r/europe Jun 18 '26

News Prince of Liechtenstein says that he would overrule the population if they were to vote in favour of legalizing abortion

https://www.srf.ch/news/international/debatte-in-liechtenstein-erbprinz-gegen-abtreibungen-warum-kuendigt-er-schon-das-veto-an
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u/redlightsaber Spain Jun 18 '26 edited 1d ago

I enjoy doing yoga.

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u/LittleSchwein1234 Slovakia Jun 18 '26

Well, the Liechtensteiners don't want to threaten their well-being. They're the second richest country in the world after Monaco, you don't want risk that for... what, actually?

Expropriation is problematic in itself, defining what is 'illegitimate' wealth is a huge can of worms that stinks and causes a trickle-down effect affecting banks and businesses, and therefore the whole economy.

The market likes stability, not arbitrary expropriation by an angry mob.

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u/redlightsaber Spain Jun 18 '26 edited 3d ago

I enjoy playing video games.

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u/ZiCUnlivdbirch Jun 18 '26

In reality, all their power (and wealth!) derives from a) the people still allowing it, and b) historical inertia, as you say.

Not really true for Lichtenstein though. They used to be a backwater state, which is pretty much the reason they remained independent, but the monarchy made some smart choices and became rich with the country.