The most famous mile in the world
The Principality of Monaco is just 1.95 km2 and it is without a doubt the most famous square mile on the planet. Situated on the shores of the Mediterranean Sea,…

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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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Monaco relies on extraordinary
For just a few months, a magnificent white building resembling a transatlantic liner will excite the curiosity of the inhabitants and guests of Monaco. The new entertainment complex Ni Box,…

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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

Monaco Cathedral
Cathedral of Monaco - the main cathedral of the Principality of Monaco was built of white stone, brought from La Turbi. The cathedral stands on the site of an older…

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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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Three days in Monaco (part 3)
However, Mireillea is married, and if that gentleman ever finds his Monegasque, he himself will not become a happy taxpayer anyway. Only his children will be recognized as full citizens…

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