The Liechtenstein Monarchy is a constitutional monarchy located in the small European country of Liechtenstein. The ruling family, the Princely Family of Liechtenstein, has been in power since the 17th century. The current monarch, Prince Hans-Adam II, has significant powers, including the ability to veto legislation and dissolve the parliament. The monarchy plays a vital role in the country's governance, with the prince serving as the head of state. Liechtenstein has a unique political system that combines elements of democracy and monarchy, allowing citizens to participate in decision-making while maintaining royal authority.