section_path: Current monarchies/European semi-constitutional monarchies
section_name: European semi-constitutional monarchies
paragraph_text: European semi-constitutional monarchies
  
  A semi-constitutional monarchy is a monarchy where the monarch rules according to a democratic constitution but still retains substantial powers. The Principality of Liechtenstein and the Principality of Monaco are European semi-constitutional monarchies. For example, the 2003 Constitution referendum gave the Prince of Liechtenstein the power to veto any law that the Landtag (parliament) proposes, while the Landtag can veto any law that the Prince tries to pass. The prince can appoint or dismiss any elective member or government employee. However, he is not an absolute monarch, as the people can call for a referendum to end the monarch's reign. When Hereditary Prince Alois threatened to veto a referendum to legalize abortion in 2011, it came as a surprise because the prince had not vetoed any law for over 30 years. The prince of Monaco has simpler powers; he cannot appoint or dismiss any elective member or government employee to or from his or her post, but he can elect the minister of state, government council and judges. Both Albert II, Prince of Monaco, and Hans-Adam II, Prince of Liechtenstein, are theoretically very powerful within their small states, but they have very limited power compared to the Islamic monarchs (see below). They also own huge tracts of land and are shareholders in many companies.