Heheh… well we are not referring to the little red dot in case you think it… The third in our little series on micro and small states in Europe, we train our focus on the tiny little nation that sits between Switzerland and Austria.
This little nation is 160km², but like the little red dot, this landlocked country is also a financial powerhouse. While it WAS under (and still in a way) the private ownership of a family who literally bought the place, it is now a constitutional monarchy. It is one of the countries in the world that does not have a military, since its size and population probably inhibits it.
But it is not part of the EU and that is the interesting situation. Because it still participates in the European economic area and is a party to the Schengen treaty effectively making its borders open. But then it uses the Swiss Franc in a monetary union. Our little red dot has an interchangeability agreement with Brunei, which effectively means both countries’ currencies are equal and can circulate in each others country. Different strokes for different folks!
It was just a restroom stop, but we crafted a little story out of it with help from many sources on the web. Add a dash of our own seasoning, this little essay here tells how a medieval noble family’s fortune ebbed and flowed with the times. Have you been to Liechtenstein?