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Wikipedia

Monaco

April 11, 2023

This article is about the city-state. For other uses, see Monaco (disambiguation).

Monaco (/ˈmɒnəkoʊ/ (listen); French pronunciation: ​[mɔnako]), officially the Principality of Monaco,[a] is a sovereign city-state and microstate on the French Riviera a few kilometres west of the Italian region of Liguria, in Western Europe, on the Mediterranean Sea. It is bordered by France to the north, east and west. The principality is home to 38,682 residents,[11] of whom 9,486 are Monégasque nationals;[12] it is widely recognised as one of the most expensive and wealthiest places in the world.[13][14] The official language of the principality is French. In addition, Monégasque (a dialect of Ligurian), English and Italian are spoken and understood by many residents.[b]

Principality of Monaco
Principauté de Monaco (French)
Prinçipatu de Mu̍negu (Ligurian)
Principato di Monaco (Italian)
Motto: "Deo Juvante" (Latin)
(English: "With God's Help")
Anthem: Hymne Monégasque
(English: "Hymn of Monaco")
Location of Monaco (green)

in Europe (green & dark grey)

CapitalMonaco (city-state)
43°43′52″N 07°25′12″E / 43.73111°N 7.42000°E / 43.73111; 7.42000Coordinates: 43°43′52″N 07°25′12″E / 43.73111°N 7.42000°E / 43.73111; 7.42000
Largest quarterMonte Carlo
Official languagesFrench[1]
Common languages
Ethnic groups
Religion
Demonym(s)
  • Monégasque
  • Monacan[c]
GovernmentUnitary parliamentary semi-constitutional monarchy
• Monarch
Albert II
Pierre Dartout
LegislatureNational Council
Independence
• House of Grimaldi (under the sovereignty of the Republic of Genoa)
8 January 1297
• from the French Empire
17 May 1814
• from occupation of the Sixth Coalition
17 June 1814
2 February 1861
5 January 1911
Area
• Total
2.02 km2 (0.78 sq mi) (194th)
• Water (%)
negligible[4]
Population
• 2019 estimate
 38,300[5] (190th)
• 2016 census
37,308[6]
• Density
18,713/km2 (48,466.4/sq mi) (1st)
GDP (PPP)2015 estimate
• Total
 $7.672 billion (2015 est.)[7] (168th)
• Per capita
 $115,700 (2015 est.)[7] (3rd)
GDP (nominal)2019[b] estimate
• Total
 $7.424 billion[8] (159th)
• Per capita
 $190,513[9] (2nd)
CurrencyEuro (€) (EUR)
Time zoneUTC+1 (CET)
• Summer (DST)
UTC+2 (CEST)
Date formatdd/mm/yyyy
Driving sideright[10]
Calling code+377
ISO 3166 codeMC
Internet TLD.mc
  1. ^ Government offices are located in the Monaco-Ville quarter.
  2. ^ GDP per capita calculations include non-resident workers from France and Italy.
  3. ^ Monacan is the term for residents.

With an area of 2.1 km2 (0.81 sq mi), it is the second-smallest sovereign state in the world, after Vatican City. Its 19,009 inhabitants /km2 (49,230/sq mi) make it the most densely-populated sovereign state in the world. Monaco has a land border of 5.47 km (3.40 mi) and the world's shortest coastline of approximately 3.83 km (2.38 mi);[15] it has a width that varies between 1,700 and 349 m (5,577 and 1,145 ft). The highest point in the state is a narrow pathway named Chemin des Révoires on the slopes of Mont Agel, in the Les Révoires ward, which is 161 m (528 ft) above sea level. The principality is about 15 km (9.3 mi) from the border with Italy.[16] Its most populous ward is Larvotto/Bas Moulins with a population of 5,443 as of 2008. Through land reclamation, Monaco's land mass has expanded by 20 percent. In 2005, it had an area of only 1.974 km2 (0.762 sq mi).

The principality is governed under a form of constitutional monarchy, with Prince Albert II as head of state, who wields immense political power despite his constitutional status. The prime minister, who is the head of government, can be either a Monégasque or a French citizen; the monarch consults with the Government of France before an appointment. Key members of the judiciary in Monaco are detached French magistrates.[17] The House of Grimaldi has ruled Monaco, with brief interruptions, since 1297.[18] The state's sovereignty was officially recognised by the Franco-Monégasque Treaty of 1861, with Monaco becoming a full United Nations voting member in 1993. Despite Monaco's independence and separate foreign policy, its defence is the responsibility of France, besides maintenance of two small military units.

Economic development was spurred in the late 19th century with the opening of the state's first casino, the Monte Carlo Casino, and a railway connection to Paris.[19] Since then, Monaco's mild climate, scenery, and gambling facilities have contributed to the principality's status as a tourist destination and recreation centre for the rich. In more recent years, Monaco has become a major banking centre and has sought to diversify its economy into the services sector and small, high-value-added, non-polluting industries. Monaco is famous as a tax haven: the principality has no personal income tax (except for French citizens) and low business taxes. Over 30% of the residents are millionaires,[20] with real estate prices reaching €100,000 ($116,374) per square metre in 2018.

Monaco is not formally a part of the European Union (EU), but it participates in certain EU policies, including customs and border controls. Through its relationship with France, Monaco uses the euro as its sole currency; before, it used the Monegasque franc, which was pegged, and exchangeable with, the French franc until 1 January 2002. Monaco joined the Council of Europe in 2004 and is a member of the Organisation internationale de la Francophonie (OIF). It is also the host of the annual street circuit motor race, the Monaco Grand Prix, one of the original Grands Prix of Formula One. The local motorsports association gives name to the Monte Carlo Rally, hosted in January in the French Alps. The principality has a club football team, AS Monaco, which competes in the French Ligue 1 and have become French champions on multiple occasions, and a basketball team, which plays in the EuroLeague. A centre of research into marine conservation, Monaco is home to one of the world's first protected marine habitats,[21] an Oceanographic Museum, and the International Atomic Energy Agency Environment Labs, which is the only marine laboratory in the United Nations structure.[22]

History

Main article: History of Monaco

Monaco's name comes from the nearby 6th-century BC Phocaean Greek colony. Referred to by the Ligurians as Monoikos, from the Greek "μόνοικος", "single house", from "μόνος" (monos) "alone, single"[23] + "οἶκος" (oikos) "house".[24] According to an ancient myth, Hercules passed through the Monaco area and turned away the previous gods.[25] As a result, a temple was constructed there. Because this "House" of Hercules was the only temple in the area, the city was called Monoikos.[26][27] It ended up in the hands of the Holy Roman Empire, which gave it to the Genoese.

An ousted branch of a Genoese family, the Grimaldi, contested it for a hundred years before actually gaining control. Though the Republic of Genoa would last until the 19th century, they allowed the Grimaldi family to keep Monaco, and, likewise, both France and Spain left it alone for hundreds of years. France did not annex it until the French Revolution, but after the defeat of Napoleon it was put under the care of the Kingdom of Sardinia.

In the 19th century, when Sardinia became a part of Italy, the region came under French influence but France allowed it to remain independent. Like France, Monaco was overrun by the Axis powers during the Second World War and for a short time was administered by Italy, then the Third Reich, before finally being liberated. Although the occupation lasted for just a short time, it resulted in the deportation of the Jewish population and execution of several resistance members from Monaco. Since then Monaco has been independent. It has taken some steps towards integration with the European Union.

Arrival of the Grimaldi family

 
Rainier I, victor of the naval battle at Zierikzee and first sovereign Grimaldi ruler of Monaco

Following a grant of land from Emperor Henry VI in 1191, Monaco was refounded in 1215 as a colony of Genoa.[28][29] Monaco was first ruled by a member of the House of Grimaldi in 1297, when Francesco Grimaldi, known as "Malizia" (translated from Italian either as "The Malicious One" or "The Cunning One"), and his men captured the fortress protecting the Rock of Monaco while dressed as Franciscan friars – a monaco in Italian – although this is a coincidence as the area was already known by this name.[30]

Francesco was evicted a few years later by the Genoese forces, and the struggle over "the Rock" continued for another century.[31] The Grimaldi family was Genoese and the struggle was something of a family feud. The Genoese engaged in other conflicts, and in the late 1300s Genoa lost Monaco after fighting the Crown of Aragon over Corsica.[32] Aragon eventually became part of a united Spain, and other parts of the land grant came to be integrated piecemeal into other states. Between 1346 and 1355, Monaco annexed the towns of Menton and Roquebrune, increasing its territory by almost ten times.[32]

1400–1800

 
Monaco (as part of the Republic of Genoa) in 1494

In 1419, the Grimaldi family purchased Monaco from the Crown of Aragon and became the official and undisputed rulers of "the Rock of Monaco". In 1612, Honoré II began to style himself "Prince" of Monaco.[33] In the 1630s, he sought French protection against the Spanish forces and, in 1642, was received at the court of Louis XIII as a "duc et pair étranger".[34]

The princes of Monaco thus became vassals of the French kings while at the same time remaining sovereign princes.[35] Though successive princes and their families spent most of their lives in Paris, and intermarried with French and Italian nobilities, the House of Grimaldi is Italian. The principality continued its existence as a protectorate of France until the French Revolution.[36]

19th century

 
Map of the French annexation in 1860

In 1793, Revolutionary forces captured Monaco and until 1814 it was occupied by the French (in this period much of Europe had been overrun by the French armies under the command of Napoleon Bonaparte).[34][37] The principality was reestablished in 1814 under the Grimaldis, only to be designated a protectorate of the Kingdom of Sardinia by the Congress of Vienna in 1815.[37] Monaco remained in this position until 1860 when, by the Treaty of Turin, the Sardinian forces pulled out of the principality; the surrounding County of Nice (as well as Savoy) was ceded to France.[38] Monaco became a French protectorate once again.

Before this time there was unrest in Menton and Roquebrune, where the townspeople had become weary of heavy taxation by the Grimaldi family. They declared their independence, hoping for annexation by Sardinia. France protested. The unrest continued until Charles III of Monaco gave up his claim to the two mainland towns (some 95% of the principality at the time) that had been ruled by the Grimaldi family for over 500 years.[39]

These were ceded to France in return for 4,100,000 francs.[40] The transfer and Monaco's sovereignty were recognised by the Franco-Monégasque Treaty of 1861. In 1869, the principality stopped collecting income tax from its residents—an indulgence the Grimaldi family could afford to entertain thanks solely to the extraordinary success of the casino.[41] This made Monaco not only a playground for the rich, but a favoured place for them to live.[42]

20th century

 
The Mayor of Monaco announcing concessions, ending the absolute monarchy of Prince Albert I in 1910

Until the Monégasque Revolution of 1910 forced the adoption of the 1911 Constitution of Monaco, the princes of Monaco were absolute rulers.[43] The new constitution slightly reduced the autocratic rule of the Grimaldi family and Prince Albert I soon suspended it during the First World War.

In July 1918, a new Franco-Monégasque Treaty was signed, providing for limited French protection over Monaco. The treaty, endorsed in 1919 by the Treaty of Versailles, established that Monégasque international policy would be aligned with French political, military and economic interests. It also resolved the Monaco succession crisis.

 
The marriage of actress Grace Kelly to Prince Rainier III brought media attention to the principality.

In 1943, the Italian Army invaded and occupied Monaco, forming a fascist administration.[44] In September 1943, after Mussolini's fall from power, the German Wehrmacht occupied Italy and Monaco, and the Nazi deportation of the Jewish population began. René Blum, the prominent French Jew who founded the Ballet de l'Opéra in Monte Carlo, was arrested in his Paris home and held in the Drancy deportation camp outside the French capital before being transported to Auschwitz, where he was later murdered.[45] Blum's colleague Raoul Gunsbourg, the director of the Opéra de Monte-Carlo, helped by the French Resistance, escaped arrest and fled to Switzerland.[46] In August 1944, the Germans executed René Borghini, Joseph-Henri Lajoux and Esther Poggio, who were Resistance leaders.

Rainier III, succeeded to the throne on the death of his grandfather, Prince Louis II, in 1949, and then ruled until 2005. On 19 April 1956, Prince Rainier married the American actress Grace Kelly, an event that was widely televised and covered in the popular press, focusing the world's attention on the tiny principality.[47]

A 1962 amendment to the constitution abolished capital punishment, provided for women's suffrage and established a Supreme Court of Monaco to guarantee fundamental liberties. In 1963, a crisis developed when Charles de Gaulle blockaded Monaco, angered by its status as a tax haven for wealthy French citizens. The 2014 film Grace of Monaco is loosely based on this crisis.[48]

In 1993, the Principality of Monaco became a member of the United Nations, with full voting rights.[38][49]

21st century

 
View of Monaco in 2016

In 2002, a new treaty between France and Monaco specified that, should there be no heirs to carry on the Grimaldi dynasty, the principality would still remain an independent nation rather than revert to France. Monaco's military defense is still the responsibility of France.[50][51]

On 31 March 2005, Rainier III, who was too ill to exercise his duties, relinquished them to his only son and heir, Albert.[52] He died six days later, after a reign of 56 years, with his son succeeding him as Albert II, Sovereign Prince of Monaco. Following a period of official mourning, Prince Albert II formally assumed the princely crown on 12 July 2005,[53] in a celebration that began with a solemn Mass at Saint Nicholas Cathedral, where his father had been buried three months earlier. His accession to the Monégasque throne was a two-step event with a further ceremony, drawing heads of state for an elaborate reception, held on 18 November 2005, at the historic Prince's Palace in Monaco-Ville.[54] On 27 August 2015, Albert II apologised for Monaco's role during World War II in facilitating the deportation of a total of 90 Jews and resistance fighters, of whom only nine survived. "We committed the irreparable in handing over to the neighbouring authorities women, men and a child who had taken refuge with us to escape the persecutions they had suffered in France," Albert said at a ceremony in which a monument to the victims was unveiled at the Monaco cemetery. "In distress, they came specifically to take shelter with us, thinking they would find neutrality."[55]

In 2015, Monaco unanimously approved a modest land reclamation expansion intended primarily to accommodate desperately needed housing and a small green/park area.[56] Monaco had previously considered an expansion in 2008, but had called it off.[56] The plan is for about six hectares (15 acres) of apartment buildings, parks, shops and offices to a land value of about 1 billion euros.[57] The development will be adjacent to the Larvotto district and also will include a small marina.[57][58] There were four main proposals, and the final mix of use will be finalised as the development progresses.[59] The name for the new district is Anse du Portier.[58]

On 29 February 2020, Monaco announced its first case of COVID-19, a man who was admitted to the Princess Grace Hospital Centre then transferred to Nice University Hospital in France.[60][61]

On 3 September 2020, the first Monégasque satellite, OSM-1 CICERO, was launched into space from French Guiana, France aboard a Vega rocket.[62] The satellite was built in Monaco by Orbital Solutions Monaco.

