Perhaps not entirely seriously, hereditary Prince Alois von und zu Liechtenstein has told a German interviewer that his country could assist German tax collectors by acting on their behalf.
According to the Prince, such a relaxation of Liechtenstein's traditional banking secrecy policy would prove mutually beneficial, as it would increase tax revenue for Germany, whilst securing Liechtenstein’s position as a financial centre.
Defending Liechtenstein’s reputation against recent criticisms, the country’s Head of State has emphasised that Liechtenstein is a lawful state, which endeavours to guarantee data protection for its citizens, whilst pursuing those intent on tax evasion.
The Prince also urged German Finance Minister Peer Steinbrück not to drive capital out of Europe.
Alois has also vehemently refuted claims of non-cooperation with German authorities, alluding to East German assets, amounting to several million Euros, which had been uncovered in Liechtenstein and subsequently transferred to Berlin.
Both his mother and his wife are German, the Prince reminded his interviewer.
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