In 1988, Prince Albert was appointed President of the Organizing Committee of the Monte Carlo Television Festival, held annually in the Principality in February, to which hundreds of television experts come. Here his interest in communications and technological innovations taking place in this industry is fully manifested.
Albert had to solve another important problem. For a long time, the principality appeared on the black list of the international commission on combating money laundering. The Principality has gained fame as an offshore zone, where billions of dollars flowed from financial fraud around the world. Albert Grimaldi did everything to improve the reputation of the country: together with Rainier III, Albert achieved the exclusion of the principality from the “black” lists. Continue reading
Monaco is located on the southern periphery of the maritime Alps composed of limestone. The climate is Mediterranean with moderately warm winters (average January temperature + 8-10 ° С) and dry, warm and sunny summers (average July and August temperatures 24 ° С). There are up to 300 sunny days a year, and rainy – approx. 60. The average annual rainfall is 1300 mm. They fall mainly in the fall.
The Nature of Monaco The Alps protect the sea from the cold northerly winds. In summer, sea breezes have a cooling effect on the coast. Thanks to its mild climate, Monaco is a popular Mediterranean resort. In the coastal zone, the red-colored soils of terra rso and brown soils are developed; in the mountains, brown forest soils. Continue reading