 
Panoramic view of Monaco from the Tête de Chien (Dog's Head) high rock promontory

Government

 
Logo of the princely government of Monaco

Politics

Main article: Politics of Monaco

Monaco has been governed under a constitutional monarchy since 1911, with the Sovereign Prince of Monaco as head of state.[63] The executive branch consists of a Prime Minister as the head of government, who presides over the other five members of the Council of Government.[64] Until 2002, the Prime Minister was a French citizen appointed by the prince from among candidates proposed by the Government of France; since a constitutional amendment in 2002, the Prime Minister can be French or Monégasque.[28] On 1 September 2020, Prince Albert II appointed a French citizen, Pierre Dartout, to the office.[65]

Under the 1962 Constitution of Monaco, the prince shares his veto power with the unicameral National Council.[66] The 24 members of the National Council are elected for five-year terms; 16 are chosen through a majority electoral system and 8 by proportional representation.[67] All legislation requires the approval of the National Council. Following the 2023 Monegasque general election, all 24 seats are held by the pro-monarchist Monegasque National Union.[68] The principality's city affairs are directed by the Communal Council,[69] which consists of 14 elected members and is presided over by a mayor.[70] Georges Marsan has been mayor since 2003. Unlike the National Council, communal councillors are elected for four-year terms[71] and are strictly non-partisan; oppositions inside the council frequently form.[69][72]

Members of the judiciary of Monaco are appointed by the Sovereign Prince. Key positions within the judiciary are held by French magistrates, proposed by the Government of France. Monaco currently has three examining magistrates.[73]

Security

See also: Law enforcement in Monaco
 
Palace guards in Monaco

The wider defence of the nation is provided by France. Monaco has no navy or air force, but on both a per-capita and per-area basis, Monaco has one of the largest police forces (515 police officers for about 38,000 people) and police presences in the world.[74] Its police includes a special unit which operates patrol and surveillance boats jointly with the military. Police forces in Monaco are commanded by a French officer.[75]

There is also a small military force. This consists of a bodyguard unit for the prince and his palace in Monaco-Ville called the Compagnie des Carabiniers du Prince (Prince's Company of Carabiniers);[76] together with the militarised, armed fire and civil defence corps (Sapeurs-Pompiers) it forms Monaco's total forces.[77] The Compagnie des Carabiniers du Prince was created by Prince Honoré IV in 1817 for the protection of the principality and the princely family. The company numbers exactly 116 officers and men; while the non-commissioned officers and soldiers are local, the officers have generally served in the French Army. In addition to their guard duties as described, the carabiniers patrol the principality's beaches and coastal waters.[78]

Geography

See also: Land reclamation in Monaco
 
Satellite view of Monaco, with the France–Monaco border shown in yellow

Monaco is a sovereign city-state, with five quarters and ten wards,[79] located on the French Riviera in Western Europe. It is bordered by France's Alpes-Maritimes department on three sides, with one side bordering the Mediterranean Sea. Its centre is about 16 km (9.9 mi) from Italy and only 13 km (8.1 mi) northeast of Nice.[49]

It has an area of 2.1 km2 (0.81 sq mi), or 208 ha (510 acres), and a population of 38,400,[80] making Monaco the second-smallest and the most densely populated country in the world.[49] The country has a land border of only 5.47 km (3.40 mi),[80] a coastline of 3.83 km (2.38 mi), a maritime claim that extends 22.2 km (13.8 mi), and a width that varies between 1,700 and 349 m (5,577 and 1,145 ft).[81][82]

The highest point in the country is at the access to the Patio Palace residential building on the Chemin des Révoires (ward Les Révoires) from the D6007 (Moyenne Corniche street) at 164.4 m (539 ft) above sea level.[83] The lowest point in the country is the Mediterranean Sea.[84]

Saint-Jean brook is the longest flowing body of water, around 0.19 km (190 m; 0.12 mi; 620 ft) in length, and Fontvieille is the largest lake, approximately 0.5 ha (5,000 m2; 0 acres; 54,000 sq ft) in area.[85] Monaco's most populated quartier is Monte Carlo, and the most populated ward is Larvotto/Bas Moulins.[86]

After a recent[when?] expansion of Port Hercules,[87] Monaco's total area grew to 2.08 km2 (0.80 sq mi) or 208 ha (510 acres);[86] subsequently, new plans have been approved to extend the district of Fontvieille by 0.08 km2 (0.031 sq mi) or 8 ha (20 acres), with land reclaimed from the Mediterranean Sea. Land reclamation projects include extending the district of Fontvieille.[88][89][90][87][91] There are two ports in Monaco, Port Hercules and Port Fontvieille.[92] There is a neighbouring French port called Cap d'Ail that is near Monaco.[92] Monaco's only natural resource is fishing;[93] with almost the entire country being an urban area, Monaco lacks any sort of commercial agriculture industry.

 
Panoramic view of La Condamine and Monte Carlo

Administrative divisions

 
In the centre is La Condamine. At the right with the smaller harbour is Fontvieille, with The Rock (the old town, fortress, and Palace) jutting out between the two harbours. At the left are the high-rise buildings of La Rousse/Saint Roman.
 
Enlargeable, detailed map of Monaco

Monaco is the second-smallest country by area in the world; only Vatican City is smaller.[94] Monaco is the most densely populated country in the world.[95] The state consists of only one municipality (commune), the Municipality of Monaco. There is no geographical distinction between the State and City of Monaco, although responsibilities of the government (state-level) and of the municipality (city-level) are different.[65] According to the constitution of 1911, the principality was subdivided into three municipalities:[96]

The municipalities were merged into one in 1917,[97][how?] and they were accorded the status of Wards or Quartiers thereafter.

  • Fontvieille was added as a fourth ward, a newly constructed area claimed from the sea in the 1970s;
  • Moneghetti became the fifth ward, created from part of La Condamine;
  • Larvotto became the sixth ward, created from part of Monte Carlo;
  • La Rousse/Saint Roman (including Le Ténao) became the seventh ward, also created from part of Monte Carlo.

Subsequently, three additional wards were created, but then again were dissolved in 2013:

Most of Saint Michel became part of Monte Carlo again in 2013. La Colle and Les Révoires were merged the same year as part of a redistricting process, where they became part of the larger Jardin Exotique ward. An additional ward was planned by new land reclamation to be settled beginning in 2014[98] but Prince Albert II announced in his 2009 New Year Speech that he had ended plans due to the economic climate at the time.[99] Prince Albert II in mid-2010 firmly restarted the programme.[100][101] In 2015, a new development called Anse du Portier was announced.[58]

Traditional quarters and modern geographic areas

The four traditional quartiers of Monaco are Monaco-Ville, La Condamine, Monte Carlo and Fontvieille.[102] The suburb of Moneghetti, the high-level part of La Condamine, is generally seen today as an effective fifth Quartier of Monaco, having a very distinct atmosphere and topography when compared with low-level La Condamine.[103]

Wards

 
Wards of Monaco

For town planning purposes, a sovereign ordinance in 1966 divided the principality into reserved sectors, "whose current character must be preserved", and wards. The number and boundaries of these sectors and wards have been modified several times. The latest division dates from 2013 and created two reserved sectors and seven wards. A new 6-hectare district, Le Portier, is currently being built on the sea.

Wards Area
in m² in %
Reserved Sectors
Monaco-Ville Reserved Sectors 196,491 9,7 %
Ravin de Sainte-Dévote Reserved Sectors 23,485 1,2 %
Wards
La Condamine Quartier ordonnancé 295,843 14,6 %
Fontvieille Quartier ordonnancé 329,516 16,3 %
Larvotto Quartier ordonnancé 217,932 10,8 %
Jardin Exotique Quartier ordonnancé 234,865 11,6 %
Les Moneghetti Quartier ordonnancé 115,196 5,7 %
Monte-Carlo Quartier ordonnancé 436,760 21,5 %
La Rousse Quartier ordonnancé 176,888 8,7 %
Total 2,026,976 100,0 %

Note: for statistical purposes, the Wards of Monaco are further subdivided into 178 city blocks (îlots), which are comparable to the census blocks in the United States.[86]

  • Other possible expansions are Le Portier, a project relaunched in 2012[104]
  • Another possibility was Fontvieille II Development to commence in 2013[105][106]
 
Land reclamation in Monaco since 1861

Architecture

See also: Architecture of Monaco and Monaco villas

Monaco exhibits a wide range of architecture, but the principality's signature style, particularly in Monte Carlo, is that of the Belle Époque. It finds its most florid expression in the 1878–9 Casino and the Salle Garnier created by Charles Garnier and Jules Dutrou. Decorative elements include turrets, balconies, pinnacles, multi-coloured ceramics, and caryatids. These were blended to create a picturesque fantasy of pleasure and luxury, and an alluring expression of how Monaco sought and still seeks, to portray itself.[107] This capriccio of French, Italian, and Spanish elements were incorporated into hacienda villas and apartments. Following major development in the 1970s, Prince Rainier III banned high-rise development in the principality. His successor, Prince Albert II, overturned this Sovereign Order.[108] In recent years[when?] the accelerating demolition of Monaco's architectural heritage, including its single-family villas, has created dismay.[109] The principality has no heritage protection legislation.[110]

Climate

Monaco has a hot-summer Mediterranean climate (Köppen climate classification: Csa), with strong maritime influences, with some resemblances to the humid subtropical climate (Cfa). As a result, it has balmy warm, dry summers and mild, rainy winters. The winters are very mild considering the city's latitude, being as mild as locations located much further south in the Mediterranean Basin.[111] Cool and rainy interludes can interrupt the dry summer season, the average length of which is also shorter. Summer afternoons are infrequently hot (indeed, temperatures greater than 30 °C or 86 °F are rare) as the atmosphere is temperate because of constant sea breezes. On the other hand, the nights are very mild, due to the fairly high temperature of the sea in summer. Generally, temperatures do not drop below 20 °C (68 °F) in this season. In the winter, frosts and snowfalls are extremely rare and generally occur once or twice every ten years.[112][113] On 27 February 2018, both Monaco and Monte Carlo experienced snowfall.[114]

Climate data for Monaco (1981–2010 averages, extremes 1966–present)
Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
Record high °C (°F) 19.9
(67.8) 		23.2
(73.8) 		25.6
(78.1) 		26.2
(79.2) 		30.3
(86.5) 		32.5
(90.5) 		34.4
(93.9) 		34.5
(94.1) 		33.1
(91.6) 		29.0
(84.2) 		25.0
(77.0) 		22.3
(72.1) 		34.5
(94.1)
Average high °C (°F) 13.0
(55.4) 		13.0
(55.4) 		14.9
(58.8) 		16.7
(62.1) 		20.4
(68.7) 		23.7
(74.7) 		26.6
(79.9) 		26.9
(80.4) 		24.0
(75.2) 		20.6
(69.1) 		16.5
(61.7) 		13.9
(57.0) 		19.2
(66.6)
Daily mean °C (°F) 10.2
(50.4) 		10.2
(50.4) 		12.0
(53.6) 		13.8
(56.8) 		17.5
(63.5) 		20.9
(69.6) 		23.8
(74.8) 		24.2
(75.6) 		21.1
(70.0) 		17.9
(64.2) 		13.8
(56.8) 		11.2
(52.2) 		16.4
(61.5)
Average low °C (°F) 7.4
(45.3) 		7.4
(45.3) 		9.1
(48.4) 		10.9
(51.6) 		14.6
(58.3) 		18.0
(64.4) 		21.0
(69.8) 		21.4
(70.5) 		18.3
(64.9) 		15.2
(59.4) 		11.2
(52.2) 		8.5
(47.3) 		13.6
(56.5)
Record low °C (°F) −3.1
(26.4) 		−5.2
(22.6) 		−3.1
(26.4) 		3.8
(38.8) 		7.5
(45.5) 		9.0
(48.2) 		10.5
(50.9) 		12.4
(54.3) 		10.5
(50.9) 		6.5
(43.7) 		1.6
(34.9) 		−1.0
(30.2) 		−5.2
(22.6)
Average precipitation mm (inches) 67.7
(2.67) 		48.4
(1.91) 		41.2
(1.62) 		71.3
(2.81) 		49.0
(1.93) 		32.6
(1.28) 		13.7
(0.54) 		26.5
(1.04) 		72.5
(2.85) 		128.7
(5.07) 		103.2
(4.06) 		88.8
(3.50) 		743.6
(29.28)
Average precipitation days (≥ 1.0 mm) 6.0 4.9 4.5 7.3 5.5 4.1 1.7 2.5 5.1 7.3 7.1 6.5 62.4
Mean monthly sunshine hours 149.8 158.9 185.5 210.0 248.1 281.1 329.3 296.7 224.7 199.0 155.2 136.5 2,574.7
Source 1: Météo France[115]
Source 2: Monaco website (sun only)[116]
Climate data for Monaco
Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
Average sea temperature °C (°F) 13.4
(56.2) 		13.0
(55.5) 		13.4
(56.1) 		14.6
(58.4) 		18.0
(64.3) 		21.8
(71.3) 		23.1
(73.6) 		23.6
(74.4) 		22.2
(71.9) 		19.6
(67.2) 		17.4
(63.3) 		14.9
(58.9) 		17.9
(64.3)
Source: Weather Atlas[117]

Economy

Main article: Economy of Monaco
 
Fontvieille and its new harbour

Monaco has the world's highest GDP nominal per capita at US$185,742, GDP PPP per capita at $132,571 and GNI per capita at $183,150.[118][119][120] It also has an unemployment rate of 2%,[121] with over 48,000 workers who commute from France and Italy each day.[86] According to the CIA World Factbook, Monaco has the world's lowest poverty rate[122] and the highest number of millionaires and billionaires per capita in the world.[123] For the fourth year in a row, Monaco in 2012 had the world's most expensive real estate market, at $58,300 per square metre.[124][125][126] The world's most expensive apartment is located in Monaco, a penthouse at the Odeon Tower valued at $335 million according to Forbes in 2016.[127]

One of Monaco's main sources of income is tourism. Each year many foreigners are attracted to its casinos and pleasant climate.[82][128] It has also become a major banking center, holding over €100 billion worth of funds.[129] Banks in Monaco specialise in providing private banking, asset and wealth management services.[130] Monaco is the only place in Europe where credit card points are not redeemable. Hotel points are not able to be accumulated nor are transactions recorded, allowing for an increase in privacy that is sought by many of the locals. The principality has successfully sought to diversify its economic base into services and small, high-value-added, non-polluting industries, such as cosmetics.[failed verification][122]

The state retains monopolies in numerous sectors, including tobacco and the postal service. The telephone network (Monaco Telecom) used to be fully owned by the state. Its monopoly now comprises only 45%, while the remaining 55% is owned by Cable & Wireless Communications (49%) and Compagnie Monégasque de Banque (6%). Living standards are high, roughly comparable to those in prosperous French metropolitan areas.[131]

Monaco is not a member of the European Union, but very closely linked via a customs union with France. As such, its currency is the same as that of France, the euro. Before 2002, Monaco minted its own coins, the Monegasque franc. Monaco has acquired the right to mint euro coins with Monegasque designs on its national side.

