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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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 - 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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manifestations

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 the complete disappearance of the Grimaldi dynasty, Monaco will become an autonomous region of France. The modern territory of Monaco was inhabited back in the Stone Age. According to legend, during the Roman era one young Corsican named Devot was executed, her body was placed in a boat and sent to Africa. The boat got off course and ran aground off the coast of Monaco, where the state was founded in honor of this girl. The first large-scale construction began here during the Genoese dynasty of the Gibellins, which ruled Monaco in the 13th century. But on January 8, 1297, the first representative of the Grimaldi clan crept into the Gibellin fortress, attacking them from the rear, and thereby ensured careless living for their descendants over the next 700 years. Continue reading

Roses in memory of a beloved
On January 27, 304, a ship was thrown onto a rocky seashore, on it was the body of the young Christian martyr Devot - as the legend says. A white…

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Rolls-Royce Land (part 3)
They collected everything from painting to nautical charts, from historical archives to skeletons of extinct animals. Prince Rainier III is a passionate lover of antique cars: his collection of more…

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Older sister (part 1)
Among the inhabitants of the Principality of Monaco, a legend is known about how the distant ancestor of Grimaldi rejected the harassment of a certain lady who turned out to…

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