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History of Liechtenstein


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everal family castles and palaces.

Citizens of Liechtenstein were forbidden to enter Czechoslovakia during the Cold War. More recently the diplomatic conflict revolving around the controversial post-war Beneš decrees resulted in Liechtenstein not sharing international relations with the Czech Republic or Slovakia. Diplomatic relations were established between Liechtenstein and the Czech Republic on 13 July 2009, and with Slovakia on 9 December 2009.

Liechtenstein gave asylum to about 500 soldiers of the First Russian National Army (a collaborationist Russian force within the German Wehrmacht) at the close of World War II. About 200 of the group somewhat voluntarily agreed to return to the USSR. They departed in a train to Vienna and nothing was ever heard of them again. The remainder stayed in Liechtenstein for another year, resisting with support of Liechtenstein, further pressure by the Soviet government to participate in the repatriation programme. (In contrast, due to agreements made during the Yalta Conference, the western Allies repatriated Soviet citizens.) Eventually the government of Argentina offered asylum and about a hundred people left. This is commemorated by a monument at the border town of Hinterschellenberg.

In dire financial straits following the war, the Liechtenstein dynasty often resorted to selling family artistic treasures, including the priceless portrait "Ginevra de' Benci" by Leonardo da Vinci, which was purchased by the National Gallery of Art of the United States in 1967. Liechtenstein prospered, however, during the decades following, as it used its low corporate tax rates to draw many companies to the country.

The Prince of Liechtenstein is the world's sixth wealthiest leader with an estimated wealth of USD $5 billion. The country's population enjoys one of the world's highest standards of living.

Government

Liechtenstein has constitutional monarch as Head of State, an elected parliament
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