Gambling industry

The plan for casino gambling was drafted during the reign of Florestan I in 1846. Under Louis-Philippe's petite-bourgeois regime a dignitary such as the Prince of Monaco was not allowed to operate a gambling house.[28] All this changed in the dissolute Second French Empire under Napoleon III. The House of Grimaldi was in dire need of money.

The towns of Menton and Roquebrune, which had been the main sources of income for the Grimaldi family for centuries, were now accustomed to a much-improved standard of living and lenient taxation thanks to the Sardinian intervention and clamoured for financial and political concession, even for separation. The Grimaldi family hoped the newly legal industry would help alleviate the difficulties they faced, above all the crushing debt the family had incurred, but Monaco's first casino would not be ready to operate until after Charles III assumed the throne in 1856.

The grantee of the princely concession (licence) was unable to attract enough business to sustain the operation and, after relocating the casino several times, sold the concession to French casino magnates François and Louis Blanc for 1.7 million francs.

The Blancs had already set up a highly successful casino (in fact the largest in Europe) in Bad-Homburg in the Grand Duchy of Hesse-Homburg, a small German principality comparable to Monaco, and quickly petitioned Charles III to rename a depressed seaside area known as "Les Spelugues (Den of Thieves)" to "Monte Carlo (Mount Charles)."[132] They then constructed their casino in the newly dubbed "Monte Carlo" and cleared out the area's less-than-savoury elements to make the neighbourhood surrounding the establishment more conducive to tourism.

The Blancs opened Le Grand Casino de Monte Carlo in 1858 and the casino benefited from the tourist traffic the newly built French railway system created.[133] Due to the combination of the casino and the railroads, Monaco finally recovered from the previous half-century of economic slump and the principality's success attracted other businesses.[134] In the years following the casino's opening, Monaco founded its Oceanographic Museum and the Monte Carlo Opera House, 46 hotels were built and the number of jewellers operating in Monaco increased by nearly five-fold. In an apparent effort to not overtax citizens, it was decreed that the Monégasque citizens were prohibited from entering the casino unless they were employees.[135] By 1869, the casino was making such a vast sum of money that the principality could afford to end tax collection from the Monegasques—a masterstroke that was to attract affluent residents from all over Europe in a policy that still exists today.

Today, Société des bains de mer de Monaco, which owns Le Grand Casino, still operates in the original building that the Blancs constructed and has since been joined by several other casinos, including the Le Casino Café de Paris, the Monte Carlo Sporting Club & Casino and the Sun Casino. The most recent[when?] addition in Monte Carlo is the Monte Carlo Bay Casino, which sits on 4 hectares of the Mediterranean Sea; among other things, it offers 145 slot machines, all equipped with "ticket-in, ticket-out" (TITO). It is the first Mediterranean casino to use this technology.[136]

Low taxes

Monaco has a 20% VAT plus high social-insurance taxes, payable by both employers and employees. The employers' contributions are between 28% and 40% (averaging 35%) of gross salary, including benefits, and employees pay a further 10% to 14% (averaging 13%).[137]

Monaco has never levied income tax on individuals,[88] and foreigners are thus able to use it as a "tax haven" from their own country's high taxes, because as an independent country, Monaco is not obliged to pay taxes to other countries.[138][139]

The absence of a personal income tax has attracted many wealthy "tax refugee" residents from European countries, who derive the majority of their income from activity outside Monaco. Celebrities, such as Formula One drivers, attract most of the attention but the vast majority are lesser-known business people.[140]

Per a bilateral treaty with France, French citizens who reside in Monaco must still pay income and wealth taxes to France.[141] The principality also actively discourages the registration of foreign corporations, charging a 33 per cent corporation tax on profits unless they can show that at least three-quarters of turnover is generated within Monaco. Unlike classic tax havens, Monaco does not offer offshore financial services.[88]

In 1998, the Centre for Tax Policy and Administration, part of the Organisation for Economic Co-operation and Development (OECD), issued a first report on the consequences of the financial systems of known tax havens.[142] Monaco did not appear in the list of these territories until 2004, when the OECD became indignant regarding the Monegasque situation and denounced it in a report, along with Andorra, Liechtenstein, Liberia, and the Marshall Islands. The report underlined Monaco's lack of co-operation regarding financial information disclosure and availability.[143][144] Later, Monaco overcame the OECD's objections and was removed from the "grey list" of uncooperative jurisdictions. In 2009, Monaco went a step further and secured a place on the "white list" after signing twelve information exchange treaties with other jurisdictions.[88]

In 2000, the Financial Action Task Force on Money Laundering (FATF) stated: "The anti-money laundering system in Monaco is comprehensive. Difficulties have been encountered with Monaco by countries in international investigations on serious crimes that appear to be linked also with tax matters. In addition, the FIU of Monaco (SICCFIN) suffers a great lack of adequate resources. The authorities of Monaco have stated that they will provide additional resources to SICCFIN."[145]

Also in 2000, a report by French Socialist MPs Arnaud Montebourg and Vincent Peillon stated that Monaco had relaxed policies with respect to money laundering including within its casino and that the Government of Monaco had been placing political pressure on the judiciary so that alleged crimes were not being properly investigated.[146] In its Progress Report of 2005, the International Monetary Fund (IMF) identified Monaco, along with 36 other territories, as a tax haven,[147] but in its FATF report of the same year it took a positive view of Monaco's measures against money-laundering.[148][149]

The Council of Europe also decided to issue reports naming tax havens. Twenty-two territories, including Monaco, were thus evaluated between 1998 and 2000 on a first round. Monaco was the only territory that refused to perform the second round, between 2001 and 2003, whereas the 21 other territories had planned to implement the third and final round, planned between 2005 and 2007.[150]

Numismatics

Main articles: Monégasque franc, Monégasque euro coins, and Euro gold and silver commemorative coins (Monaco)
 
1978 Monégasque franc coin with an effigy of Rainier III

Monaco issued its own coins in various devaluations connected to the écu already in the seventeenth century, but its first decimal coins of the Monégasque franc were issued in 1837 continued until 2001.

Although Monaco is not a European Union member, it is allowed to use the euro as its currency by arrangement with the Council of the European Union; it is also granted the right to use its own designs on the national side of the euro coins, which was introduced in 2002.[151] In preparation for this date, the minting of the new euro coins started as early as 2001. Like Belgium, Finland, France, the Netherlands, and Spain, Monaco decided to put the minting date on its coins. This is why the first euro coins from Monaco have the year 2001 on them, instead of 2002, like the other countries of the Eurozone that decided to put the year of first circulation (2002) on their coins.[152] Three different designs were selected for the Monégasque coins.[153] The design was changed in 2006 after Prince Rainier's death to feature the effigy of Prince Albert.[153]

Population

Population of Monaco by nationality

  French (28.4%)
  Monégasque (21.6%)
  Italian (18.7%)
  British (7.5%)
  Belgian (2.8%)
  German (2.5%)
  Swiss (2.5%)
  American (1.2%)
  Other (14.8%)

Demographics

Main article: Demographics of Monaco

Monaco's total population was 38,400 in 2015, and estimated by the United Nations to be 39,511 as of 1 July 2021.[154][155] Monaco's population is unusual in that the native Monégasques are a minority in their own country: the largest group are French nationals at 28.4%, followed by Monégasque (21.6%), Italian (18.7%), British (7.5%), Belgian (2.8%), German (2.5%), Swiss (2.5%) and U.S. nationals (1.2%).[156]

Citizens of Monaco, whether born in the country or naturalised, are called Monégasque. Monaco has the world's highest life expectancy at nearly 90 years.[157][158]

Language

Main article: Languages of Monaco
 
Street sign in French and Monégasque in Monaco-Ville

The main and official language of Monaco is French, while Italian is spoken by the principality's sizeable community from Italy. French and Italian are in fact more spoken in the principality today than Monégasque, its historic vernacular language. A dialect of Ligurian, Monégasque is not recognised as an official language; nevertheless, some signage appears in both French and Monégasque, and the language is taught in schools. English is also used.

Italian was the official language in Monaco until 1860, when it was replaced by French.[159] This was due to the annexation of the surrounding County of Nice to France following the Treaty of Turin (1860).[159]

The Grimaldi, princes of Monaco, are of Ligurian origin; thus, the traditional national language is Monégasque, a variety of Ligurian, now spoken by only a minority of residents and as a common second language by many native residents. In Monaco-Ville, street signs are printed in both French and Monégasque.[160][161]

Religion

Religion in Monaco according to the Global Religious Landscape survey by the Pew Forum, 2012[3]

  Christianity (86%)
  Unaffiliated (11.7%)
  Judaism (1.7%)
  Islam (0.4%)
  Other religions (0.2%)

Christianity

Christians comprise a total of 86% of Monaco's population.[3]

According to Monaco 2012 International Religious Freedom Report, Roman Catholic Christians are Monaco's largest religious group, followed by Protestant Christians. The Report states that there are two Protestant churches, an Anglican church and a Reformed church. There are also various other Evangelical Protestant communities that gather periodically.

Catholicism

Main article: Catholic Church in Monaco

The official religion is Catholicism, with freedom of other religions guaranteed by the constitution.[2] There are five Catholic parish churches in Monaco and one cathedral, which is the seat of the archbishop of Monaco.

The diocese, which has existed since the mid-19th century, was raised to a non-metropolitan archbishopric in 1981 as the Archdiocese of Monaco and remains exempt (i.e. immediately subject to the Holy See). The patron saint is Saint Devota.

Anglican Communion

There is one Anglican church (St Paul's Church), located in the Avenue de Grande Bretagne in Monte Carlo. The church was dedicated in 1925. In 2007 this had a formal membership of 135 Anglican residents in the principality but was also serving a considerably larger number of Anglicans temporarily in the country, mostly as tourists. The church site also accommodates an English-language library of over 3,000 books.[162] The church is part of the Anglican Diocese in Europe.

Reformed Church of Monaco

There is one Reformed church, which meets in a building located in Rue Louis Notari. The building dates from 1958–59. The church is affiliated with the United Protestant Church of France (Église Protestante Unie de France, EPUF), a group that incorporates the former Reformed Church of France (Église Réformée de France). Through this affiliation with EPUF, the church is part of the World Communion of Reformed Churches. The church acts as a host church to some other Christian communities, allowing them to use its building.

Charismatic Episcopal Church

The Monaco Parish of the Charismatic Episcopal Church (Parish of St Joseph) dates from 2017 and meets in the Reformed Church's Rue Louis Notari building.

Christian Fellowship

The Monaco Christian Fellowship, formed in 1996, meets in the Reformed Church's Rue Louis Notari building.

Greek Orthodoxy

Monaco's 2012 International Religious Freedom Report states that there is one Greek Orthodox church in Monaco.

Russian Orthodox

The Russian Orthodox Parish of the Holy Royal Martyrs meets in the Reformed Church's Rue Louis Notari building.

Judaism

The Association Culturelle Israélite de Monaco (founded in 1948) is a converted house containing a synagogue, a community Hebrew school, and a kosher food shop, located in Monte Carlo.[163] The community mainly consists of retirees from Britain (40%) and North Africa. Half of the Jewish population is Sephardic, mainly from North Africa, while the other half is Ashkenazi.[164]

Islam

The Muslim population of Monaco consists of about 280 people, most of whom are residents, not citizens.[165] The majority of the Muslim population of Monaco are Arabs, though there is a Turkish minority as well.[166] Monaco does not have any official mosques.[167]

Sports

Formula One

Main article: Monaco Grand Prix
 
Formation lap for the 1996 Monaco Grand Prix

Since 1929, the Monaco Grand Prix has been held annually in the streets of Monaco.[168] It is widely considered to be one of the most prestigious automobile races in the world. The erection of the Circuit de Monaco takes six weeks to complete and the removal after the race takes another three weeks.[168]

The circuit is narrow and tight and its tunnel, tight corners and many elevation changes make it perhaps the most demanding Formula One track.[169] Driver Nelson Piquet compared driving the circuit to "riding a bicycle around your living room".

Despite the challenging nature of the course it has only had two fatalities, Luigi Fagioli who died from injuries received in practice for the 1952 Monaco Grand Prix (run to sports car regulations that year, not Formula 1)[170] and Lorenzo Bandini, who crashed, burned and died three days later from his injuries in 1967.[171] Two other drivers had lucky escapes after they crashed into the harbour, the most famous being Alberto Ascari in the 1955 Monaco Grand Prix and Paul Hawkins, during the 1965 race.[168]

In 2020, the Monaco Grand Prix was cancelled for the first time since 1954 because of the global COVID-19 pandemic.

Monégasque Formula 1 drivers

There have been five Formula One drivers from Monaco:

Formula E

Starting in 2015 Formula E started racing biennially with the Historic Grand Prix of Monaco on the Monaco ePrix[172] and used a shorter configuration of the full Formula 1 circuit, keeping it around Port Hercules until 2021.

ROKiT Venturi Racing is the only motor racing team based in the principality, headquartered in Fontvieille.[173] The marque competes in Formula E and was one of the founding teams of the fully-electric championship. Managed by former racing drivers Susie Wolff (CEO) and Jérôme d'Ambrosio (Team Principal),[174] the outfit holds 16 podiums in the series to date including five victories. 1997 Formula One World Champion Jacques Villeneuve and eleven-time Formula One race winner Felipe Massa have raced for the team previously.[175][176] Ten-time Macau winner and 2021 vice World Champion Edoardo Mortara and Season 3 Formula E champion Lucas di Grassi currently race for the team.[177]

Monte Carlo Rally

Since 1911 part of the Monte Carlo Rally has been held in the principality, originally held at the behest of Prince Albert I. Like the Grand Prix, the rally is organised by Automobile Club de Monaco. It has long been considered to be one of the toughest and most prestigious events in rallying and from 1973 to 2008 was the opening round of the World Rally Championship (WRC).[178] From 2009 until 2011, the rally served as the opening round of the Intercontinental Rally Challenge.[179] The rally returned to the WRC calendar in 2012 and has been held annually since.[180] Due to Monaco's limited size, all but the ending of the rally is held on French territory.

