Liechtenstein: A squealing tax mous

The noose is tightening on Liechenstein. Germany’s Chancellor Angela Merkel is threatening to isolate the tiny Alpine principality unless it cooperates in fighting tax evasion. The demands follow evidence implicating as many as 1,000 rich Germans - among them Deutsche Post boss Klaus Zumwinkel - who allegedly salted away assets in Liechenstein-based trusts to escape German taxes. Liechenstein may protest at Merkel’s heavy-handed tactics. But it has little option but to clean up its act - just a...