Luxembourg, the smallest country in the European Union), located between Germany, France and Belgium, covers a surface area of 2,586 km2, on which approximately 400,000 people live. Approximately 90,000 people live in the capital of Luxembourg. One-third of the population and approximately half of the working population are foreigners. More than 70,000 people commute daily from the three neighbouring countries to Luxembourg to work. The reason is higher wages in Luxembourg. In the last few years the more than 200 banks have contributed to the relatively quick transformation from a primarily agrarian economy to the development of the service sector. The number of farms is declining rapidly. Today, approximately 2,600 farms (1970 still 7,600 farms) with about 126,000 hectares agricultural land are still in operation. Milk and cattle production play a dominant role, and in comparison, the income from horticulture and special cultures is minimal. Many farms have between 50 and 100 milk cows and between 60 to 100 hectares of land. A few farms have merged, so that farms with a few hundred milk cows and/or cattle and several hundred hectares are already not uncommon.