Football

Main article: Football in Monaco

Monaco hosts two major football teams in the principality: the men's football club, AS Monaco FC, and the women's football club, OS Monaco. AS Monaco plays at the Stade Louis II and competes in Ligue 1, the first division of French football. The club is historically one of the most successful clubs in the French league, having won Ligue 1 eight times (most recently in 2016–17) and competed at the top level for all but six seasons since 1953. The club reached the 2004 UEFA Champions League Final, with a team that included Dado Pršo, Fernando Morientes, Jérôme Rothen, Akis Zikos and Ludovic Giuly, but lost 3–0 to Portuguese team FC Porto. French World Cup-winners Thierry Henry, Fabien Barthez, David Trezeguet, and Kylian Mbappe have played for the club. The Stade Louis II also played host to the annual UEFA Super Cup from 1998–2012 between the winners of the UEFA Champions League and the UEFA Europa League.

The women's team, OS Monaco, competes in the women's French football league system. The club plays in the local regional league, deep down in the league system. It once played in the Division 1 Féminine, in the 1994–95 season, but was quickly relegated.

The Monaco national football team represents the nation in association football and is controlled by the Monégasque Football Federation, the governing body for football in Monaco. Monaco is one of two sovereign states in Europe (along with the Vatican City) that is not a member of UEFA and so does not take part in any UEFA European Football Championship or FIFA World Cup competitions. They are instead affiliated with CONIFA, where they compete against other national teams that are not FIFA members. The team plays its home matches in the Stade Louis II.

Rugby

Main article: Rugby union in Monaco

Monaco's national rugby team, as of April 2019, is 101st in the World Rugby Rankings.[181]

Basketball

Multi-sport club AS Monaco owns AS Monaco Basket which was founded in 1928. They play in the top-tier European basketball league, the EuroLeague, and the French top flight, the LNB Pro A. They have three Pro A Leaders Cup, two Pro B (2nd-tier), and one NM1 (3rd-tier) championship. They play in Salle Gaston Médecin, which is part of Stade Louis II.

Professional boxing

Due in part to its position both as a tourist and gambling centre, Monaco has staged major professional boxing world title and non title fights from time to time; those include the Carlos Monzon versus Nino Benvenuti rematch,[182] Monzon's rematch with Emile Griffith,[183] Monzon's two classic fights with Rodrigo Valdes,[184][185] Davey Moore versus Wilfredo Benitez,[186] the double knockout-ending classic between Lee Roy Murphy and Chisanda Mutti (won by Murphy),[187] and Julio César Chávez, Sr. versus Rocky Lockridge.[188] All of the aforementioned contests took place at the first Stade Louis II or the second Stade Louis II stadiums.

Other sports

 
A view of the 2011 Monaco Porsche Supercup. Motor racing is very popular, with one course encompassing almost the whole country.

The Monte-Carlo Masters is held annually in neighbouring Roquebrune-Cap-Martin, France, as a professional tournament for men as part of tennis's ATP Masters Series.[189] The tournament has been held since 1897. Golf's Monte Carlo Open was also held at the Monte Carlo Golf Club at Mont Agel in France between 1984 and 1992.

Monaco has a national Davis Cup team, which plays in the European/African Zone.

Monaco has also competed in the Olympic Games, although, no athlete from Monaco has ever won an Olympic medal. At the Youth Olympic Winter Games, Monaco won a bronze medal in bobsleigh.

The 2009 Tour de France, the world's premier cycle race, started from Monaco with a 15 km (9 mi) closed-circuit individual time trial starting and finishing there on the first day, and the 182 km (113 mi) second leg starting there on the following day and ending in Brignoles, France.[190]

Monaco has also staged part of the Global Champions Tour (International Show-jumping).[191] In 2009, the Monaco stage of the Global Champions tour took place between 25 and 27 June.

The Monaco Marathon is the only marathon in the world to pass through three countries, those of Monaco, France and Italy, before the finish at the Stade Louis II.

The Monaco Ironman 70.3 triathlon race is an annual event with over 1,000 athletes competing and attracts top professional athletes from around the world. The race includes a 1.9 km (1.2 mi) swim, 90 km (56 mi) bike ride and 21.1 km (13.1 mi) run.

Since 1993, the headquarters of the International Association of Athletics Federations,[192] the world governing body of athletics, is located in Monaco.[193] An IAAF Diamond League meet is annually held at Stade Louis II.[194]

A municipal sports complex, the Rainier III Nautical Stadium in the Port Hercules district consists of a heated saltwater Olympic-size swimming pool, diving boards and a slide.[195] The pool is converted into an ice rink from December to March.[195]

In addition to Formula One, the Circuit de Monaco hosts several support series, including FIA Formula 2, Porsche Supercup and Formula Regional Europe.[196] It has in the past also hosted Formula Three and Formula Renault.

From 10 to 12 July 2014 Monaco inaugurated the Solar1 Monte Carlo Cup, a series of ocean races exclusively for solar-powered boats.[197],[198]

The women team of the chess club CE Monte Carlo won the European Chess Club Cup several times.

 
Panoramic view of Monaco City and the port of Fontvieille

Culture

Cuisine

Main article: Monégasque cuisine

The cuisine of Monaco is a Mediterranean cuisine shaped by the cooking style of Provence and the influences of nearby northern Italian and southern French cooking, in addition to Monaco's own culinary traditions.[199]

Music

Main article: Music of Monaco
 
Seaside façade of the Salle Garnier, home of the Opéra de Monte-Carlo

Monaco has an opera house, a symphony orchestra and a classical ballet company. Monaco participated regularly in the Eurovision Song Contest between 1959–1979 and 2004–2006, winning in 1971, although none of the artists participating for the principality was originally Monegasque.

Visual arts

Monaco has a national museum of contemporary visual art at the New National Museum of Monaco. In 1997, the Audiovisual Institute of Monaco was founded aimed to preserve audiovisual archives and show how the Principality of Monaco is represented in cinema. The country also has numerous works of public art, statues, museums, and memorials (see list of public art in Monaco).

Prince Albert of Monaco visited the Sassi di Matera on 22 April 2022, exploring the ancient districts.[200]

Museums in Monaco

Main article: List of museums in Monaco

Events, festivals and shows

The Principality of Monaco hosts major international events such as :

Bread Festival

Monaco also has an annual bread festival on 17 September every year.[201]

Education

Primary and secondary schools

Monaco has ten state-operated schools, including: seven nursery and primary schools; one secondary school, Collège Charles III;[202] one lycée that provides general and technological training, Lycée Albert 1er;[203] and one lycée that provides vocational and hotel training, Lycée technique et hôtelier de Monte-Carlo.[204] There are also two grant-aided denominational private schools, Institution François d'Assise Nicolas Barré and Ecole des Sœurs Dominicaines, and one international school, the International School of Monaco,[205][206] founded in 1994.[207]

Colleges and universities

There is one university located in Monaco, namely the International University of Monaco (IUM), an English-language university specialising in business education and operated by the Institut des hautes études économiques et commerciales (INSEEC) group.

Flag

Main article: Flag of Monaco
 
Monaco's flag and its coat of arms

The flag of Monaco is one of the world's oldest national flag designs.[208] Adopted by Monaco on 4 April 1881, it is almost identical to the flag of Indonesia (The flag "Sang Saka Merah Putih" is an old flag from the Indonesian kingdom Majapahit in the 13th century, and also adopted by modern Indonesia) except for the ratio of height to width.[209]

Transport

Main article: Transport in Monaco
Further information: Rail transport in Monaco

The Monaco-Monte Carlo station is served by the SNCF, the French national rail system. The Monaco Heliport provides helicopter service to the closest airport, Côte d'Azur Airport in Nice, France.

The Monaco bus company (CAM) covers all the tourist attractions, museums, Exotic garden, business centres, and the Casino or the Louis II Stadium.[210]

Relations with other countries

Main article: Foreign relations of Monaco
Further information: France–Monaco relations, Monaco–European Union relations, Monaco–Russia relations, and Monaco–United States relations
 
The Rock of Monaco in 1890

Monaco is so old that it has outlived many of the nations and institutions that it has had relations with. The Crown of Aragon and Republic of Genoa became a part of other countries, as did the Kingdom of Sardinia. Honoré II, Prince of Monaco secured recognition of his independent sovereignty from Spain in 1633, and then from Louis XIII of France by the Treaty of Péronne (1641).

Monaco made a special agreement with France in 1963 in which French customs laws apply in Monaco and its territorial waters.[141] Monaco uses the euro but is not a member of the European Union.[141] Monaco shares a 6 km (3.7 mi) border with France but also has about 2 km (1.2 mi) of coastline with the Mediterranean sea.[211] Two important agreements that support Monaco's independence from France include the Franco-Monégasque Treaty of 1861 and the French Treaty of 1918 (see also Kingdom of Sardinia). The United States CIA Factbook records 1419 as the year of Monaco's independence.[211]

 
Embassy of Monaco, Paris, France

There are two embassies in Monaco: those of France and Italy.[212] There are about another 30 or so consulates.[212] By the 21st century Monaco maintained embassies in Belgium (Brussels), France (Paris), Germany (Berlin), the Vatican, Italy (Rome), Portugal (Lisbon),[213] Spain (Madrid), Switzerland (Bern), United Kingdom (London) and the United States (Washington).[212]

As of 2000 nearly two-thirds of the residents of Monaco were foreigners.[214] In 2015 the immigrant population was estimated at 60%[211] It is reported to be difficult to gain citizenship in Monaco, or at least in relative number there are not many people who do so. In 2015 an immigration rate of about 4 people per 1,000 was noted, or about 100–150 people a year.[215] The population of Monaco went from 35,000 in 2008 to 36,000 in 2013, and of that about 20 percent were native Monegasque[216] (see also Nationality law of Monaco).

A recurring issue Monaco encounters with other countries is the attempt by foreign nationals to use Monaco to avoid paying taxes in their own country.[211] Monaco actually collects a number of taxes including a 20% VAT and 33% on companies unless they make over 75% of their income inside Monaco.[211] Monaco does not allow dual citizenship but does have multiple paths to citizenship including by declaration and naturalisation.[217] In many cases the key issue for obtaining citizenship, rather than attaining residency in Monaco, is the person's ties to their departure country.[217] For example, French citizens must still pay taxes to France even if they live full-time in Monaco unless they resided in the country before 1962 for at least 5 years.[217] In the early 1960s there was some tension between France and Monaco over taxation.[218]

There are no border formalities entering or leaving France. For visitors, a souvenir passport stamp is available on request at Monaco's tourist office. This is located on the far side of the gardens that face the Casino.

See also

Notes

  1. ^ French: Principauté de Monaco
    Monégasque: Prinçipatu de Mu̍negu
    Ligurian: Prinçipato di Mónego
    Occitan: Principat de Mónegue
    Italian: Principato di Monaco
  2. ^ For further information, see languages of Monaco.
  3. ^ Monetary agreement with the EU to issue euros.
  4. ^ Although not a contracting party to the Schengen Agreement, has an open border with France and Schengen laws are administered as if it were a part of France.[223][224]
  5. ^ Through an agreement with France.[225]
  6. ^ Through an agreement with France. Part of the EU Customs territory, administered as part of France.[223][226][227][228]
  7. ^ Also part of the EU excise territory.[228]
  8. ^ Through an agreement with France. Administered as a part of France for taxation purposes.[221][223][228][229]

References

  1. ^ . Council of Government. Archived from the original on 22 July 2011. Retrieved 22 May 2008.
  2. ^ a b at the Wayback Machine (archived 27 September 2011) (French): Art. 9., Principaute De Monaco: Ministère d'Etat (archived from the original on 27 September 2011).
  3. ^ a b c (PDF). Pewforum.org. Archived from the original (PDF) on 25 January 2017. Retrieved 2 October 2015.
  4. ^ (PDF). Archived from the original on 15 November 2009. Retrieved 15 November 2009.{{cite web}}: CS1 maint: bot: original URL status unknown (link), Principauté de Monaco. Retrieved 7 June 2010.
  5. ^ "Population on 1 January and is one of the smallest country. It is 2nd most smallest country". ec.europa.eu/eurostat. Eurostat. from the original on 5 February 2020. Retrieved 4 February 2020.
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External links

Government
  • Official Government Portal
  • Official website of the Prince's Palace of Monaco
  • Chief of State and Cabinet Members 7 March 2017 at the Wayback Machine
  • Monaco Statistics Pocket – Edition 2014
General information
  • Monaco. The World Factbook. Central Intelligence Agency.
  • from UCB Libraries GovPubs
  • Monaco at Curlie
  • Monaco from the BBC News
  • MonacoDailyNews – Latest Daily News 6 October 2020 at the Wayback Machine English-language Monaco news source and publisher of daily newsletter Good Morning Monaco.
  • Monaco information about Monaco
  • History of Monaco: Primary documents
  •   Wikimedia Atlas of Monaco
  •   Geographic data related to Monaco at OpenStreetMap
  • Google Earth view
Travel
  • Official website for Tourism
Other
  • Order of the doctors of Monaco (in French)
  • Monacolife.net English news portal
  • The Monaco Times – a regular feature in The Riviera Times is the English language newspaper for the French – Italian Riviera and the Principality of Monaco provides monthly local news and information about the business, art and culture, people and lifestyle, events and also the real estate market.
  • Monaco-IQ Monaco information and news aggregator

