In 2011, Monaco had a population of 36,371 people. The economy of Monaco was mainly based on tourism and banking activities. The principality also received income from its sale of stamps and coins, as well as from the registration fees for vessels in its harbor. Monaco maintained strong diplomatic relations with other countries, primarily France and the United States. Politically, Monaco was governed by Prince Albert II, who held executive powers as head of state. The prince could veto legislation passed by the National Council, an elected legislative body composed of twenty-four members who served four-year terms. He could also dissolve the National Council and call for new elections at any time. See mathgeneral for Monaco in the year of 2017.
Yearbook 2011
Monaco. When intermarried bachelor Prince Albert married, at the age of 53, in July, Monaco got a princess for the first time since his mother Grace Kelly, who died in a car accident nearly 30 years earlier. According to Countryaah official site, the target was a 33-year-old former Olympic swimmer from South Africa, Charlene Wittstock. Royalists, heads of state and a wide range of celebrities in culture, sports and fashion were among the thousands of wedding guests. Visit ABBREVIATIONFINDER for the acronym of MCO that stands for the country of Monaco.
Economic conditions
Monaco bases its economy on tertiary activities, with an absolute prevalence of financial and credit, from which the main income comes, which are added to those, also very significant, of tourism. One of the largest revenues of the state is made up of the proceeds of the Monte Carlo casino. Industry is also developing considerably (chemicals, mechanics, pharmaceuticals, textiles, food), which the Monegasque authorities tend to strengthen in order to diversify the economy of the microstate.
The territory of the principality is crossed by the Ventimiglia-Nice railway line; the State also has 2 ports (the historic one of Hercule in La Condamine and another built in the 1970s in Fontvieille) and a heliport.