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…

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Monaco Grand Prix circuit
At the Formula 1 World Cup, the most “slow” and difficult step is precisely the legendary Monaco lap, which all riders dream to overcome. To do this, you need to…

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Dwarf happiness costs huge money
Most citizens, when they say “dwarf,” have a blissful smile on their lips. Still would! Whose heart does not touch the dwarf poodle baby? Who will not be touched by…

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France

Principality before the Second World War

The principality, which was reduced in size and deprived of resources, was in an extremely difficult financial and economic situation. Raising taxes further was impossible. Back in the 1850s, the authorities decided to improve the matter by opening a casino, but the gambling house of the French businessman Duran was soon closed due to lack of transport connections and lack of competitiveness. The businessman Lefebvre, who bought the company, also failed to fix the matter.

After several attempts to revive trade, Charles III and his mother Carolina decided to organize a company called the “Sea Bathing Society”. Continue reading

Sardinian protectorate
An agreement between Monaco and Sardinian King Victor Emmanuel I was signed at Stupinigi on November 8, 1817. It was much less favorable for the principality than the treaty with…

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The legendary king of the opera Monte Carlo
Already 1893 became a historical year in the life of the Monte Carlo Opera. Among the nine new productions performed by Gunsburg in his first season, of course, the world…

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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…

...