April 11, 2023
monaco, this, article, about, city, state, other, uses, disambiguation, listen, french, pronunciation, mɔnako, officially, principality, sovereign, city, state, microstate, french, riviera, kilometres, west, italian, region, liguria, western, europe, mediterra. This article is about the city state For other uses see Monaco disambiguation Monaco ˈ m ɒ n e k oʊ listen French pronunciation mɔnako officially the Principality of Monaco a is a sovereign city state and microstate on the French Riviera a few kilometres west of the Italian region of Liguria in Western Europe on the Mediterranean Sea It is bordered by France to the north east and west The principality is home to 38 682 residents 11 of whom 9 486 are Monegasque nationals 12 it is widely recognised as one of the most expensive and wealthiest places in the world 13 14 The official language of the principality is French In addition Monegasque a dialect of Ligurian English and Italian are spoken and understood by many residents b Principality of MonacoPrincipaute de Monaco French Principatu de Mu negu Ligurian Principato di Monaco Italian Flag Coat of armsMotto Deo Juvante Latin English With God s Help Anthem Hymne Monegasque English Hymn of Monaco source source track track track track track track Location of Monaco green in Europe green amp dark grey CapitalMonaco city state 43 43 52 N 07 25 12 E 43 73111 N 7 42000 E 43 73111 7 42000 Coordinates 43 43 52 N 07 25 12 E 43 73111 N 7 42000 E 43 73111 7 42000Largest quarterMonte CarloOfficial languagesFrench 1 Common languagesItalianLigurianEthnic groupsMonegasquesFrenchItaliansOccitansReligion86 0 Christianity 80 9 Roman Catholic official 2 5 1 Other Christian11 7 No religion1 7 Judaism0 6 Others 3 Demonym s MonegasqueMonacan c GovernmentUnitary parliamentary semi constitutional monarchy MonarchAlbert II Prime MinisterPierre DartoutLegislatureNational CouncilIndependence House of Grimaldi under the sovereignty of the Republic of Genoa 8 January 1297 from the French Empire17 May 1814 from occupation of the Sixth Coalition17 June 1814 Franco Monegasque Treaty2 February 1861 Constitution5 January 1911Area Total2 02 km2 0 78 sq mi 194th Water negligible 4 Population 2019 estimate38 300 5 190th 2016 census37 308 6 Density18 713 km2 48 466 4 sq mi 1st GDP PPP 2015 estimate Total 7 672 billion 2015 est 7 168th Per capita 115 700 2015 est 7 3rd GDP nominal 2019 b estimate Total 7 424 billion 8 159th Per capita 190 513 9 2nd CurrencyEuro EUR Time zoneUTC 1 CET Summer DST UTC 2 CEST Date formatdd mm yyyyDriving sideright 10 Calling code 377ISO 3166 codeMCInternet TLD mc Government offices are located in the Monaco Ville quarter GDP per capita calculations include non resident workers from France and Italy Monacan is the term for residents With an area of 2 1 km2 0 81 sq mi it is the second smallest sovereign state in the world after Vatican City Its 19 009 inhabitants km2 49 230 sq mi make it the most densely populated sovereign state in the world Monaco has a land border of 5 47 km 3 40 mi and the world s shortest coastline of approximately 3 83 km 2 38 mi 15 it has a width that varies between 1 700 and 349 m 5 577 and 1 145 ft The highest point in the state is a narrow pathway named Chemin des Revoires on the slopes of Mont Agel in the Les Revoires ward which is 161 m 528 ft above sea level The principality is about 15 km 9 3 mi from the border with Italy 16 Its most populous ward is Larvotto Bas Moulins with a population of 5 443 as of 2008 Through land reclamation Monaco s land mass has expanded by 20 percent In 2005 it had an area of only 1 974 km2 0 762 sq mi The principality is governed under a form of constitutional monarchy with Prince Albert II as head of state who wields immense political power despite his constitutional status The prime minister who is the head of government can be either a Monegasque or a French citizen the monarch consults with the Government of France before an appointment Key members of the judiciary in Monaco are detached French magistrates 17 The House of Grimaldi has ruled Monaco with brief interruptions since 1297 18 The state s sovereignty was officially recognised by the Franco Monegasque Treaty of 1861 with Monaco becoming a full United Nations voting member in 1993 Despite Monaco s independence and separate foreign policy its defence is the responsibility of France besides maintenance of two small military units Economic development was spurred in the late 19th century with the opening of the state s first casino the Monte Carlo Casino and a railway connection to Paris 19 Since then Monaco s mild climate scenery and gambling facilities have contributed to the principality s status as a tourist destination and recreation centre for the rich In more recent years Monaco has become a major banking centre and has sought to diversify its economy into the services sector and small high value added non polluting industries Monaco is famous as a tax haven the principality has no personal income tax except for French citizens and low business taxes Over 30 of the residents are millionaires 20 with real estate prices reaching 100 000 116 374 per square metre in 2018 Monaco is not formally a part of the European Union EU but it participates in certain EU policies including customs and border controls Through its relationship with France Monaco uses the euro as its sole currency before it used the Monegasque franc which was pegged and exchangeable with the French franc until 1 January 2002 Monaco joined the Council of Europe in 2004 and is a member of the Organisation internationale de la Francophonie OIF It is also the host of the annual street circuit motor race the Monaco Grand Prix one of the original Grands Prix of Formula One The local motorsports association gives name to the Monte Carlo Rally hosted in January in the French Alps The principality has a club football team AS Monaco which competes in the French Ligue 1 and have become French champions on multiple occasions and a basketball team which plays in the EuroLeague A centre of research into marine conservation Monaco is home to one of the world s first protected marine habitats 21 an Oceanographic Museum and the International Atomic Energy Agency Environment Labs which is the only marine laboratory in the United Nations structure 22 Contents 1 History 1 1 Arrival of the Grimaldi family 1 2 1400 1800 1 3 19th century 1 4 20th century 1 5 21st century 2 Government 2 1 Politics 2 2 Security 3 Geography 3 1 Administrative divisions 3 1 1 Traditional quarters and modern geographic areas 3 1 2 Wards 3 2 Architecture 4 Climate 5 Economy 5 1 Gambling industry 5 2 Low taxes 5 3 Numismatics 6 Population 6 1 Demographics 6 2 Language 7 Religion 7 1 Christianity 7 1 1 Catholicism 7 1 2 Anglican Communion 7 1 3 Reformed Church of Monaco 7 1 4 Charismatic Episcopal Church 7 1 5 Christian Fellowship 7 1 6 Greek Orthodoxy 7 1 7 Russian Orthodox 7 2 Judaism 7 3 Islam 8 Sports 8 1 Formula One 8 2 Monegasque Formula 1 drivers 8 3 Formula E 8 4 Monte Carlo Rally 8 5 Football 8 6 Rugby 8 7 Basketball 8 8 Professional boxing 8 9 Other sports 9 Culture 9 1 Cuisine 9 2 Music 9 3 Visual arts 9 4 Museums in Monaco 9 5 Events festivals and shows 9 6 Bread Festival 10 Education 10 1 Primary and secondary schools 10 2 Colleges and universities 11 Flag 12 Transport 13 Relations with other countries 14 See also 15 Notes 16 References 17 External linksHistory EditMain article History of Monaco Monaco s name comes from the nearby 6th century BC Phocaean Greek colony Referred to by the Ligurians as Monoikos from the Greek monoikos single house from monos monos alone single 23 oἶkos oikos house 24 According to an ancient myth Hercules passed through the Monaco area and turned away the previous gods 25 As a result a temple was constructed there Because this House of Hercules was the only temple in the area the city was called Monoikos 26 27 It ended up in the hands of the Holy Roman Empire which gave it to the Genoese An ousted branch of a Genoese family the Grimaldi contested it for a hundred years before actually gaining control Though the Republic of Genoa would last until the 19th century they allowed the Grimaldi family to keep Monaco and likewise both France and Spain left it alone for hundreds of years France did not annex it until the French Revolution but after the defeat of Napoleon it was put under the care of the Kingdom of Sardinia In the 19th century when Sardinia became a part of Italy the region came under French influence but France allowed it to remain independent Like France Monaco was overrun by the Axis powers during the Second World War and for a short time was administered by Italy then the Third Reich before finally being liberated Although the occupation lasted for just a short time it resulted in the deportation of the Jewish population and execution of several resistance members from Monaco Since then Monaco has been independent It has taken some steps towards integration with the European Union Arrival of the Grimaldi family Edit Rainier I victor of the naval battle at Zierikzee and first sovereign Grimaldi ruler of Monaco Following a grant of land from Emperor Henry VI in 1191 Monaco was refounded in 1215 as a colony of Genoa 28 29 Monaco was first ruled by a member of the House of Grimaldi in 1297 when Francesco Grimaldi known as Malizia translated from Italian either as The Malicious One or The Cunning One and his men captured the fortress protecting the Rock of Monaco while dressed as Franciscan friars a monaco in Italian although this is a coincidence as the area was already known by this name 30 Francesco was evicted a few years later by the Genoese forces and the struggle over the Rock continued for another century 31 The Grimaldi family was Genoese and the struggle was something of a family feud The Genoese engaged in other conflicts and in the late 1300s Genoa lost Monaco after fighting the Crown of Aragon over Corsica 32 Aragon eventually became part of a united Spain and other parts of the land grant came to be integrated piecemeal into other states Between 1346 and 1355 Monaco annexed the towns of Menton and Roquebrune increasing its territory by almost ten times 32 1400 1800 Edit Monaco as part of the Republic of Genoa in 1494 In 1419 the Grimaldi family purchased Monaco from the Crown of Aragon and became the official and undisputed rulers of the Rock of Monaco In 1612 Honore II began to style himself Prince of Monaco 33 In the 1630s he sought French protection against the Spanish forces and in 1642 was received at the court of Louis XIII as a duc et pair etranger 34 The princes of Monaco thus became vassals of the French kings while at the same time remaining sovereign princes 35 Though successive princes and their families spent most of their lives in Paris and intermarried with French and Italian nobilities the House of Grimaldi is Italian The principality continued its existence as a protectorate of France until the French Revolution 36 19th century Edit Map of the French annexation in 1860 In 1793 Revolutionary forces captured Monaco and until 1814 it was occupied by the French in this period much of Europe had been overrun by the French armies under the command of Napoleon Bonaparte 34 37 The principality was reestablished in 1814 under the Grimaldis only to be designated a protectorate of the Kingdom of Sardinia by the Congress of Vienna in 1815 37 Monaco remained in this position until 1860 when by the Treaty of Turin the Sardinian forces pulled out of the principality the surrounding County of Nice as well as Savoy was ceded to France 38 Monaco became a French protectorate once again Before this time there was unrest in Menton and Roquebrune where the townspeople had become weary of heavy taxation by the Grimaldi family They declared their independence hoping for annexation by Sardinia France protested The unrest continued until Charles III of Monaco gave up his claim to the two mainland towns some 95 of the principality at the time that had been ruled by the Grimaldi family for over 500 years 39 These were ceded to France in return for 4 100 000 francs 40 The transfer and Monaco s sovereignty were recognised by the Franco Monegasque Treaty of 1861 In 1869 the principality stopped collecting income tax from its residents an indulgence the Grimaldi family could afford to entertain thanks solely to the extraordinary success of the casino 41 This made Monaco not only a playground for the rich but a favoured place for them to live 42 20th century Edit The Mayor of Monaco announcing concessions ending the absolute monarchy of Prince Albert I in 1910 Until the Monegasque Revolution of 1910 forced the adoption of the 1911 Constitution of Monaco the princes of Monaco were absolute rulers 43 The new constitution slightly reduced the autocratic rule of the Grimaldi family and Prince Albert I soon suspended it during the First World War In July 1918 a new Franco Monegasque Treaty was signed providing for limited French protection over Monaco The treaty endorsed in 1919 by the Treaty of Versailles established that Monegasque international policy would be aligned with French political military and economic interests It also resolved the Monaco succession crisis The marriage of actress Grace Kelly to Prince Rainier III brought media attention to the principality In 1943 the Italian Army invaded and occupied Monaco forming a fascist administration 44 In September 1943 after Mussolini s fall from power the German Wehrmacht occupied Italy and Monaco and the Nazi deportation of the Jewish population began Rene Blum the prominent French Jew who founded the Ballet de l Opera in Monte Carlo was arrested in his Paris home and held in the Drancy deportation camp outside the French capital before being transported to Auschwitz where he was later murdered 45 Blum s colleague Raoul Gunsbourg the director of the Opera de Monte Carlo helped by the French Resistance escaped arrest and fled to Switzerland 46 In August 1944 the Germans executed Rene Borghini Joseph Henri Lajoux and Esther Poggio who were Resistance leaders Rainier III succeeded to the throne on the death of his grandfather Prince Louis II in 1949 and then ruled until 2005 On 19 April 1956 Prince Rainier married the American actress Grace Kelly an event that was widely televised and covered in the popular press focusing the world s attention on the tiny principality 47 A 1962 amendment to the constitution abolished capital punishment provided for women s suffrage and established a Supreme Court of Monaco to guarantee fundamental liberties In 1963 a crisis developed when Charles de Gaulle blockaded Monaco angered by its status as a tax haven for wealthy French citizens The 2014 film Grace of Monaco is loosely based on this crisis 48 In 1993 the Principality of Monaco became a member of the United Nations with full voting rights 38 49 21st century Edit View of Monaco in 2016 In 2002 a new treaty between France and Monaco specified that should there be no heirs to carry on the Grimaldi dynasty the principality would still remain an independent nation rather than revert to France Monaco s military defense is still the responsibility of France 50 51 On 31 March 2005 Rainier III who was too ill to exercise his duties relinquished them to his only son and heir Albert 52 He died six days later after a reign of 56 years with his son succeeding him as Albert II Sovereign Prince of Monaco Following a period of official mourning Prince Albert II formally assumed the princely crown on 12 July 2005 53 in a celebration that began with a solemn Mass at Saint Nicholas Cathedral where his father had been buried three months earlier His accession to the Monegasque throne was a two step event with a further ceremony drawing heads of state for an elaborate reception held on 18 November 2005 at the historic Prince s Palace in Monaco Ville 54 On 27 August 2015 Albert II apologised for Monaco s role during World War II in facilitating the deportation of a total of 90 Jews and resistance fighters of whom only nine survived We committed the irreparable in handing over to the neighbouring authorities women men and a child who had taken refuge with us to escape the persecutions they had suffered in France Albert said at a ceremony in which a monument to the victims was unveiled at the Monaco cemetery In distress they came specifically to take shelter with us thinking they would find neutrality 55 In 2015 Monaco unanimously approved a modest land reclamation expansion intended primarily to accommodate desperately needed housing and a small green park area 56 Monaco had previously considered an expansion in 2008 but had called it off 56 The plan is for