198 TILG Liechtenstein ceo networks

The Principality of Liechtenstein is a tiny, doubly-landlocked country tucked away between Switzerland and Austria and with mountain slopes rising above the Rhine valley.

It owes much of its wealth to its traditional status as a tax haven, though it has in recent years taken steps to shake off its image as a tax haven and to reposition itself as a legitimate financial centre.

The country has come through a lengthy political wrangle over the role and power of the hereditary monarchy.

After an often bitter campaign, the people voted in March 2003 in a constitutional referendum to give Prince Hans-Adam sweeping new political powers. The following year he handed over practical power to his son, Crown Prince Alois