Liechtenstein has faced pressure from the US and Germany to provide more transparency with its banking and tax systems and after signing several agreements has removed itself from the ‘grey list’ of countries yet to implement such procedures. In 2011 it joined the Schengen area permitting easy travel across 26 countries in Europe and in 2015 the country and the EU agreed to clamp down on tax fraud and evasion.
second least visited country in Europe having recently been trumped by San Marino. With no international airport it’s not an easy place to reach although Zurich airport is only a little over an hour away. On the other hand it is a hikers and skiers paradise offering plenty of activities within areas of natural beauty in the heart of the Alps.
signed back in 1923. Agriculture is a small part today, employing less than one per cent of the workforce, but is made up of about 125 private farms and 20 mountain farms used for cattle, sheep and crops. Forests cover around 43 per cent of the country’s total area. Finally, general services make up around 27 per cent of the economy which includes tourism, real estate and the retail sectors. Tourism isn’t huge. It inputs around 1.5 per cent to GDP. In fact it is the
Tere were around 87,000 tourists last year and traditionally 60 per cent of guests are coming from Switzerland or Germany with 15 per cent from Austria, Belgium, Italy, UK and the Netherlands.
Te principality of Liechtenstein celebrated its 300th birthday last year after it was established back in the early 1700s. It is named after the
Liechtenstein dynasty which united the counties of Schellenburg and Vaduz. Te name means ‘light stone’.
Te country gained independence from the Holy Roman Empire in 1806 and from Germany in 1866. It is made up of 11 municipalities – Balzers, Eschen, Gamprin, Mauren, Planken, Ruggell, Schaan, Schellenberg, Triesen, Triesenberg and Vaduz (the capital).
State elections will be held next month (February) and with the banner ‘Diversity in Politics’ there are five political parties all vying for the 25 places of the Landtag (Parliament).
Te country is frequently in coalition, with the Progressive Citizens Party (FBP) and Patriotic Union (VU), mostly dominating politics. Current Prime Minister Adrian Hasler has headed the country since 2013 and won the last elections in 2017 for the centre right FBP. He will quit after
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