Vaduz (ots) - Liechtenstein joined the International Monetary Fund (IMF) on 21 October 2024. The first Article IV Consultation took place in Liechtenstein in January 2025. These country visits by IMF experts are conducted annually in all IMF member states and serve to monitor and analyse economic developments and ...
Vaduz (ots) - In its meeting on 18 March 2025, the Government approved the consultation report on amendment of the Law on the Minimum Taxation of Large Enterprise Groups (GloBE Act). The minimum taxation developed by the OECD/G20 Inclusive Framework on BEPS stipulates that multinational enterprise groups with revenue of more than 750 million euros are subject to an ...
Vaduz (ots) - The "Book of Europe" contains contributions from 33 European countries on the future of Europe. Against the backdrop of the 75th anniversary of the Council of Europe and the current geopolitical challenges, Liechtenstein's Prime Minister Daniel Risch and Foreign Minister Dominique Hasler initiated the ...
Vaduz (ots) - From 7 to 20 January 2025, the International Monetary Fund (IMF) conducted the first of its Article IV consultations in Liechtenstein, which will now take place annually. Over the course of these two weeks, IMF economists and representatives of Liechtenstein's Constituency held numerous discussions with public authorities, organisations, and companies in the country to familiarise themselves with and assess ...
Vaduz (ots) - As part of the semi-annual review of Liechtenstein's country rating, the international rating agency S&P Global Ratings affirmed the highest rating of AAA with a stable outlook in its research update of 25 November 2024. According to the rating agency's report, the retention of the highest rating reflects Liechtenstein's healthy financial position ...
swissstaffing - Verband der Personaldienstleister der Schweiz
Dübendorf (ots) - Restrictions on temporary work quickly become a boomerang. This has been highlighted by a regulatory impact assessment conducted by Swiss Economics on behalf of the industry association swissstaffing, which evaluates the impact of ...
Vaduz (ots) - In its meeting on 5 November 2024, the Government adopted its statement on the enactment of a Law implementing Regulation (EU) 2023/1114 on markets in crypto-assets and amending other laws. It also adopted amendments to the Due Diligence Act implementing Regulation (EU) 2023/1113 on information ...
Vaduz (ots) - The first Strategic and Economic Partnership Dialogue between Liechtenstein and the United States took place in Washington D.C. on 22 October. The talks centred on economic and security policy cooperation between the two countries. The new dialogue format is the result of several years of intensive and close cooperation between the two countries. The ...
Vaduz (ots) - H.S.H. the Hereditary Prince and H.R.H. the Hereditary Princess von und zu Liechtenstein are delighted to announce the engagement of their daughter Princess Marie Caroline to Leopoldo Maduro Vollmer. Leopoldo is the eldest son of Francisco and Sofia Maduro Vollmer, born Vollmer de Marcellus, and he was born in Caracas on 28 October 1990. He studied first at the Colegio San Ignacio de Loyola in Caracas, and ...
Vaduz (ots) - On Monday, 21 October 2024, Prime Minister Daniel Risch signed the agreement with the International Monetary Fund (IMF) in Washington DC. The signing took place one month after the referendum in Liechtenstein was held, in which 55.8% of voters supported joining the IMF. In his speech, Prime Minister Daniel Risch highlighted the importance of the accession: "Joining the IMF as its 191st member is undoubtedly ...
Vaduz (ots) - The EEA Financial Mechanism promotes economic and social balance within the European Economic Area (EEA). Following the conclusion of negotiations on the new 2021-2028 mechanism at the end of last year, the Government has now adopted the report and motion for submission to the Liechtenstein Parliament. As a member of the EEA, Liechtenstein - together with its EEA/EFTA partners Norway and Iceland - has ...
Zurich (ots) - After a breather, the Swiss franc has appreciated again sharply against the euro since mid-July. The temporary strength of the Swiss currency had already had a major impact on Switzerland's technology sector (mechanical and electrical engineering industries and related technology sectors) at the end of last year. This renewed exacerbation has come at a ...
Vaduz (ots) - At its meeting on 9 July 2024, the Government adopted several reports and motions on the redesign of the supervisory law governing banks and investment firms. These reports and motions on a comprehensive revision of the Banking Act (BankG) and the creation of a new Investment Services Act (WPDG), ...
Vaduz (ots) - At its meeting on 9 July 2024, the Government adopted its report and motion on amendment of the Law on the International Automatic Exchange of Information in Tax Matters (AEOI Act), the Law on Implementation of the FATCA Agreement between the Principality of Liechtenstein and the United States of America (FATCA Act), the Law on the Agreement between ...
Vaduz (ots) - At its meeting on 9 July 2024, the Government approved the Report and Motion of the Government on extension of the interest-free loan to Liechtenstein Wärme - the establishment responsible for Liechtenstein's natural gas supply - to maintain the country's strategic gas reserve. Pursuant to the Ordinance of 29 June 2022 on Securing the Supply of Natural Gas in the Event of a Serious Shortage (Natural Gas Supply Security Ordinance, EVSV), Liechtenstein Wärme ...
Zurich (ots) - The association of the Swiss technology industry is pleased at the Swiss electorate's clear approval of the Electricity Act. It will make a key contribution to a secure, environmentally friendly and economically viable electricity supply, and the companies in the technology industry are counting on it. Swissmem supports the rapid expansion of all CO2-free electricity-generation technologies. However, ...
Vaduz (ots) - After concluding its rating process, the international rating agency S&P Global Ratings affirmed Liechtenstein's country rating in its research update of 27 May 2024 with the highest rating, AAA, and a stable outlook. In its report affirming the rating, S&P Global Ratings cites the very positive result of the national accounts and the strong fiscal position of the country's public budgets. The stable outlook ...
Vaduz (ots) - From April 29 to May 2, Deputy Prime Minister Sabine Monauni, who is Liechtenstein's Minister of Home Affairs, Economy and Environment, visited the US. In Washington, DC she held bilateral talks on Liechtenstein - US economic relations. The US is one of Liechtenstein's most important economic and trading partners with Liechtenstein companies providing ...
Zurich (ots) - Following significant progress in the exploratory discussions, the Federal Council today adopted its position for negotiations with the EU. The time is ripe for securing and further developing the success of the bilateral approach: Swissmem supports the Bilaterals III negotiating package. The association for the Swiss technology industry (mechanical and electrical engineering industries and related ...
swissstaffing - Verband der Personaldienstleister der Schweiz
Bern/Dübendorf (ots) - After some intensive negotiations, the social partners have agreed on a new collective bargaining agreement on staff leasing for the next four years. It brings with it a higher minimum wage (+3.2% in 2024) with automatic ...