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General Information on Liechtenstein (source: www.nationmaster.com)

Summary:
Liechtenstein is a country in Central Europe. The main religion is christianity. The main language is German. Liechtenstein became independent from Germany in 1806. The country is a parliamentary democratic monarchy.

Background:
The Principality of Liechtenstein was established within the Holy Roman Empire in 1719; it became a sovereign state in 1806. Until the end of World War I, it was closely tied to Austria, but the economic devastation caused by that conflict forced Liechtenstein to enter into a customs and monetary union with Switzerland. Since World War II (in which Liechtenstein remained neutral), the country's low taxes have spurred outstanding economic growth. However, shortcomings in banking regulatory oversight have resulted in concerns about the use of the financial institutions for money laundering.

Borders:
Austria 34.9 km, Switzerland 41.1 km

Population:
33,145 (July 2003 est.)

GDP per capita:
$24890.63 per person

 


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