On 15 August2004, Hans Adam II formally delegated the power to make decisions in Liechtenstein to his son, Alois of Liechtenstein. Hans Adam II remains head of state.
Liechtenstein's "Day of Sovereignty" on July 12 is the culmination of its bicentennial festivities, which include an official ceremony, a parade by its 11 municipalities, a dinner for guests of honour and a street party in the capital, Vaduz.
The Principality of Liechtenstein is a small, landlocked country with a population of 34,000, sandwiched between Switzerland and Austria.
Liechtenstein's population is essentially ethnic German, though its resident population is approximately one third foreign-born, primarily German-speakers from Germany, Austria and Switzerland, and other Swiss nationals, Italians and Turks.