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 - Star Eden
Would you like to shop at Carrefour. And not because it’s inexpensive there. In the only supermarket of the Principality of Monaco, it's easier than ever to meet a real…

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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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industrialists

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

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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Rolls-Royce Land (part 2)
Perhaps he is wiser and certainly more romantic than his foreign colleagues: instead of wasting energy on politics, he fervently patronizes everything that enhances the prestige of the principality, making…

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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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Rolls-Royce Land (part 2)
Perhaps he is wiser and certainly more romantic than his foreign colleagues: instead of wasting energy on politics, he fervently patronizes everything that enhances the prestige of the principality, making…

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