Share
twitterlinkedinfacebook
Image 1 of 1
MHE07106LIE.jpg
View along Vaduz's main pedestrianised street, with the new parliament building on the right. Despite this monument to democracy, the royal family still have the power to veto laws, dissolve parliament and appoint judges. Liechtenstein has become a major tax haven, whose opaque banking laws are said to aid fraud, money laundering and tax evasion. There are an estimated 75,000 companies registered in the country, twice that of the population.