significantly modernised in recent years with of motorways connecting the capital to adjacent countries.
William III of the Netherlands In the first two decades of his reign, he dismissed several cabinets and disbanded the States-General several times, installing royal cabinets which ruled as long as there was support in the elected second chamber of parliament. In what became known as the "Luxembourg Coup of 1856", William unilaterally instituted a new, reactionary constitution for Luxembourg, which he ruled personally, separate from the Netherlands crown. In 1867, France offered to buy Luxembourg, leading to the Luxembourg Crisis, which almost precipitated war between Prussia and France. However, the subsequent Second Treaty of London re-established Luxembourg as a fully independent country. During his