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== Constitution == The current iteration of the [[Constitution of Liechtenstein]] was [[Liechtenstein constitutional referendum, 2003|adopted in March 2003]], amending the 1921 constitution. The 1921 constitution had established Liechtenstein as a constitutional monarchy headed by the reigning prince of the Princely House of Liechtenstein; a parliamentary system had been established, although the reigning Prince retained substantial political authority.<ref>{{cite news |title=Liechtenstein referendum rejects curbs on royal powers - BBC News |work=BBC News |date=30 June 2012 |url=https://www.bbc.com/news/world-europe-18649156}}</ref><ref>[http://news.bbc.co.uk/2/hi/europe/2853991.stm Liechtenstein prince wins powers] BBC News Online, 16 March 2003. Retrieved 29 December 2006.</ref><ref>{{cite web |title=The Reform of the Constitution in 2003 |url=https://www.fuerstenhaus.li/en/monarchy/the-reform-of-the-constitution-in-2003/#button2 |url-status=dead |archive-url=https://web.archive.org/web/20170102172008/https://www.fuerstenhaus.li/en/monarchy/the-reform-of-the-constitution-in-2003/ |archive-date=2017-01-02}}</ref> In a [[Liechtenstein constitutional referendum, 2003|national referendum]] in March 2003, nearly two-thirds of the electorate voted in support of [[Hans-Adam II|Hans-Adam II's]] proposed constitutional reform. The proposals were criticised by many, including the [[Council of Europe]], as it expanded the powers of the monarchy (extending monarch's power of veto law, increasing his executive authority, and allowing him to dismiss the government, or any minister, at will). The Prince threatened that if the constitution failed, he would, among other things, convert some princely property for commercial use and move to Austria.<ref>[http://news.bbc.co.uk/2/hi/europe/2853991.stm "Liechtenstein Prince wins powers"]. ''BBC News''. 16 March 2003. Retrieved 29 December 2006.</ref> The princely family and the Prince enjoy tremendous public support inside the nation, and the resolution passed with about 64% in favour.<ref>{{Cite web |title=IFES Election Guide β Election Profile for Liechtenstein β Results |url=http://www.electionguide.org/results.php?ID=326 |access-date=1 July 2012 |website=Electionguide.org}}</ref> A proposal to revoke the Prince's veto powers was rejected by 76% of voters in a [[Liechtenstein constitutional referendum, 2012|2012 referendum]].<ref>{{Cite news |date=1 July 2012 |title=Liechtenstein votes to keep prince's veto |work=[[Reuters]] |url=https://www.reuters.com/article/us-liechtenstein-vote-prince-idUSBRE86008W20120701 |access-date=1 July 2012}}</ref>
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