Monte Carlo Country Club
In April 1892, Prince Charles III adopted the project for the construction of earthen tennis courts proposed by Count Bertor. Arriving in the principality in 1863, accompanied by Francois Blanc,…

Continue reading →

The legendary king of the opera Monte Carlo (part 2)
The opera premiered on February 24, 1910 and was greeted with delight. There is no place in this article to analyze this work of Massenet. For us, one thing is…

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…

Continue reading →

system

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

Roses in memory of a beloved
On January 27, 304, a ship was thrown onto a rocky seashore, on it was the body of the young Christian martyr Devot - as the legend says. A white…

...

Nature of monaco
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…

...

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…

...