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 Liechtenstein

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kosovohp
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PostSubject: Liechtenstein   Wed Oct 27, 2010 12:06 am

The Principality of Liechtenstein (pronounced /ˈlɪktənstaɪn/ ( listen) LIK-tən-styen; German: FŘrstentum Liechtenstein, German pronunciation: [ˈfʏʁstn̩tuːm ˈlɪštn̩ʃtaɪn][6]) is a doubly landlocked alpine microstate in Western Europe, bordered by Switzerland to the west and south and by Austria to the east. Its area is just over 160 km▓ (about 61.7 square miles), and it has an estimated population of 35,000. Its capital is Vaduz; the biggest town is Schaan. Liechtenstein has the highest gross domestic product per person in the world according to the CIA World Factbook.[7]

Liechtenstein is the smallest yet the richest German-speaking country in the world and the only alpine country to lie entirely within the Alps. It is sometimes considered to be the only German-speaking country not to share a common border with Germany, although Namibia is another. It is a constitutional monarchy divided into 11 municipalities. Much of Liechtenstein's terrain is mountainous, making it a winter sports destination. Many cultivated fields and small farms characterize its landscape both in the north (Unterland, lower land) and in the south (Oberland, upper land). The country has a strong financial sector located in the capital, Vaduz, and has been identified as a tax haven. It is a member of the European Free Trade Association and part of the European Economic Area but not of the European Union.

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