Switzerland (German: Schweiz, French: Suisse, Italian: Svizzera, Romansch: Svizra, Latin: Confoederatio Helvetica) is a landlocked country in Central Europe. It has borders with France to the west, Italy to the south, Austria and Liechtenstein to the east and Germany to the north.
Switzerland's independence and neutrality have long been honored by the major European powers and Switzerland has not been involved in any military conflict since 1815. The political and economic integration of Europe over the past half century, as well as Switzerland's role in many UN and international organizations has strengthened Switzerland's ties with its neighbors. Switzerland remains active in many UN and international organizations, but retains a strong commitment to neutrality.
Switzerland showcases three of Europe's most distinct cultures. To the northeast is the clean and correct, 8-to-5-working, stiffer Swiss-German-speaking Switzerland; to the southwest you find the wine drinking and laissez-faire style known from the French; in the southeast, south of the Alps, the sun warms cappuccino-sippers loitering in Italian-style piazzas; and in the center: classic Swiss alphorns and mountain landscapes. Binding it all together is a distinct Swiss mentality.
Switzerland is a peaceful, prosperous, and stable modern market economy with low unemployment, a highly skilled labor force, and a per capita GDP larger than that of the big Western European economies.
The Swiss in recent years have brought their economic practices largely into conformity with the EU's to enhance their international competitiveness.
Switzerland remains a safe haven for investors, because it has maintained a degree of bank secrecy and has kept up the franc's long-term external value.