The legendary
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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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…

Continue reading →

Older sister (part 2)
After the death of her husband, the princess closed up: she almost abandoned onerous secular duties and spent most of her time with her children in her village estate in…

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number increased

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 →

Posted in broad powers, economic progress, German influence, number increased, research institutions
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The Country Grace Kelly Created
On April 19, 1956, Hollywood actress Grace Kelly married Rainier III, Prince of Monaco. This date was the beginning of the heyday of the principality. After the marriage of Prince…

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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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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…

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