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 in the late XVIII - early XIX centuries
During the period of the French Revolution and the Napoleonic Wars. All possessions of the Monaco prince in France were lost after the French Constituent Assembly abolished feudal rights on…

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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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impresario

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 compatriots. For the first time in this millennium and for the second time in the history of the country, Ukraine received a gold award at the Monte Carlo festival. On January 18, 2009, she was awarded the Kobzov circus performers, air gymnasts Dmitry Grigorov and Oles Shulge for the flight of passion. “Princess Stephanie is standing over there!” Natasha Rybchenko, artist of the National Circus of Ukraine, winner of last year’s festival in Monte Carlo, pushed me by the arm. “You just don’t need to take pictures,” she predicted my attempt to raise the camera, “she doesn’t like that.” Continue reading

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…

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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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Monaco - a celebration of life
Luxury hotels and casinos, comfortable beaches and yacht clubs, contrasts of antiquity and modernity, as well as European ideas about beautiful life have turned this place into an endless celebration…

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