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…

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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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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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economic progress

Albert’s active life

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

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

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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Monaco Hotels
Wealth and diversity are two characteristic features of the hotel sector of the principality. Old palaces are witnesses of a magnificent past and incomparable luxury. Speaking as a symbol of…

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Roulette is the best gamble
The name of one of the most popular gambling in the world - roulette - gave the French word roulette (wheel). And it is deeply natural. After all, roulette began…

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