about six hectares 15 acres of apartment buildings parks shops and offices to a land value of about 1 billion euros 57 The development will be adjacent to the Larvotto district and also will include a small marina 57 58 There were four main proposals and the final mix of use will be finalised as the development progresses 59 The name for the new district is Anse du Portier 58 On 29 February 2020 Monaco announced its first case of COVID 19 a man who was admitted to the Princess Grace Hospital Centre then transferred to Nice University Hospital in France 60 61 On 3 September 2020 the first Monegasque satellite OSM 1 CICERO was launched into space from French Guiana France aboard a Vega rocket 62 The satellite was built in Monaco by Orbital Solutions Monaco Panoramic view of Monaco from the Tete de Chien Dog s Head high rock promontoryGovernment Edit Logo of the princely government of Monaco Politics Edit Main article Politics of Monaco Albert II Prince of Monaco Monaco has been governed under a constitutional monarchy since 1911 with the Sovereign Prince of Monaco as head of state 63 The executive branch consists of a Prime Minister as the head of government who presides over the other five members of the Council of Government 64 Until 2002 the Prime Minister was a French citizen appointed by the prince from among candidates proposed by the Government of France since a constitutional amendment in 2002 the Prime Minister can be French or Monegasque 28 On 1 September 2020 Prince Albert II appointed a French citizen Pierre Dartout to the office 65 Under the 1962 Constitution of Monaco the prince shares his veto power with the unicameral National Council 66 The 24 members of the National Council are elected for five year terms 16 are chosen through a majority electoral system and 8 by proportional representation 67 All legislation requires the approval of the National Council Following the 2023 Monegasque general election all 24 seats are held by the pro monarchist Monegasque National Union 68 The principality s city affairs are directed by the Communal Council 69 which consists of 14 elected members and is presided over by a mayor 70 Georges Marsan has been mayor since 2003 Unlike the National Council communal councillors are elected for four year terms 71 and are strictly non partisan oppositions inside the council frequently form 69 72 Members of the judiciary of Monaco are appointed by the Sovereign Prince Key positions within the judiciary are held by French magistrates proposed by the Government of France Monaco currently has three examining magistrates 73 Security Edit See also Law enforcement in Monaco Palace guards in Monaco The wider defence of the nation is provided by France Monaco has no navy or air force but on both a per capita and per area basis Monaco has one of the largest police forces 515 police officers for about 38 000 people and police presences in the world 74 Its police includes a special unit which operates patrol and surveillance boats jointly with the military Police forces in Monaco are commanded by a French officer 75 There is also a small military force This consists of a bodyguard unit for the prince and his palace in Monaco Ville called the Compagnie des Carabiniers du Prince Prince s Company of Carabiniers 76 together with the militarised armed fire and civil defence corps Sapeurs Pompiers it forms Monaco s total forces 77 The Compagnie des Carabiniers du Prince was created by Prince Honore IV in 1817 for the protection of the principality and the princely family The company numbers exactly 116 officers and men while the non commissioned officers and soldiers are local the officers have generally served in the French Army In addition to their guard duties as described the carabiniers patrol the principality s beaches and coastal waters 78 Geography EditSee also Land reclamation in Monaco Satellite view of Monaco with the France Monaco border shown in yellow Monaco is a sovereign city state with five quarters and ten wards 79 located on the French Riviera in Western Europe It is bordered by France s Alpes Maritimes department on three sides with one side bordering the Mediterranean Sea Its centre is about 16 km 9 9 mi from Italy and only 13 km 8 1 mi northeast of Nice 49 It has an area of 2 1 km2 0 81 sq mi or 208 ha 510 acres and a population of 38 400 80 making Monaco the second smallest and the most densely populated country in the world 49 The country has a land border of only 5 47 km 3 40 mi 80 a coastline of 3 83 km 2 38 mi a maritime claim that extends 22 2 km 13 8 mi and a width that varies between 1 700 and 349 m 5 577 and 1 145 ft 81 82 The highest point in the country is at the access to the Patio Palace residential building on the Chemin des Revoires ward Les Revoires from the D6007 Moyenne Corniche street at 164 4 m 539 ft above sea level 83 The lowest point in the country is the Mediterranean Sea 84 Saint Jean brook is the longest flowing body of water around 0 19 km 190 m 0 12 mi 620 ft in length and Fontvieille is the largest lake approximately 0 5 ha 5 000 m2 0 acres 54 000 sq ft in area 85 Monaco s most populated quartier is Monte Carlo and the most populated ward is Larvotto Bas Moulins 86 After a recent when expansion of Port Hercules 87 Monaco s total area grew to 2 08 km2 0 80 sq mi or 208 ha 510 acres 86 subsequently new plans have been approved to extend the district of Fontvieille by 0 08 km2 0 031 sq mi or 8 ha 20 acres with land reclaimed from the Mediterranean Sea Land reclamation projects include extending the district of Fontvieille 88 89 90 87 91 There are two ports in Monaco Port Hercules and Port Fontvieille 92 There is a neighbouring French port called Cap d Ail that is near Monaco 92 Monaco s only natural resource is fishing 93 with almost the entire country being an urban area Monaco lacks any sort of commercial agriculture industry Panoramic view of La Condamine and Monte Carlo Administrative divisions Edit In the centre is La Condamine At the right with the smaller harbour is Fontvieille with The Rock the old town fortress and Palace jutting out between the two harbours At the left are the high rise buildings of La Rousse Saint Roman Enlargeable detailed map of Monaco Monaco is the second smallest country by area in the world only Vatican City is smaller 94 Monaco is the most densely populated country in the world 95 The state consists of only one municipality commune the Municipality of Monaco There is no geographical distinction between the State and City of Monaco although responsibilities of the government state level and of the municipality city level are different 65 According to the constitution of 1911 the principality was subdivided into three municipalities 96 Monaco Ville the old city and seat of government of the principality on a rocky promontory extending into the Mediterranean known as the Rock of Monaco or simply The Rock Monte Carlo the principal residential and resort area with the Monte Carlo Casino in the east and northeast La Condamine the southwestern section including the port area Port Hercules The municipalities were merged into one in 1917 97 how and they were accorded the status of Wards or Quartiers thereafter Fontvieille was added as a fourth ward a newly constructed area claimed from the sea in the 1970s Moneghetti became the fifth ward created from part of La Condamine Larvotto became the sixth ward created from part of Monte Carlo La Rousse Saint Roman including Le Tenao became the seventh ward also created from part of Monte Carlo Subsequently three additional wards were created but then again were dissolved in 2013 Saint Michel created from part of Monte Carlo La Colle created from part of La Condamine Les Revoires also created from part of La Condamine Most of Saint Michel became part of Monte Carlo again in 2013 La Colle and Les Revoires were merged the same year as part of a redistricting process where they became part of the larger Jardin Exotique ward An additional ward was planned by new land reclamation to be settled beginning in 2014 98 but Prince Albert II announced in his 2009 New Year Speech that he had ended plans due to the economic climate at the time 99 Prince Albert II in mid 2010 firmly restarted the programme 100 101 In 2015 a new development called Anse du Portier was announced 58 Traditional quarters and modern geographic areas Edit The four traditional quartiers of Monaco are Monaco Ville La Condamine Monte Carlo and Fontvieille 102 The suburb of Moneghetti the high level part of La Condamine is generally seen today as an effective fifth Quartier of Monaco having a very distinct atmosphere and topography when compared with low level La Condamine 103 Wards Edit Wards of Monaco For town planning purposes a sovereign ordinance in 1966 divided the principality into reserved sectors whose current character must be preserved and wards The number and boundaries of these sectors and wards have been modified several times The latest division dates from 2013 and created two reserved sectors and seven wards A new 6 hectare district Le Portier is currently being built on the sea Wards Areain m in Reserved SectorsMonaco Ville Reserved Sectors 196 491 9 7 Ravin de Sainte Devote Reserved Sectors 23 485 1 2 WardsLa Condamine Quartier ordonnance 295 843 14 6 Fontvieille Quartier ordonnance 329 516 16 3 Larvotto Quartier ordonnance 217 932 10 8 Jardin Exotique Quartier ordonnance 234 865 11 6 Les Moneghetti Quartier ordonnance 115 196 5 7 Monte Carlo Quartier ordonnance 436 760 21 5 La Rousse Quartier ordonnance 176 888 8 7 Total 2 026 976 100 0 Note for statistical purposes the Wards of Monaco are further subdivided into 178 city blocks ilots which are comparable to the census blocks in the United States 86 Other possible expansions are Le Portier a project relaunched in 2012 104 Another possibility was Fontvieille II Development to commence in 2013 105 106 Land reclamation in Monaco since 1861 Architecture Edit See also Architecture of Monaco and Monaco villas Monaco exhibits a wide range of architecture but the principality s signature style particularly in Monte Carlo is that of the Belle Epoque It finds its most florid expression in the 1878 9 Casino and the Salle Garnier created by Charles Garnier and Jules Dutrou Decorative elements include turrets balconies pinnacles multi coloured ceramics and caryatids These were blended to create a picturesque fantasy of pleasure and luxury and an alluring expression of how Monaco sought and still seeks to portray itself 107 This capriccio of French Italian and Spanish elements were incorporated into hacienda villas and apartments Following major development in the 1970s Prince Rainier III banned high rise development in the principality His successor Prince Albert II overturned this Sovereign Order 108 In recent years when the accelerating demolition of Monaco s architectural heritage including its single family villas has created dismay 109 The principality has no heritage protection legislation 110 Climate EditMonaco has a hot summer Mediterranean climate Koppen climate classification Csa with strong maritime influences with some resemblances to the humid subtropical climate Cfa As a result it has balmy warm dry summers and mild rainy winters The winters are very mild considering the city s latitude being as mild as locations located much further south in the Mediterranean Basin 111 Cool and rainy interludes can interrupt the dry summer season the average length of which is also shorter Summer afternoons are infrequently hot indeed temperatures greater than 30 C or 86 F are rare as the atmosphere is temperate because of constant sea breezes On the other hand the nights are very mild due to the fairly high temperature of the sea in summer Generally temperatures do not drop below 20 C 68 F in this season In the winter frosts and snowfalls are extremely rare and generally occur once or twice every ten years 112 113 On 27 February 2018 both Monaco and Monte Carlo experienced snowfall 114 Climate data for Monaco 1981 2010 averages extremes 1966 present Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YearRecord high C F 19 9 67 8 23 2 73 8 25 6 78 1 26 2 79 2 30 3 86 5 32 5 90 5 34 4 93 9 34 5 94 1 33 1 91 6 29 0 84 2 25 0 77 0 22 3 72 1 34 5 94 1 Average high C F 13 0 55 4 13 0 55 4 14 9 58 8 16 7 62 1 20 4 68 7 23 7 74 7 26 6 79 9 26 9 80 4 24 0 75 2 20 6 69 1 16 5 61 7 13 9 57 0 19 2 66 6 Daily mean C F 10 2 50 4 10 2 50 4 12 0 53 6 13 8 56 8 17 5 63 5 20 9 69 6 23 8 74 8 24 2 75 6 21 1 70 0 17 9 64 2 13 8 56 8 11 2 52 2 16 4 61 5 Average low C F 7 4 45 3 7 4 45 3 9 1 48 4 10 9 51 6 14 6 58 3 18 0 64 4 21 0 69 8 21 4 70 5 18 3 64 9 15 2 59 4 11 2 52 2 8 5 47 3 13 6 56 5 Record low C F 3 1 26 4 5 2 22 6 3 1 26 4 3 8 38 8 7 5 45 5 9 0 48 2 10 5 50 9 12 4 54 3 10 5 50 9 6 5 43 7 1 6 34 9 1 0 30 2 5 2 22 6 Average precipitation mm inches 67 7 2 67 48 4 1 91 41 2 1 62 71 3 2 81 49 0 1 93 32 6 1 28 13 7 0 54 26 5 1 04 72 5 2 85 128 7 5 07 103 2 4 06 88 8 3 50 743 6 29 28 Average precipitation days 1 0 mm 6 0 4 9 4 5 7 3 5 5 4 1 1 7 2 5 5 1 7 3 7 1 6 5 62 4Mean monthly sunshine hours 149 8 158 9 185 5 210 0 248 1 281 1 329 3 296 7 224 7 199 0 155 2 136 5 2 574 7Source 1 Meteo France 115 Source 2 Monaco website sun only 116 Climate data for MonacoMonth Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YearAverage sea temperature C F 13 4 56 2 13 0 55 5 13 4 56 1 14 6 58 4 18 0 64 3 21 8 71 3 23 1 73 6 23 6 74 4 22 2 71 9 19 6 67 2 17 4 63 3 14 9 58 9 17 9 64 3 Source Weather Atlas 117 Economy EditMain article Economy of Monaco Fontvieille and its new harbour Monaco has the world s highest GDP nominal per capita at US 185 742 GDP PPP per capita at 132 571 and GNI per capita at 183 150 118 119 120 It also has an unemployment rate of 2 121 with over 48 000 workers who commute from France and Italy each day 86 According to the CIA World Factbook Monaco has the world s lowest poverty rate 122 and the highest number of millionaires and billionaires per capita in the world 123 For the fourth year in a row Monaco in 2012 had the world s most expensive real estate market at 58 300 per square metre 124 125 126 The world s most expensive apartment is located in Monaco a penthouse at the Odeon Tower valued at 335 million according to Forbes in 2016 127 One of Monaco s main sources of income is tourism Each year many foreigners are attracted to its casinos and pleasant climate 82 128 It has also become a major banking center holding over 100 billion worth of funds 129 Banks in Monaco specialise in providing private banking asset and wealth management services 130 Monaco is the only place in Europe where credit card points are not redeemable Hotel points are not able to be accumulated nor are transactions recorded allowing for an increase in privacy that is sought by many of the locals The principality has successfully sought to diversify its economic base into services and small high value added non polluting industries such as cosmetics failed verification 122 The state retains monopolies in numerous sectors including tobacco and the postal service The telephone network Monaco Telecom used to be fully owned by the state Its monopoly now comprises only 45 while the remaining 55 is owned by Cable amp Wireless Communications 49 and Compagnie Monegasque de Banque 6 Living standards are high roughly comparable to those in prosperous French metropolitan areas 131 Monaco is not a member of the European Union but very closely linked via a customs union with France As such its currency is the same as that of France the euro Before 2002 Monaco minted its own coins the Monegasque franc Monaco has acquired the right to mint euro coins with Monegasque designs on its national side Gambling industry Edit Monte Carlo Casino The plan for casino gambling was drafted during the reign of Florestan I in 1846 Under Louis Philippe s petite bourgeois regime a dignitary such as the Prince of Monaco was not allowed to operate a gambling house 28 All this changed in the dissolute Second French Empire under Napoleon III The House of Grimaldi was in dire need of money The towns of Menton and Roquebrune which had been the main sources of income for the Grimaldi family for centuries were now accustomed to a much improved standard of living and lenient taxation thanks to the Sardinian intervention and clamoured for financial and political concession even for separation The Grimaldi family hoped the newly legal industry would help alleviate the difficulties they faced above all the crushing debt the family had incurred but Monaco s first casino would not be ready to operate until after Charles III assumed the throne in 1856 The grantee of the princely concession licence was