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Otmar Hasler

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Otmar Hasler
Official portrait c. 2001–2009
Prime Minister of Liechtenstein
In office
5 April 2001 – 25 March 2009
MonarchsHans-Adam II
Alois (regent)
DeputyRita Kieber-Beck
Klaus Tschütscher
Preceded byMario Frick
Succeeded byKlaus Tschütscher
President of the Landtag of Liechtenstein
In office
January 1995 – December 1995
MonarchHans-Adam II
Vice PresidentPaul Kindle
Preceded byPaul Kindle
Succeeded byPaul Kindle
Personal details
Born (1953-09-28) 28 September 1953 (age 71)
Vaduz, Liechtenstein
Political partyProgressive Citizens' Party
SpouseTraudi Hasler
Children4
Alma materUniversity of Fribourg
ProfessionEducator

Otmar Hasler (German pronunciation: [ˈɔtmaʁ ˈhaslɐ]; born 28 September 1953) is a former politician from Liechtenstein who served as Prime Minister of Liechtenstein from 2001 to 2009. He was previously the President of the Landtag of Liechtenstein in 1995 and served in the Landtag of Liechtenstein from 1989 to 2001.

Early life and career

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Hasler attended school in Eschen from 1966 to 1969 and then teacher training college in Rickenbach, Schwyz from 1969 to 1974. He was educated in secondary school teaching from 1975 to 1979 at the University of Freiburg and University of Burgundy. He worked as a teacher at the secondary school in Eschen from 1979 to 2001.[1]

Hasler was elected to the Landtag of Liechtenstein in 1989 as a member of the Progressive Citizens' Party, where he served until 2001.[1] He was President of the Landtag of Liechtenstein from January to December 1995.[2] In addition, he was president of the Progressive Citizens' Party from 1993 to 1995.[1]

Prime Minister of Liechtenstein

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Hasler was Prime Minister of Liechtenstein from 5 April 2001 to 25 May 2009. His first term oversaw a FBP majority government, whereas in his second term he led a new coalition government with the Patriotic Union.[3]

His government oversaw the ending of the 1999–2001 Liechtenstein financial crisis, with Liechtenstein being removed from the Financial Action Task Force on 23 June 2001.[4][5]

In 2003, a referendum to adopt Hans-Adam II's revision of the constitution of Liechtenstein to expand his powers passed. The prince had threatened to abdicate and leave the country if the referendum did not result in his favour.[6] In the run-up to the referendum, Hasler supported the proposed changes.[1]

2008 tax affair

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During Hasler's term, the 2008 Liechtenstein tax affair took place, where millions of euros belonging to hundreds of citizens living in Germany were channeled into the LGT Bank and other banks in Liechtenstein,[7] taking advantage of Liechtenstein-based trusts to evade paying taxes in Germany.[8] The affair overshadowed the previously planned visit of Hasler to Berlin on February 19, 2008, to meet with the minister of finance, Peer Steinbrück, and the chancellor, Angela Merkel.[9][10] Merkel asked for help in the investigation and cooperation in prevention of tax evasion, pointing out that Liechtenstein provided the US Internal Revenue Service with some data but not the German Ministry of Finances.[11]

The newspaper Die Welt described the event as a "government crisis".[12] As a result of the affair, Hasler's government entered negotiations with a number of countries to discuss tax avoidance issues. It reached an agreement with the United Kingdom in 2009 that will allow the about 5,000 British customers of Liechtenstein's banks that hold for them about £2-3 billion in secret accounts to come clear with British tax authorities under terms of a significantly reduced penalty.[13] The agreement opened up Liechtenstein's banks to greater transparency, but remains controversial in Liechtenstein; some banks feared that clients would move their money elsewhere.[13]

Hasler sought re-election for a third term in the 2009 Liechtenstein general election.[14] However, the election resulted in a victory for the Patriotic Union and Hasler resigned as prime minister on 8 February 2009, and was succeeded by Klaus Tschütscher on 25 March.[15][16]

Later life

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Hasler currently serves as a member of the board at the Kaiser Partner Privatbank in Vaduz.[17]

In 2023, Hasler was a co-founder and board member of the Liacht foundation, designed to financially support charitable organisations. He has been a board member of the organisation since.[18]

See also

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References

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  1. ^ a b c d "Hasler, Otmar". Historisches Lexikon des Fürstentums Liechtenstein (in German). 31 December 2011. Retrieved 19 August 2024.
  2. ^ "Mitglieder – Präsidenten" (in German). March 27, 2019. Archived from the original on 2019-03-27.
  3. ^ "Mitglieder der Regierung des Fürstentums Liechtenstein 1862-2021" (PDF). www.regierung.li. Archived (PDF) from the original on 16 February 2024. Retrieved 15 February 2024.
  4. ^ Lussy, Hanspeter (31 December 2011). "Finanzplatzkrise". Historisches Lexikon des Fürstentums Liechtenstein (in German). Retrieved 25 December 2024.
  5. ^ ""Wieder ein gleichwertiger Partner der Völkergemeinschaft". Liechtensteiner Volksblatt (in German). 23 June 2001. Retrieved 25 December 2024.
  6. ^ "Liechtenstein prince wins powers". BBC News. 2003-03-16. Retrieved 2011-02-19.
  7. ^ Keuchel, Jan; Andresen, Tino (2008-02-16). "Nächste Woche knallt es wieder". Handelsblatt (in German). Archived from the original on 2008-02-19. Retrieved 2008-02-21.
  8. ^ "In Deutschland bahnt sich riesiger Steuerskandal an". Agence France Presse (in German). 2008-02-15. Archived from the original on 2008-03-09. Retrieved 2008-02-21.
  9. ^ Moore, Matt (2008-02-18). "Germany expands probe of Liechtenstein tax evasion". USA Today. Associated Press. Retrieved 2008-02-20.
  10. ^ "Regierungschef Otmar Hasler bei Bundeskanzlerin Angela Merkel" (Press release) (in German). 2008-02-15. Archived from the original on 2008-03-05.
  11. ^ Pfanner, Eric; Landler, Mark (2008-02-20). "Tax Inquiry? Principality Is Offended". The New York Times.
  12. ^ "Tausende Verdächtige in Steueraffäre". Die Welt Online (in German). 2008-02-15. Retrieved 2008-02-24.
  13. ^ a b Simonian H (August 12, 2009). "Liechtenstein in talks with Germany on transparency". Financial Times.
  14. ^ "FBP stellt Regierungsteam vor". Liechtensteiner Volksblatt (in German). 4 October 2008. Retrieved 24 December 2024.
  15. ^ "Regierungschef Otmar Hasler tritt zurück". Liechtensteiner Vaterland (in German). 8 February 2009. Retrieved 5 November 2024.
  16. ^ "Zusammenarbeit besiegelt". Liechtensteiner Volksblatt (in German). 25 March 2009. p. 1. Retrieved 5 November 2024.
  17. ^ "Otmar Hasler - Member of the Board". Kaiser Partner Privatbank AG. Retrieved 8 September 2023.
  18. ^ Steiger, Melanie (3 December 2023). "Jeder kann ganz einfach Geld spenden". Liechtensteiner Vaterland (in German). Retrieved 5 November 2024.
Political offices
Preceded by Prime Minister of Liechtenstein
2001 – 2009
Succeeded by