Geneva Airport New York City) outside of Zürich. The airport lies entirely within Swiss territory, however, its northern limit runs along the Swiss–French border and the airport can be accessed from both countries. The freight operations are also accessible from both countries, making Geneva a European Union freight hub although Switzerland is not a member of the EU. The airport is partially in the municipality of Meyrin and partially in the municipality of Le Grand-Saconnex. Geneva airport was created in 1919 as a simple field in Cointrin, near the city of Geneva covering an area of . From 1926 to 1931, the
Geneva was ranked as the world's fifteenth most important financial centre for competitiveness by the Global Financial Centres Index, fifth in Europe behind London, Zürich, Frankfurt and Luxembourg. A 2009 survey by Mercer found that Geneva has the third-highest quality of life of any city in the world (behind Vienna and Zürich for expatriates; it is narrowly outranked by Zürich). The city has been referred to as the world's most compact metropolis and the "Peace Capital". In 2017, Geneva was ranked as the seventh most expensive city in the world. Geneva was ranked third in purchasing power in a global cities