Rolls-Royce Land (part 1)
In Monaco, the powers that be are twisting novels, losing crazy amounts in casinos, and indulging in other pleasures of life ... Thoughts free and involuntary The yachts on the…

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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 Yacht Show
Monaco annually hosts a significant event in the world of the yachting industry - a yacht show. Only luxury yachts take part in it, so for those who are not…

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financiers

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

Formula 1. Grand Prix of Monaco
April 14, 1929, at 13 hours 30 minutes under the High patronage of His Serene Highness Prince Louis II, Prince Pierre opened the first Grand Prix of Monaco. 16 riders…

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Formula 1. Grand Prix of Monaco
April 14, 1929, at 13 hours 30 minutes under the High patronage of His Serene Highness Prince Louis II, Prince Pierre opened the first Grand Prix of Monaco. 16 riders…

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The legendary king of the opera Monte Carlo (part 2)
The opera premiered on February 24, 1910 and was greeted with delight. There is no place in this article to analyze this work of Massenet. For us, one thing is…

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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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