Liechtenstein is drawing a positive balance from the 25 years it has been a member of the European Economic Area (EEA). Access to the European domestic market is an important location factor for the principality. Acceptance within the population is also high.

After 25 years as a member of the EEA, the Government of Liechtenstein has a positive overall balance. Prime Minister Adrian Hasler is quoted in a press release as saying: “The EEA is a successful model for Liechtenstein and has proven to be the best solution for integration to date.” This view is shared by the population, trade associations, and other specialist associations.
A survey among citizens has shown that 84 percent view the EEA as a positive arrangement. The EEA was considered to be the best option for Liechtenstein’s European policy by 70 percent. The access to the European domestic market for companies provided by the EEA was said to be “a major advantage and an important location factor.”
Furthermore, according to the press release entering into the EEA provides a significant contribution in terms of independent foreign policy in Liechtenstein and increases the perception of the country as a sovereign member of the family of nations. All of this represents a good starting position for further developments.
The press release states: “Nevertheless, the dynamic within and outside of the EEA, in particular with regard to developments in integration policy in the EU, in the EFTA states, and above all in Switzerland, must not be underestimated.” The government monitors developments “very closely in order to lay the suitable foundations where needed.”

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