unable to attract enough business to sustain the operation and after relocating the casino several times sold the concession to French casino magnates Francois and Louis Blanc for 1 7 million francs The Blancs had already set up a highly successful casino in fact the largest in Europe in Bad Homburg in the Grand Duchy of Hesse Homburg a small German principality comparable to Monaco and quickly petitioned Charles III to rename a depressed seaside area known as Les Spelugues Den of Thieves to Monte Carlo Mount Charles 132 They then constructed their casino in the newly dubbed Monte Carlo and cleared out the area s less than savoury elements to make the neighbourhood surrounding the establishment more conducive to tourism The Blancs opened Le Grand Casino de Monte Carlo in 1858 and the casino benefited from the tourist traffic the newly built French railway system created 133 Due to the combination of the casino and the railroads Monaco finally recovered from the previous half century of economic slump and the principality s success attracted other businesses 134 In the years following the casino s opening Monaco founded its Oceanographic Museum and the Monte Carlo Opera House 46 hotels were built and the number of jewellers operating in Monaco increased by nearly five fold In an apparent effort to not overtax citizens it was decreed that the Monegasque citizens were prohibited from entering the casino unless they were employees 135 By 1869 the casino was making such a vast sum of money that the principality could afford to end tax collection from the Monegasques a masterstroke that was to attract affluent residents from all over Europe in a policy that still exists today Today Societe des bains de mer de Monaco which owns Le Grand Casino still operates in the original building that the Blancs constructed and has since been joined by several other casinos including the Le Casino Cafe de Paris the Monte Carlo Sporting Club amp Casino and the Sun Casino The most recent when addition in Monte Carlo is the Monte Carlo Bay Casino which sits on 4 hectares of the Mediterranean Sea among other things it offers 145 slot machines all equipped with ticket in ticket out TITO It is the first Mediterranean casino to use this technology 136 Low taxes Edit Monaco has a 20 VAT plus high social insurance taxes payable by both employers and employees The employers contributions are between 28 and 40 averaging 35 of gross salary including benefits and employees pay a further 10 to 14 averaging 13 137 Monaco has never levied income tax on individuals 88 and foreigners are thus able to use it as a tax haven from their own country s high taxes because as an independent country Monaco is not obliged to pay taxes to other countries 138 139 The absence of a personal income tax has attracted many wealthy tax refugee residents from European countries who derive the majority of their income from activity outside Monaco Celebrities such as Formula One drivers attract most of the attention but the vast majority are lesser known business people 140 Per a bilateral treaty with France French citizens who reside in Monaco must still pay income and wealth taxes to France 141 The principality also actively discourages the registration of foreign corporations charging a 33 per cent corporation tax on profits unless they can show that at least three quarters of turnover is generated within Monaco Unlike classic tax havens Monaco does not offer offshore financial services 88 In 1998 the Centre for Tax Policy and Administration part of the Organisation for Economic Co operation and Development OECD issued a first report on the consequences of the financial systems of known tax havens 142 Monaco did not appear in the list of these territories until 2004 when the OECD became indignant regarding the Monegasque situation and denounced it in a report along with Andorra Liechtenstein Liberia and the Marshall Islands The report underlined Monaco s lack of co operation regarding financial information disclosure and availability 143 144 Later Monaco overcame the OECD s objections and was removed from the grey list of uncooperative jurisdictions In 2009 Monaco went a step further and secured a place on the white list after signing twelve information exchange treaties with other jurisdictions 88 In 2000 the Financial Action Task Force on Money Laundering FATF stated The anti money laundering system in Monaco is comprehensive Difficulties have been encountered with Monaco by countries in international investigations on serious crimes that appear to be linked also with tax matters In addition the FIU of Monaco SICCFIN suffers a great lack of adequate resources The authorities of Monaco have stated that they will provide additional resources to SICCFIN 145 Also in 2000 a report by French Socialist MPs Arnaud Montebourg and Vincent Peillon stated that Monaco had relaxed policies with respect to money laundering including within its casino and that the Government of Monaco had been placing political pressure on the judiciary so that alleged crimes were not being properly investigated 146 In its Progress Report of 2005 the International Monetary Fund IMF identified Monaco along with 36 other territories as a tax haven 147 but in its FATF report of the same year it took a positive view of Monaco s measures against money laundering 148 149 The Council of Europe also decided to issue reports naming tax havens Twenty two territories including Monaco were thus evaluated between 1998 and 2000 on a first round Monaco was the only territory that refused to perform the second round between 2001 and 2003 whereas the 21 other territories had planned to implement the third and final round planned between 2005 and 2007 150 Numismatics Edit Main articles Monegasque franc Monegasque euro coins and Euro gold and silver commemorative coins Monaco 1978 Monegasque franc coin with an effigy of Rainier III Monaco issued its own coins in various devaluations connected to the ecu already in the seventeenth century but its first decimal coins of the Monegasque franc were issued in 1837 continued until 2001 Although Monaco is not a European Union member it is allowed to use the euro as its currency by arrangement with the Council of the European Union it is also granted the right to use its own designs on the national side of the euro coins which was introduced in 2002 151 In preparation for this date the minting of the new euro coins started as early as 2001 Like Belgium Finland France the Netherlands and Spain Monaco decided to put the minting date on its coins This is why the first euro coins from Monaco have the year 2001 on them instead of 2002 like the other countries of the Eurozone that decided to put the year of first circulation 2002 on their coins 152 Three different designs were selected for the Monegasque coins 153 The design was changed in 2006 after Prince Rainier s death to feature the effigy of Prince Albert 153 Population EditPopulation of Monaco by nationality French 28 4 Monegasque 21 6 Italian 18 7 British 7 5 Belgian 2 8 German 2 5 Swiss 2 5 American 1 2 Other 14 8 Demographics Edit Main article Demographics of Monaco Monaco s total population was 38 400 in 2015 and estimated by the United Nations to be 39 511 as of 1 July 2021 154 155 Monaco s population is unusual in that the native Monegasques are a minority in their own country the largest group are French nationals at 28 4 followed by Monegasque 21 6 Italian 18 7 British 7 5 Belgian 2 8 German 2 5 Swiss 2 5 and U S nationals 1 2 156 Citizens of Monaco whether born in the country or naturalised are called Monegasque Monaco has the world s highest life expectancy at nearly 90 years 157 158 Language Edit Main article Languages of Monaco Street sign in French and Monegasque in Monaco Ville The main and official language of Monaco is French while Italian is spoken by the principality s sizeable community from Italy French and Italian are in fact more spoken in the principality today than Monegasque its historic vernacular language A dialect of Ligurian Monegasque is not recognised as an official language nevertheless some signage appears in both French and Monegasque and the language is taught in schools English is also used Italian was the official language in Monaco until 1860 when it was replaced by French 159 This was due to the annexation of the surrounding County of Nice to France following the Treaty of Turin 1860 159 The Grimaldi princes of Monaco are of Ligurian origin thus the traditional national language is Monegasque a variety of Ligurian now spoken by only a minority of residents and as a common second language by many native residents In Monaco Ville street signs are printed in both French and Monegasque 160 161 Religion EditReligion in Monaco according to the Global Religious Landscape survey by the Pew Forum 2012 3 Christianity 86 Unaffiliated 11 7 Judaism 1 7 Islam 0 4 Other religions 0 2 Christianity Edit Christians comprise a total of 86 of Monaco s population 3 According to Monaco 2012 International Religious Freedom Report Roman Catholic Christians are Monaco s largest religious group followed by Protestant Christians The Report states that there are two Protestant churches an Anglican church and a Reformed church There are also various other Evangelical Protestant communities that gather periodically Catholicism Edit Main article Catholic Church in Monaco Cathedral of Our Lady Immaculate Sainte Devote Chapel The official religion is Catholicism with freedom of other religions guaranteed by the constitution 2 There are five Catholic parish churches in Monaco and one cathedral which is the seat of the archbishop of Monaco The diocese which has existed since the mid 19th century was raised to a non metropolitan archbishopric in 1981 as the Archdiocese of Monaco and remains exempt i e immediately subject to the Holy See The patron saint is Saint Devota Anglican Communion Edit There is one Anglican church St Paul s Church located in the Avenue de Grande Bretagne in Monte Carlo The church was dedicated in 1925 In 2007 this had a formal membership of 135 Anglican residents in the principality but was also serving a considerably larger number of Anglicans temporarily in the country mostly as tourists The church site also accommodates an English language library of over 3 000 books 162 The church is part of the Anglican Diocese in Europe Reformed Church of Monaco Edit There is one Reformed church which meets in a building located in Rue Louis Notari The building dates from 1958 59 The church is affiliated with the United Protestant Church of France Eglise Protestante Unie de France EPUF a group that incorporates the former Reformed Church of France Eglise Reformee de France Through this affiliation with EPUF the church is part of the World Communion of Reformed Churches The church acts as a host church to some other Christian communities allowing them to use its building Charismatic Episcopal Church Edit The Monaco Parish of the Charismatic Episcopal Church Parish of St Joseph dates from 2017 and meets in the Reformed Church s Rue Louis Notari building Christian Fellowship Edit The Monaco Christian Fellowship formed in 1996 meets in the Reformed Church s Rue Louis Notari building Greek Orthodoxy Edit Monaco s 2012 International Religious Freedom Report states that there is one Greek Orthodox church in Monaco Russian Orthodox Edit The Russian Orthodox Parish of the Holy Royal Martyrs meets in the Reformed Church s Rue Louis Notari building Judaism Edit The Association Culturelle Israelite de Monaco founded in 1948 is a converted house containing a synagogue a community Hebrew school and a kosher food shop located in Monte Carlo 163 The community mainly consists of retirees from Britain 40 and North Africa Half of the Jewish population is Sephardic mainly from North Africa while the other half is Ashkenazi 164 Islam Edit The Muslim population of Monaco consists of about 280 people most of whom are residents not citizens 165 The majority of the Muslim population of Monaco are Arabs though there is a Turkish minority as well 166 Monaco does not have any official mosques 167 Sports EditFormula One Edit Main article Monaco Grand Prix Formation lap for the 1996 Monaco Grand Prix Since 1929 the Monaco Grand Prix has been held annually in the streets of Monaco 168 It is widely considered to be one of the most prestigious automobile races in the world The erection of the Circuit de Monaco takes six weeks to complete and the removal after the race takes another three weeks 168 The circuit is narrow and tight and its tunnel tight corners and many elevation changes make it perhaps the most demanding Formula One track 169 Driver Nelson Piquet compared driving the circuit to riding a bicycle around your living room Despite the challenging nature of the course it has only had two fatalities Luigi Fagioli who died from injuries received in practice for the 1952 Monaco Grand Prix run to sports car regulations that year not Formula 1 170 and Lorenzo Bandini who crashed burned and died three days later from his injuries in 1967 171 Two other drivers had lucky escapes after they crashed into the harbour the most famous being Alberto Ascari in the 1955 Monaco Grand Prix and Paul Hawkins during the 1965 race 168 In 2020 the Monaco Grand Prix was cancelled for the first time since 1954 because of the global COVID 19 pandemic Monegasque Formula 1 drivers Edit There have been five Formula One drivers from Monaco Charles Leclerc 2018 present Robert Doornbos 2005 Dutch driver under a Monegasque license Olivier Beretta 1994 Andre Testut 1958 1959 Louis Chiron 1950 1958 Formula E Edit Starting in 2015 Formula E started racing biennially with the Historic Grand Prix of Monaco on the Monaco ePrix 172 and used a shorter configuration of the full Formula 1 circuit keeping it around Port Hercules until 2021 ROKiT Venturi Racing is the only motor racing team based in the principality headquartered in Fontvieille 173 The marque competes in Formula E and was one of the founding teams of the fully electric championship Managed by former racing drivers Susie Wolff CEO and Jerome d Ambrosio Team Principal 174 the outfit holds 16 podiums in the series to date including five victories 1997 Formula One World Champion Jacques Villeneuve and eleven time Formula One race winner Felipe Massa have raced for the team previously 175 176 Ten time Macau winner and 2021 vice World Champion Edoardo Mortara and Season 3 Formula E champion Lucas di Grassi currently race for the team 177 Monte Carlo Rally Edit Since 1911 part of the Monte Carlo Rally has been held in the principality originally held at the behest of Prince Albert I Like the Grand Prix the rally is organised by Automobile Club de Monaco It has long been considered to be one of the toughest and most prestigious events in rallying and from 1973 to 2008 was the opening round of the World Rally Championship WRC 178 From 2009 until 2011 the rally served as the opening round of the Intercontinental Rally Challenge 179 The rally returned to the WRC calendar in 2012 and has been held annually since 180 Due to Monaco s limited size all but the ending of the rally is held on French territory Football Edit Main article Football in Monaco Stade Louis II home of AS Monaco FC Monaco hosts two major football teams in the principality the men s football club AS Monaco FC and the women s football club OS Monaco AS Monaco plays at the Stade Louis II and competes in Ligue 1 the first division of French football The club is historically one of the most successful clubs in the French league having won Ligue 1 eight times most recently in 2016 17 and competed at the top level for all but six seasons since 1953 The club reached the 2004 UEFA Champions League Final with a team that included Dado Prso Fernando Morientes Jerome Rothen Akis Zikos and Ludovic Giuly but lost 3 0 to Portuguese team FC Porto French World Cup winners Thierry Henry Fabien Barthez David Trezeguet and Kylian Mbappe have played for the club The Stade Louis II also played host to the annual UEFA Super Cup from 1998 2012 between the winners of the UEFA Champions League and the UEFA Europa League The women s team OS Monaco competes in the women s French football league system The club plays in the local regional league deep down in the league system It once played in the Division 1 Feminine in the 1994 95 season but was quickly relegated The Monaco national football team represents the nation in association football and is controlled by the Monegasque Football Federation the governing body for football in Monaco Monaco is one of two sovereign states in Europe along with the Vatican City that is not a member of UEFA