San Marino. From the beginning of the year, San Marino introduced extra taxation of labor commuting across the border from Italy. According to Countryaah official site, criticism was raised in the European Parliament against the decision, which is estimated to affect about 6,000 people, most of whom are EU citizens. Visit ABBREVIATIONFINDER for the acronym of SMR that stands for the country of San Marino.
Area: 61.2 km2 (world ranking: 192)
Population density: 539 per km2 (as of 2017, world ranking: 192)
Capital: San Marino
Official languages: Italian
Gross domestic product: 1.7 billion US $; real growth: 1.2%
Gross national product (GNP, per resident and year): n / a
Currency: 1 euro (euro) = 100 cents
Av. Franklin Roosevelt 62, B-1050 Brussels
T +32 2 6442224,
Fax +32 2 6442057
E-Mail: [email protected]
Head of State: Matteo Ciacci, Head of State: Stefano Palmieri, Head of Government and Foreign Affairs: Nicola Renzi
National holiday: 3.9. (legendary foundation in 301)
State and form of government
No written constitution, laws with constitutional character
customs, currency and economic union with Italy
Parliament: Grand and General Council (Consiglio Grande e Generale) with 60 members, election every 5 J.
Election of heads of state (Capitani Reggenti) by parliament every 6 months. Right to
vote from 18 years.
Population of: San Marines, last census 2010: 30,652 residents
82% San Marines, 15% Italians, 3% Other
Cities (with population): (As of 2017) Serravalle 10,877 inh., Borgo Maggiore 6866, San Marino-Città 4043
Religions: especially Catholics (as of 2006)
Languages: Italian, Romagna dialect
Employed by economic sector: Agriculture. 0%, industry 33%, business 67% (2015)
Unemployment (in% of all labor force): 2017: 8.0%
Inflation rate (in%): 2017: 0.9%
History. – The instability that had characterized the political life of San Marino at the beginning of the 21st century. continued in the following years. In October 2007, after Parliament’s negative vote on an article of the law on fair and equitable trial, ministers of the United Left (SU) party announced their resignation, opening a crisis that would end in November with the formation of a new one. executive and the entry into the governing coalition – alongside the Party of Socialists and Democrats (PSD), the Popular Alliance (AP) and the SU itself – of the Movement of Central Democrats (DdC). However, the tensions continued throughout 2008 and led to the early elections in November: the parties of the center-right coalition Pact for San Marino, with 54, won the victory.
SM too was affected by the consequences of the international economic crisis, which resulted in a prolonged contraction of GDP; to weigh on the small republic were also its placement in the Italian blacklist of countries with privileged taxation and the tax shield approved by Italy in 2009, which was followed by the repatriation of capital illegally held in San Marino banks. The money laundering scandal that involved some important figures of the Savings Bank of the Republic of San Marino in 2009 also highlighted the country’s vulnerability to this criminal activity, which the small state tried to tackle more decisively by strengthening the legislation on the subject..
A new political crisis opened in July 2012, and the elections for the renewal of Parliament were held in the following November: the center-left coalition of San Marino common good, 50.7% strong, won the majority of seats (35). votes. In October 2013, a referendum was held in the country on the start of the procedure for joining the European Union: the majority of voters who went to the polls expressed themselves in favor (50.3%), but the proposal was rejected due to the failure to reach of the quorum (the favorable vote of 32% of those registered on the electoral lists was necessary, but the percentage stopped at 20.2%).
Following the entry into force (October 2013) of the Convention between Italy and MS to avoid double taxation in the field of income tax and prevent tax fraud, in February 2014 the small republic was canceled from the Italian tax blacklist. On January 26, 2015, the agreements on economic cooperation and financial cooperation between the two countries also entered into force.