Deputy Prime Minister and Minister of Economy Étienne Schneider, signed the declaration of European cooperation in the framework of HPC on 23 March, giving the official kick-off for the collaboration between the signatory states, Germany, Spain, France, Italy, Luxembourg, the Netherlands and Portugal, for the strategy of setting up a European HPC network, of which the Grand Duchy was the initiator.

In this context, it is envisaged that by 2018, Luxembourg will have acquired a high performance computer (HPC) with an operating power of one peta-FLOP/second (floating point operations per second), corresponding to 1,000,000,000,000,000 calculations per second.