President Micheline Calmy-Rey has met the heads of state of Austria, Germany and Liechtenstein for an annual exchange of views between the neighbouring countries.
Hereditary Prince Alois von Liechtenstein hosted the meeting in Vaduz which was also attended by German Federal President Christian Wulff and Austrian Federal President Heinz Fischer.
The discussions focused on the political and economic situation in Europe, the Arab Spring, education and integration issues.
“Our countries are joined by a common culture as well as shared values and mentalities which both foster and facilitate cooperation,” Calmy-Rey told the meeting. “We are all pragmatic and prudent, which stands us in good stead particularly in difficult economic times.”
Calmy-Rey also briefed her colleagues on measures taken by the Swiss National Bank to peg the minimum exchange rate for the euro at SFr1.20, and on agreements signed with Germany and Britain on withholding tax arrangements.