Adam and Eve with a cast iron core (part 1)
Breakfast in the morning at the hotel. I suffered a lot. For five euros I was fed a croissant, microporosion of jam with butter and coffee. And it's all! Let's…

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Monaco. History and culture of Monaco
The history of Monaco is largely the story of the Grimaldi family, which owns these lands. In 1918, an agreement was concluded between Monaco and France, according to which, after…

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Monte Carlo Country Club
In April 1892, Prince Charles III adopted the project for the construction of earthen tennis courts proposed by Count Bertor. Arriving in the principality in 1863, accompanied by Francois Blanc,…

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development

About the tax-free system and the construction boom

For the first time, the principality seriously thought about the possibility of a financial catastrophe in the twenties, when the decline of the gaming industry sharply reduced the income of the dwarf state.

Jules Richard – as it turned out, a connoisseur of the local economy – willingly undertook to talk about how the principality managed to get out of a difficult situation.

We sat at the table of a small cafe on the promenade of Monte Carlo. My interlocutor sipped a beer from a tall glass and began like this:

– The prescription drug was found in a law containing two articles: the first one said that Monegasques living in France are subject to the tax system of France, not Monaco; the second article said that the French living in Monaco are subject to the laws of taxation of the principality and do not pay taxes to France. Continue reading

Monaco relies on extraordinary
For just a few months, a magnificent white building resembling a transatlantic liner will excite the curiosity of the inhabitants and guests of Monaco. The new entertainment complex Ni Box,…

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Monaco - Millionaire Reserve
Monegasques (as the locals call themselves) manage from time to time to solve their "housing problem" without declaring war on neighboring France. Land is taken from the sea, filling new…

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Royal circus
The XXXIII International Circus Festival in Monte Carlo brought together the best artists from around the world under the dome of the famous tent of Fontvieille. Among them were our…

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Court of Honor
The Honorary Courtyard is considered the former central part of the 13th century fortress. He took on his true architectural appearance during the reign of Honor II. His successor, Prince…

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