Connect to share and comment

Liechtenstein open to talks on automatic exchange of banking information

BERLIN - Liechtenstein's prime minister says the principality is prepared to discuss an automatic exchange of bank client information with the European Union. Adrian Hasler told German daily Handelsblatt in an interview published Monday that the tiny Alpine nation would consider following the lead of Austria and Luxembourg. The two countries have come under heavy pressure to help fellow members of the 27-nation EU crack down on tax evaders. Liechtenstein is not a member of the EU.

New Independent party rattles Liechtenstein vote

A loosely knit group of independent candidates, including a cross-dressing mechanic, surged Sunday to become Liechtenstein's third largest party in general elections that dealt a heavy loss to the prime minister's party. The brand new Independents, or DU, came out of nowhere to take 15.3 percent of the national vote and four seats in the tiny Alpine principality's 25-seat parliament, according to the official results. Its entrance into the house marks the first time the chamber will seat four parties.
Syndicate content