Belgium–Luxembourg Economic Union Belgium–Luxembourg Economic Union The Belgium–Luxembourg Economic Union (, , ), abbreviated to BLEU or UEBL, is an economic union between Belgium and Luxembourg, two countries in the Benelux Union. BLEU was created by a treaty, signed on 25 July 1921, despite a referendum against such a proposal, between Belgium and Luxembourg, and came into effect upon ratification by the Luxembourg Chamber of Deputies on 22 December 1922. Under the terms of the treaty, the economic frontier was lifted and the Belgian franc and Luxembourg franc were set at a fixed parity (though revised in 1935 and 1944) establishing a monetary
Luxembourg (Belgium) Luxembourg (Belgium) Luxembourg (; ; ; ; ) is the southernmost province of Wallonia and of Belgium. It borders on (clockwise from the east) the country of Luxembourg, France, and the Belgian provinces of Namur and Liège. Its capital is Arlon (, ), in the south-east of the province. It has an area of , making it the largest Belgian province. At around 250,000 residents, it is also the least populated province, making it a relatively sparsely populated province in an otherwise very densely populated country. It is significantly larger (70%) and much less populous than the neighbouring Grand Duchy