Second Otmar Hasler cabinet

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Second Otmar Hasler cabinet
Flag of Liechtenstein.svg
Government of Liechtenstein
Otmar Hasler (cropped).jpg
Date formed25 March 2005 (2005-03-25)
Date dissolved25 March 2009 (2009-03-25)
People and organisations
Head of state Hans-Adam II
Alois (regent)
Head of government Otmar Hasler
Deputy head of government Klaus Tschütscher
Total no. of members5
Member parties FBP
VU
Status in legislature Coalition
22 / 25(88%)
Opposition party Free List
History
Election 2005
Predecessor First Otmar Hasler cabinet
Successor Klaus Tschütscher cabinet

The Second Otmar Hasler cabinet was the governing body of Liechtenstein from 21 March 2005 to 25 March 2009. It was appointed by Alois, Hereditary Prince of Liechtenstein and was chaired by Otmar Hasler.

Contents

History

The 2005 Liechtenstein general election resulted in a win for the Progressive Citizens' Party. [1] As a result, the First Otmar Hasler cabinet was dissolved with Otmar Hasler continuing as Prime Minister of Liechtenstein. [2] The Progressive Citizens' Party and Patriotic Union once again entered into a coalition government. [3]

During the government's term, the 2008 Liechtenstein tax affair took place, where millions of euros belonging to hundreds of citizens living in Germany were channeled into the LGT Bank and other banks in Liechtenstein, [4] taking advantage of Liechtenstein-based trusts to evade paying taxes in Germany. [5] The affair overshadowed the previously planned visit of Hasler to Berlin on February 19, 2008, to meet with the minister of finance, Peer Steinbrück, and the chancellor, Angela Merkel. [6] [7] Merkel asked for help in the investigation and cooperation in prevention of tax evasion, pointing out that Liechtenstein provided the US Internal Revenue Service with some data but not the German Ministry of Finances. [8]

The newspaper Die Welt described the event as a "government crisis". [9] Alois, called the investigations an "attack" on Liechtenstein by the Federal Republic and considered pursuing legal remedies. [10] As a result of the affair, the government entered negotiations with a number of countries to discuss tax avoidance issues. It reached an agreement with the United Kingdom in 2009 that will allow the about 5,000 British customers of Liechtenstein's banks that hold for them about £2-3 billion in secret accounts to come clear with British tax authorities under terms of a significantly reduced penalty. [11] The agreement opened up Liechtenstein's banks to greater transparency, but remains controversial in Liechtenstein; some banks feared that clients would move their money elsewhere. [11]

The 2009 Liechtenstein general election resulted in a win for the Patriotic Union. [12] As a result, the cabinet was dissolved and Hasler was by Klaus Tschütscher succeeded in the Klaus Tschütscher cabinet. [2] [13]

Members

PictureNameTermRoleParty
Prime Minister
Otmar Hasler (cropped) (4).jpg Otmar Hasler 21 March 2005 – 25 March 2009
  • Finance
  • Construction
Progressive Citizens' Party
Deputy Prime Minister
Klaus Tschuetscher 1.jpg Klaus Tschütscher 21 March 2005 – 25 March 2009
  • Justice
  • Business
  • Sport
Patriotic Union
Government councillors
Maria-Pia Kothbauer with Rita Kieber-Beck and Emil Brix (cropped).jpg Rita Kieber-Beck 21 March 2005 – 25 March 2009
  • Foreign affairs
  • Culture
  • Family
Progressive Citizens' Party
Martin Meyer (cropped).jpg Martin Meyer 21 March 2005 – 25 March 2009
  • Interior
  • Health
  • Transport
  • Communication
Progressive Citizens' Party
Hugo Quaderer.jpg Hugo Quaderer 21 March 2005 – 25 March 2009
  • Social services
  • Education
  • Environment
  • Agriculture
  • Forestry
Patriotic Union

See also

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References

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  11. 1 2 Simonian H (August 12, 2009). "Liechtenstein in talks with Germany on transparency". Financial Times.
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  13. "Zusammenarbeit besiegelt". Liechtensteiner Volksblatt (in German). 25 March 2009. p. 1. Retrieved 5 November 2024.