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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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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Sardinian protectorate
An agreement between Monaco and Sardinian King Victor Emmanuel I was signed at Stupinigi on November 8, 1817. It was much less favorable for the principality than the treaty with…

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entrepreneurs

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

Dwarf happiness costs huge money
Most citizens, when they say “dwarf,” have a blissful smile on their lips. Still would! Whose heart does not touch the dwarf poodle baby? Who will not be touched by…

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The memory of a trip to Monaco (part 1)
In travel plans, a visit to the state of Monaco was not made in advance. But, since these places were nearby, we decided to visit as many attractions in the…

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Monaco Grand Prix circuit
At the Formula 1 World Cup, the most “slow” and difficult step is precisely the legendary Monaco lap, which all riders dream to overcome. To do this, you need to…

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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…

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