Monaco is a constitutional monarchy in Western Europe, bordering the Mediterranean Sea on the southern coast of France. It is divided into four quarters: Fontvieille, La Condamine, Monaco-Ville and Monte-Carlo.
Economic development was spurred in the late 19th century with a railroad linkup to France and the opening of a casino. Since then, the principality's mild climate, splendid scenery and gambling facilities have made Monaco world famous as a tourist and recreation center.
The state thrives as a tax haven both for individuals, who have established residence, and for foreign companies that have set up businesses and offices. Living standards are high, roughly comparable to those in prosperous French metropolitan areas.
Monte Carlo, Monaco
Total area: 1.95 km². Coastline: 4.1 km.
Climate: Mediterranean with mild, wet winters and hot, dry summers.
Terrain: hilly, rugged, rocky. Highest point: Mont Agel 140m.
Population: 30,727 (2017).
Religions: Roman Catholic 90%.
Ethnic groups: Monegasque 32.1%, French 19.9%, Italian 15.3%, British 5%, Belgian 2.3%, Swiss 2%, German 1.9%, Russian 1.8%, American 1.1%, Dutch 1.1%, Moroccan 1%, other 16.6% (2016 est.).
Languages: French (official), English, Italian, Monegasque.
Main source: CIA - The World Factbook.
Monte Carlo Cassino, Monaco.
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