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The Principality of Liechtenstein was established within the Holy Roman Empire in 1719 A.D.; it became a sovereign state in 1806 A.D.. 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 Switzerland. Since World War II (in which Liechtenstein remained neutral), the country's low taxes have spurred outstanding economic growth. German is the official language; the Alemannic dialect is also spoken.
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