Tag Archive: Monaco

Situated on the French Riviera in Western Europe, the Principality of Monaco is a tiny but affluent city-state known for its glamorous image, opulent casinos, and picturesque Mediterranean setting. With a population of around 38,000, Monaco is one of the world’s smallest and most densely populated countries. Governed by a constitutional monarchy, Prince Albert II serves as the head of state. The official language is French, and the economy is primarily based on finance, tourism, and the luxury goods sector. Monaco is renowned for its tax-friendly environment, attracting high-net-worth individuals from around the world. The country’s commitment to environmental sustainability is evident through initiatives such as the Monaco Oceanographic Museum. In terms of foreign policy, Monaco maintains a policy of neutrality, focusing on economic cooperation, cultural exchanges, and environmental conservation. The principality has diplomatic relations with numerous countries and is a member of international organizations, such as the United Nations, while relying on its strategic location and global partnerships to secure its position as a prestigious and cosmopolitan enclave. PROZIPCODES: Features defense and foreign policy of Monaco.