
AI-generated summary
Liechtenstein is a constitutional principality with a ruling dynasty of Liechtenstein, one of the richest in Europe. Traditionally, succession to the throne followed the male line.
Crown Prince Alois of Liechtenstein broke 300-year-old tradition and announced the right of the women of the dynasty to inherit the throne on an equal basis with men. The Financial Times (FT) wrote about this.
The publication notes that the initiative involves a larger-scale consolidation of power in the country. It is known that thanks to the new measures, the prince’s power strengthened, and the control functions of his relatives, on the contrary, weakened.
Now the prince can decide for himself who belongs to the dynasty, and sets the rules for surnames, titles and coats of arms. The family council was expanded from three to five members, but its influence was reduced.
“The prince is the most powerful “politician” in the country. Such a role for a monarch would be unthinkable in the larger constitutional monarchies of Europe,” said Wouter Veenendaal, professor of royal affairs at Leiden University.
The ruling house of Liechtenstein is the richest ruling dynasty in Europe. Her wealth is based on income from private assets. About 40 thousand people live in the principality.
AI outlook — possibilities, not facts
Other European monarchies may reconsider their succession rules under the influence of the Liechtenstein reform
Possible · Within years

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