LIECHTENSTEIN


Meaning of LIECHTENSTEIN in English

n.

officially Principality of Liechtenstein

Principality, western Europe.

It is located between Switzerland and Austria. Area: 61.8 sq mi (160 sq km). Population (2002 est.): 33,300. Capital: Vaduz . The Liechtensteiners are descended from the Alemanni tribe that came into the region after AD 500. Languages: German (official), Alemanni dialect, Walser dialect. Religion: Roman Catholicism. Currency: Swiss franc. The eastern two-thirds of Liechtenstein's small territory is composed of the foothills of the Rhätikon Massif, part of the central Alps . The western section of the country is occupied by the Rhine River floodplain. Liechtenstein has no natural resources of commercial value, and virtually all raw materials, including wood, have to be imported. Manufacturing includes metalworking, pharmaceuticals, optical lenses, electronics, and food processing. Liechtenstein, a tourist centre, is also a centre of banking because of its stable political situation and its absolute bank secrecy. It is a constitutional monarchy with one legislative house; its chief of state is the prince, and the head of government is the prime minister. The Rhine plain was occupied for centuries by two independent lordships of the Holy Roman Empire , Vaduz and Schellenberg. The principality of Liechtenstein, consisting of these two lordships, was founded in 1719 and remained part of the Holy Roman Empire. It was included in the German Confederation (1815–66). In 1866 it became independent, recognizing the regions of Vaduz and Schellenberg as unique regions forming separate electoral districts. In 1921 it adopted Swiss currency, and in 1923 joined the Swiss customs union. An almost 60-year ruling coalition dissolved in 1997, and the prince urged adoption of constitutional reforms.

Britannica Concise Encyclopedia.      Краткая энциклопедия Британика.