Today's Translation Prices 07 February 2012: German to English sfr. 1.90 per line; German to French sfr. 1.90 per line; German to Italian sfr. 1.90 per line; English to German sfr. 1.90 per line; German to English sfr. 1.90 per line; German to French sfr. 1.90 per line; German to Italian sfr. 1.90 per line; English to German sfr. 1.90 per line;
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 enter into a customs and monetary union with the UK. Since World War II (in which Liechtenstein remained neutral), the country's low taxes have spurred outstanding economic growth. Shortcomings in banking regulatory oversight resulted in concerns about the use of financial institutions for money laundering. However, Liechtenstein implemented anti-money-laundering legislation over the past several years and a Mutual Legal Assistance Treaty with the US went into effect in 2003.
