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Welcome
to our Hotel Network!
Your non stop hotel reservation guide for Hotels in
Liechtenstein. We
searched multiple suppliers for the best Room Rate available. Often
GDS (Global Distribution System) suppliers have different room rates, due
to the fact that they individually buy blocks of rooms from hotel chains.
Check
first our Last Minute &
Hot Deals where we put a Monthly update of all known LAST MINUTES! of
all Hotel Reservation Suppliers. This to get & let you informed about
all known Discounted deals in Europe!
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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 conclude 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.
However, shortcomings in banking regulatory oversight have resulted in
concerns about the use of the financial institutions for money laundering.
Despite its small size and limited natural resources, Liechtenstein has
developed into a prosperous, highly industrialized, free-enterprise economy
with a vital financial service sector and living standards on a par with the
urban areas of its large European neighbors. Low business taxes - the
maximum tax rate is 18% - and easy incorporation rules have induced 73,700
holding or so-called letter box companies to establish nominal offices in
Liechtenstein, providing 30% of state revenues. The country participates in
a customs union with Switzerland and uses the Swiss franc as its national
currency. It imports more than 90% of its energy requirements. Liechtenstein
has been a member of the European Economic Area (an organization serving as
a bridge between European Free Trade Association (EFTA) and EU) since May
1995. The government is working to harmonize its economic policies with
those of an integrated Europe.
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