Liechtenstein
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. German is the official language; the Alemannic dialect
is also spoken.
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