Little Liechtenstein became one of the richest states in Europe. Large capitals brought a lot of this microtate for their low taxation (companies pay only 12%, and the top to the income tax is 22%). This added to its unusual export authority, this country raised this nation to become a second country in Europe in GDP per capita only for Monaco, with about 185,000 dollars. Allegedly more than countries such as Luxembourg ($ 133,000). This idyllic ecosystem was faced with an unusual crisis, an explosion of zombies that risk their model.
The local government of the Alps created a special working group to encounter a real crisis. The reason is that hundreds in organizations associated with Russian owners were trapped in legal connection, which left them completely paralyzed. All its directors and together had to resign over the past six months with the latest US sanctions. Consequently, 800 societies remained on someone’s land that existing, but without any person responsible for their elimination or management of his assets.
This can be a real crisis, since these companies have banking and credit obligations with all types of companies in the country. Therefore, there is paralysis can reveal the financial crisis in the country of the Alps. “We are talking about the trains of Zombie Zombie Multimillionaire Zombie. And there is still no decision. I have never seen anything the same, ”said Vaduz lawyer, whose clients include several touched trusts, in an interview with Financial Times.
Lietchenstein was countries that were included in the EU gardens in 2022, but until 2024 NOP was indeed a real impulse for organizations based in Liechtenstein. This was due to the fact that great Russian fates work with intermediaries who were not the goal of Washington to the last part of the Biden era. In this sense, the microsite is trying to postpone the application of the rules, but the United States made an official warning that they could authorize them if they do not cooperate and impose the rules on the “customers” of the Russian state.
Before the threat of the White House, Liechtenstein’s actions were cruel and ordered to obtain zero tolerance) in the financial market management (FMA). The body demanded a complete separation with any related to Russia as a way to avoid risk. This caused the true tsunami resignation in the high spheres of the country of the millionaire. “American actions were“ unexpected, and this caused panic, ”Schurezler said. Even the authorities said that we do not know what could happen tomorrow, and even more so in one or two months, ”in the statements of Financial Times.
According to official figures, there are already 350 organizations that are in the suspension of payments and 40 of them in liquidation. The state stated that 85 would be completely orphaned, not having the opportunity to appoint someone, who coordinates the liquidation. These are only current grades, but this figure can reach 800. All these million -millionaires of Russian citizens who used Liechtenstein. The vast majority are people who are not subjected to sanctions and live in Europe or in the Middle East.
This crisis can undermine one of the principles that the microcant really made. Its ability to attract the state of the planet. Lichenstein is not just a place where low taxes are paid. This is a financial island, a paradise hidden among the Alps, where it does not matter whether the world is on fire, the money is always protected in its idyllic room. At least this is the image that was projected onto this crisis. “This may be a big problem for our country to remain a financial center,” said Deputy Thomas Fogt.
The Lichtenstein government said that “it provides the highest priority with strong and coordinated answers to the current aggression of Russia against Ukraine among our partners, including the United States.” Now it is still unknown whether this answer can maintain the status of Liechtenstein. This was built for decades since the Second World War, and now it has been put on a map for the swing of geopolitians.
