Liechtenstein
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CountryLiechtenstein
Flag
Capitalname: Vaduz
geographic coordinates: 47 09 N, 9 31 E
time difference: UTC+1 (6 hours ahead of Washington, DC during Standard Time)
daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October
Population34,247 (July 2007 est.)
GMT+1
LocationCentral Europe, between Austria and Switzerland

see map
Areatotal: 160 sq km
land: 160 sq km
water: 0 sq km
Ethnic groupsAlemannic 86%, Italian, Turkish, and other 14%
ReligionsRoman Catholic 76.2%, Protestant 7%, unknown 10.6%, other 6.2% (June 2002)
LanguagesGerman (official), Alemannic dialect
Government typeconstitutional monarchy
National holidayAssumption Day, 15 August
Constitution5 October 1921
Legal systemlocal civil and penal codes; accepts compulsory ICJ jurisdiction, with reservations
BackgroundThe 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. Shortcomings in banking regulatory oversight resulted in concerns about the use of financial institutions for money laundering. However, Liechtenstein implemented anti-money-laundering legislation over the past several years and a Mutual Legal Assistance Treaty with the US went into effect in 2003.
Internet
country code
.li
LAST UPDATED ON 17 JUNE 2007