and so does not take part in any UEFA European Football Championship or FIFA World Cup competitions They are instead affiliated with CONIFA where they compete against other national teams that are not FIFA members The team plays its home matches in the Stade Louis II Rugby Edit Main article Rugby union in Monaco Monaco s national rugby team as of April 2019 is 101st in the World Rugby Rankings 181 Basketball Edit Multi sport club AS Monaco owns AS Monaco Basket which was founded in 1928 They play in the top tier European basketball league the EuroLeague and the French top flight the LNB Pro A They have three Pro A Leaders Cup two Pro B 2nd tier and one NM1 3rd tier championship They play in Salle Gaston Medecin which is part of Stade Louis II Professional boxing Edit Due in part to its position both as a tourist and gambling centre Monaco has staged major professional boxing world title and non title fights from time to time those include the Carlos Monzon versus Nino Benvenuti rematch 182 Monzon s rematch with Emile Griffith 183 Monzon s two classic fights with Rodrigo Valdes 184 185 Davey Moore versus Wilfredo Benitez 186 the double knockout ending classic between Lee Roy Murphy and Chisanda Mutti won by Murphy 187 and Julio Cesar Chavez Sr versus Rocky Lockridge 188 All of the aforementioned contests took place at the first Stade Louis II or the second Stade Louis II stadiums Other sports Edit A view of the 2011 Monaco Porsche Supercup Motor racing is very popular with one course encompassing almost the whole country The Monte Carlo Masters is held annually in neighbouring Roquebrune Cap Martin France as a professional tournament for men as part of tennis s ATP Masters Series 189 The tournament has been held since 1897 Golf s Monte Carlo Open was also held at the Monte Carlo Golf Club at Mont Agel in France between 1984 and 1992 Monaco has a national Davis Cup team which plays in the European African Zone Monaco has also competed in the Olympic Games although no athlete from Monaco has ever won an Olympic medal At the Youth Olympic Winter Games Monaco won a bronze medal in bobsleigh The 2009 Tour de France the world s premier cycle race started from Monaco with a 15 km 9 mi closed circuit individual time trial starting and finishing there on the first day and the 182 km 113 mi second leg starting there on the following day and ending in Brignoles France 190 Monaco has also staged part of the Global Champions Tour International Show jumping 191 In 2009 the Monaco stage of the Global Champions tour took place between 25 and 27 June The Monaco Marathon is the only marathon in the world to pass through three countries those of Monaco France and Italy before the finish at the Stade Louis II The Monaco Ironman 70 3 triathlon race is an annual event with over 1 000 athletes competing and attracts top professional athletes from around the world The race includes a 1 9 km 1 2 mi swim 90 km 56 mi bike ride and 21 1 km 13 1 mi run Since 1993 the headquarters of the International Association of Athletics Federations 192 the world governing body of athletics is located in Monaco 193 An IAAF Diamond League meet is annually held at Stade Louis II 194 A municipal sports complex the Rainier III Nautical Stadium in the Port Hercules district consists of a heated saltwater Olympic size swimming pool diving boards and a slide 195 The pool is converted into an ice rink from December to March 195 In addition to Formula One the Circuit de Monaco hosts several support series including FIA Formula 2 Porsche Supercup and Formula Regional Europe 196 It has in the past also hosted Formula Three and Formula Renault From 10 to 12 July 2014 Monaco inaugurated the Solar1 Monte Carlo Cup a series of ocean races exclusively for solar powered boats 197 198 The women team of the chess club CE Monte Carlo won the European Chess Club Cup several times Panoramic view of Monaco City and the port of FontvieilleCulture EditCuisine Edit Main article Monegasque cuisine The cuisine of Monaco is a Mediterranean cuisine shaped by the cooking style of Provence and the influences of nearby northern Italian and southern French cooking in addition to Monaco s own culinary traditions 199 Music Edit Main article Music of Monaco Seaside facade of the Salle Garnier home of the Opera de Monte Carlo Monaco has an opera house a symphony orchestra and a classical ballet company Monaco participated regularly in the Eurovision Song Contest between 1959 1979 and 2004 2006 winning in 1971 although none of the artists participating for the principality was originally Monegasque Visual arts Edit Monaco has a national museum of contemporary visual art at the New National Museum of Monaco In 1997 the Audiovisual Institute of Monaco was founded aimed to preserve audiovisual archives and show how the Principality of Monaco is represented in cinema The country also has numerous works of public art statues museums and memorials see list of public art in Monaco Prince Albert of Monaco visited the Sassi di Matera on 22 April 2022 exploring the ancient districts 200 Museums in Monaco Edit Main article List of museums in Monaco Oceanographic Museum Monaco Top Cars Collection Napoleon Museum Monaco Oceanographic MuseumEvents festivals and shows Edit The Principality of Monaco hosts major international events such as International Circus Festival of Monte Carlo Mondial du Theatre Monte Carlo Television FestivalBread Festival Edit Monaco also has an annual bread festival on 17 September every year 201 Education EditPrimary and secondary schools Edit Lycee Albert Premier of Monaco Monaco has ten state operated schools including seven nursery and primary schools one secondary school College Charles III 202 one lycee that provides general and technological training Lycee Albert 1er 203 and one lycee that provides vocational and hotel training Lycee technique et hotelier de Monte Carlo 204 There are also two grant aided denominational private schools Institution Francois d Assise Nicolas Barre and Ecole des Sœurs Dominicaines and one international school the International School of Monaco 205 206 founded in 1994 207 Colleges and universities Edit There is one university located in Monaco namely the International University of Monaco IUM an English language university specialising in business education and operated by the Institut des hautes etudes economiques et commerciales INSEEC group Flag EditMain article Flag of Monaco Monaco s flag and its coat of arms The flag of Monaco is one of the world s oldest national flag designs 208 Adopted by Monaco on 4 April 1881 it is almost identical to the flag of Indonesia The flag Sang Saka Merah Putih is an old flag from the Indonesian kingdom Majapahit in the 13th century and also adopted by modern Indonesia except for the ratio of height to width 209 Transport EditMain article Transport in Monaco Further information Rail transport in Monaco The Monaco Monte Carlo station is served by the SNCF the French national rail system The Monaco Heliport provides helicopter service to the closest airport Cote d Azur Airport in Nice France The Monaco bus company CAM covers all the tourist attractions museums Exotic garden business centres and the Casino or the Louis II Stadium 210 Relations with other countries EditMain article Foreign relations of Monaco Further information France Monaco relations Monaco European Union relations Monaco Russia relations and Monaco United States relations The Rock of Monaco in 1890 Monaco is so old that it has outlived many of the nations and institutions that it has had relations with The Crown of Aragon and Republic of Genoa became a part of other countries as did the Kingdom of Sardinia Honore II Prince of Monaco secured recognition of his independent sovereignty from Spain in 1633 and then from Louis XIII of France by the Treaty of Peronne 1641 Monaco made a special agreement with France in 1963 in which French customs laws apply in Monaco and its territorial waters 141 Monaco uses the euro but is not a member of the European Union 141 Monaco shares a 6 km 3 7 mi border with France but also has about 2 km 1 2 mi of coastline with the Mediterranean sea 211 Two important agreements that support Monaco s independence from France include the Franco Monegasque Treaty of 1861 and the French Treaty of 1918 see also Kingdom of Sardinia The United States CIA Factbook records 1419 as the year of Monaco s independence 211 Embassy of Monaco Paris France There are two embassies in Monaco those of France and Italy 212 There are about another 30 or so consulates 212 By the 21st century Monaco maintained embassies in Belgium Brussels France Paris Germany Berlin the Vatican Italy Rome Portugal Lisbon 213 Spain Madrid Switzerland Bern United Kingdom London and the United States Washington 212 As of 2000 update nearly two thirds of the residents of Monaco were foreigners 214 In 2015 the immigrant population was estimated at 60 211 It is reported to be difficult to gain citizenship in Monaco or at least in relative number there are not many people who do so In 2015 an immigration rate of about 4 people per 1 000 was noted or about 100 150 people a year 215 The population of Monaco went from 35 000 in 2008 to 36 000 in 2013 and of that about 20 percent were native Monegasque 216 see also Nationality law of Monaco A recurring issue Monaco encounters with other countries is the attempt by foreign nationals to use Monaco to avoid paying taxes in their own country 211 Monaco actually collects a number of taxes including a 20 VAT and 33 on companies unless they make over 75 of their income inside Monaco 211 Monaco does not allow dual citizenship but does have multiple paths to citizenship including by declaration and naturalisation 217 In many cases the key issue for obtaining citizenship rather than attaining residency in Monaco is the person s ties to their departure country 217 For example French citizens must still pay taxes to France even if they live full time in Monaco unless they resided in the country before 1962 for at least 5 years 217 In the early 1960s there was some tension between France and Monaco over taxation 218 There are no border formalities entering or leaving France For visitors a souvenir passport stamp is available on request at Monaco s tourist office This is located on the far side of the gardens that face the Casino Microstate Association Agreement Eurozone 219 Schengen Area EU single market EU customs territory 220 EU VAT area 221 Dublin Regulation Monaco relations Negotiating 222 Yes c de facto d Partial e Yes f Yes g h NoSee also Edit Monaco portal Cities portal Europe portal Geography portalJapanese Garden Monaco Telecommunications in Monaco Outline of Monaco Microstates and the European Union List of sovereign states and dependent territories by population density List of rulers of Monaco List of diplomatic missions in Monaco List of diplomatic missions of Monaco ISO 3166 2 MCNotes Edit French Principaute de MonacoMonegasque Principatu de Mu neguLigurian Principato di MonegoOccitan Principat de MonegueItalian Principato di Monaco For further information see languages of Monaco Monetary agreement with the EU to issue euros Although not a contracting party to the Schengen Agreement has an open border with France and Schengen laws are administered as if it were a part of France 223 224 Through an agreement with France 225 Through an agreement with France Part of the EU Customs territory administered as part of France 223 226 227 228 Also part of the EU excise territory 228 Through an agreement with France Administered as a part of France for taxation purposes 221 223 228 229 References Edit Constitution de la Principaute Council of Government Archived from the original on 22 July 2011 Retrieved 22 May 2008 a b Constitution de la Principaute at the Wayback Machine archived 27 September 2011 French Art 9 Principaute De Monaco Ministere d Etat archived from the original on 27 September 2011 a b c The Global Religious Landscape PDF Pewforum org Archived from the original PDF on 25 January 2017 Retrieved 2 October 2015 Monaco en Chiffres PDF Archived from the original on 15 November 2009 Retrieved 15 November 2009 a href Template Cite web html title Template Cite web cite web a CS1 maint bot original URL status unknown link Principaute de Monaco Retrieved 7 June 2010 Population on 1 January and is one of the smallest country It is 2nd most smallest country ec europa eu eurostat Eurostat Archived from the original on 5 February 2020 Retrieved 4 February 2020 Recensement de la Population 2016 PDF in French Institut Monegasque de la Statistique et des Etudes Economiques IMSEE February 2018 Archived PDF from the original on 24 February 2020 Retrieved 10 February 2020 a b EUROPE MONACO CIA gov Central Intelligence Agency Archived from the original on 30 December 2021 Retrieved 4 February 2020 GDP current US Monaco data worldbank org World Bank Archived from the original on 14 March 2019 Retrieved 25 January 2022 GDP per capita current US Monaco data worldbank org World Bank Archived from the original on 3 February 2020 Retrieved 25 January 2022 What side of the road do people drive on Whatsideoftheroad com Archived from the original on 13 April 2012 Retrieved 28 May 2012 Population total World Bank Archived from the original on 20 February 2021 Retrieved 18 September 2019 Demography Population and employment IMSEE Monaco IMSEE www monacostatistics mc Archived from the original on 30 October 2020 Retrieved 25 September 2020 The 1 25 mile waterfront stretch in Monaco that used to be the world s most expensive street looks no different from the rest of the city Business Insider Retrieved 21 July 2022 Monaco Is The Most Expensive Place To Buy Property In The World Archived from the original on 29 May 2022 Retrieved 21 July 2022 Monaco Statistics IMSEE Monaco IMSEE in French Imsee mc Archived from the original on 4 March 2016 Retrieved 3 August 2016 Ventimiglia Principato di Monaco www distanza org Archived from the original on 6 May 2019 Retrieved 8 April 2020 Communique de la Direction des Services Judiciaires Archived 17 February 2022 at the Wayback Machine Government of Monaco in French 26 June 2019 In fact Francesco Grimaldi who captured the Rock on the night of 8 January 1297 was forced to flee Monaco only four years after the fabled raid never to come back The Grimaldi family was not able to permanently secure their holding until 1419 when they purchased Monaco along with two neighbouring villages Menton and Roquebrune Source Edwards Anne 1992 The Grimaldis of Monaco The Centuries of Scandal The Years of Grace William Morrow ISBN 978 0 688 08837 8 Monte Carlo The Birth of a Legend SBM Group Archived from the original on 3 December 2013 Retrieved 23 August 2013 Beck Katie The country running out of space for its millionaires www bbc com Archived from the original on 9 November 2020 Retrieved 25 September 2020 Monaco s Prince Albert II Oceans are a family heritage with little time to save them Los Angeles Times 13 February 2020 Archived from the original on 25 September 2020 Retrieved 26 September 2020 Ocean Acidification International Coordination Centre OA ICC PDF United Nations Archived PDF from the original on 11 April 2021 Retrieved 26 September 2020 monos Archived from the original on 29 June 2011 Retrieved 29 June 2011 a href Template Cite web html title Template Cite web cite web a CS1 maint bot original URL status unknown link Henry George Liddell Robert Scott A Greek English Lexicon on Perseus Digital Library oἶkos Archived from the original on 29 June 2011 Retrieved 29 June 2011 a href Template Cite web html title Template Cite web cite web a CS1 maint bot original URL status unknown link Henry George Liddell Robert Scott A Greek English Lexicon on Perseus Digital Library History of Monaco Monaco montecarlo com Archived from the original on 6 March 2012 Retrieved 28 May 2012 Strabo Geography Gaul 4 6 3 at LacusCurtious monoikos Archived from the original on 29 June 2011 Retrieved 29 June 2011 a href Template Cite web html title Template Cite web cite web a CS1 maint bot original URL status unknown link Henry George Liddell Robert Scott A Greek English Lexicon on Perseus Digital Library a b c Monaco State gov 16 November 2011 Archived from the original on 14 August 2021 Retrieved 28 May 2012 Monaco Life Monaco Life 26 July 2011 Archived from the original on 8 May 2012 Retrieved 28 May 2012 Monaco history Visitmonaco com Archived from the original on 29 April 2018 Retrieved 28 May 2012 Histoire de Monaco famille Grimaldi Monte Carlo SBM Fr montecarlosbm com Archived from the original on 9 June 2012 Retrieved 28 May 2012 a b The 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