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Monaco is a European micronation located on the southeast coast of France. It is the second-smallest country in the world at 0.78 square miles and has a constitutional monarchy with Prince Albert II its leader.

Monaco has been presisded over by the House of Grimaldi since 1297 when Francois Grimaldi size the fortress of Monaco from a rival Italian faction. The only time it hasn’t been under their control since in when the rock wan annexed by France during the French Revolution, although the annexation was cut short with the abdication of Napoleon

Tourism drives the economy of Monaco as gamblers flock to the famous casino in Monte Carlo while every may the nation hosts the world’s most famous motor race – the Monaco Grand Prix. Monaco is also a major banking centre and closely guards the privacy of clients, while it doesn’t levy income tax on its residents.

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Did you know?

  • The defence of Monaco is the responsibility of the French army.
  • Monaco is smaller than Central Park in New York City.
  • Monaco has the largest police force in the world on both a per-capita and per-area basis.
  • Native Monegasques are in the minority, making up less than a fifth of Monaco’s population.
  • Monaco isn’t in the European Union, but shares an open border with the association and is part of the EU customs territory through an agreement with France.