Timeline Liechtenstein

Timeline Liechtenstein

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The 6th smallest country in the world with 31,000 people. It measured about 15 miles long by less than 8 miles wide, 62 sq. miles.
(WSJ, 7/22/97, p.A1)(SSFC, 8/31/03, p.C8)
Aug 15 is celebrated as the national day.
(SSFC, 8/31/03, p.C8)

The 6th smallest country in the world. It measured about 15 miles long by about 4 miles wide. At 62 sq. miles it is about the size of Washington, DC, and is made up of 11 villages.
    (www.state.gov/r/pa/ei/bgn/9403.htm)(SSFC, 9/2/07, p.D3)
Aug 15 is celebrated as the national day.
    (SSFC, 8/31/03, p.C8)

1719        Jan 23, Principality of Liechtenstein was created within the Holy Roman Empire.
    (www.state.gov/r/pa/ei/bgn/9403.htm)

1719        Sep 23, Liechtenstein declared independence from the German empire.
    (MC, 9/23/01)

1806        Jul 12, Napoleon granted Liechtenstein sovereignty.
    (AP, 7/12/06)

1836        Apr 20, Johan I Jozef (75), monarch of Liechtenstein, field marshal, died.
    (MC, 4/20/02)

1939-1945    Liechtenstein managed to stay neutral during WWII.
    (SSFC, 8/31/03, p.C8)

1971        Feb 28, The male electorate in Lichtenstein refused to give voting rights to women.
    (HN, 2/28/98)

1984        In Lichtenstein women gained the right to vote.
    (SSFC, 9/2/07, p.D3)

1989        Prince Hans-Adam II assumed the throne upon the death of his father.
    (WSJ, 7/22/97, p.A1)

1998        Oct 12, Canada planned to begin discussion with Norway, Sweden, Iceland and Liechtenstein for the first trans-Atlantic free-trade pact.
    (WSJ, 10/12/98, p.A1)

2000        Nov, The Kunstmuseum of Liechtenstein opened.
    (SSFC, 8/31/03, p.C8)

2000        Both the G-8 group of leading industrialized nations and the 26-nation Financial Action Task Force put Liechtenstein on their blacklist of nations deemed uncooperative in fighting money laundering. The principality scrambled to revise its laws, and a year later was relieved to be removed from the blacklist.
    (AP, 7/2/06)

2001        Liechtenstein was removed from the money-laundering list of the Paris-based Organization for Economic Cooperation and Development.
    (AP, 7/2/06)

2002        Nov, Heinrich Kieber, an employee of Liechtenstein’s LGT Treuhand AG, ended his services with the company and stole confidential data on thousands of customers and beneficiaries. He was convicted of fraud and theft in 2004 and sentenced to 3 years probation. German authorities later confirmed the purchase of Liechtenstein banking data from an informant for some $6.2 million.
    (WSJ, 2/25/08, p.A6)

2003        Mar, Prince Hans-Adam II won a referendum to change the constitution and give himself greater powers.
    (SSFC, 8/31/03, p.C8)

2003        Aug 15, The ruling prince of Liechtenstein, who garnered controversy in Europe with his push for more power in the tiny state, announced he would step down and hand over the reins to his son in one year.
    (AP, 8/15/03)

2004        Aug 15, In Liechtenstein Prince Hans-Adam II formally handed over day-to-day governing powers to his son Crown Prince Alois, and then invited all 33,000 of Liechtenstein's people to a garden party.
    (AP, 8/15/04)

2004        Sep 21, Liechtenstein ratified the Comprehensive Nuclear Test-Ban Treaty, bringing to 116 the number of nations that have endorsed the pact.
    (AP, 9/22/04)

2005        Nov 27, Voters in Liechtenstein soundly rejected an initiative that critics said would have prevented abortion, birth control, assisted suicide and living wills.
    (AP, 11/27/05)

2006        Jul 2, Liechtenstein remained on the list of uncooperative tax havens because, unlike 33 other jurisdictions, it had not made a commitment to the OECD to improve transparency and to establish effective exchange of information for tax purposes with OECD countries. The population stood at some 34,600.
    (AP, 7/2/06)

2006        In Germany a person known to the press as “the informant” offered to sell a DVD stolen from LGT group, a firm owned by Liechtenstein’s ruling dynasty to Germany’s foreign intelligence service.. In 2002 Heinrich Kieber, an employee of Liechtenstein’s LGT Treuhand AG, had ended his services with the company and stolen confidential data on thousands of customers and beneficiaries. He was convicted of fraud and theft in 2004 and sentenced to 3 years probation. German authorities later confirmed the purchase of Liechtenstein banking data from an informant for some $6.2 million.
    (WSJ, 2/25/08, p.A6)(Econ, 2/23/08, p.70)

2007        The population of Lichtenstein numbered 35,000.
    (SSFC, 9/2/07, p.D3)

2008        Feb 20, German Chancellor Angela Merkel attacked Liechtenstein’s traditional banking secrecy and demanded a US-style deal giving Berlin insight into German investments in the Alpine tax haven.
    (AP, 2/20/08)

2008        Feb 22, The German finance ministry threatened to tax all financial transfers to Liechtenstein unless the Alpine principality relaxed its banking secrecy codes and helped trace tax evaders.
    (AFP, 2/22/08)

2008        Feb 24, The LGT Group, Liechtenstein’s largest financial group, confirmed that stolen client data, believed to be fueling a major German tax-evasion probe, included confidential information on thousands of customers and beneficiaries in other countries.
    (WSJ, 2/25/08, p.A6)

2008        Sep 3, Swiss prosecutors said police have broken up an Internet child pornography ring operating in at least four European countries where men exchanged details about their contacts with young girls. In all investigators said they had identified 600 people in Germany, 40 in Austria, 13 in Switzerland and four in Liechtenstein using the forum.
    (AP, 9/3/08)

2009        Feb 10, EU ministers demanded the reopening of negotiations with Liechtenstein on fighting fraud.
    (Econ, 2/21/09, p.53)

2009        Feb, The government of Liechtenstein fell. New PM Klaus Tschutscher pledged to work with other countries to get off the “uncooperative” list of tax havens.
    (Econ, 4/4/09, SR p.14)

2009        Mar, Liechtenstein’s Prince Alois agreed this month to start following the rules set down by the Organization for Economic Cooperation and Development in Europe aimed at curbing tax havens. Liechtenstein banks alone managed some $200 billion, while the principality's anonymous trusts controlled several times that much abroad.
    (AP, 3/29/09)

2009        Aug 11, Liechtenstein raised the gate on its tax-haven fortress, making a deal enabling London to snare about 5,000 British accounts holders with up to 3.0 billion pounds in secret deposits.
    (AFP, 8/11/09)

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