Monaco

Monaco is one of the smallest and most densely populated countries in the world. It is located in Western Europe, on the Mediterranean coast. Monaco is bordered by France to the north and west, and by the Mediterranean Sea to the south and east. The principality has an area of 2.02 km2 (0.78 sq mi), and a population of about 38,000. Monaco is known for its picturesque setting and luxurious lifestyle. The economy of Monaco is largely based on tourism and banking. Monaco is a popular destination for tourists, who are attracted by its mild climate, its beaches, and its gambling facilities. Monaco is also a popular place for expatriates to live. The banking sector is an important part of Monaco’s economy, with many banks and financial institutions based in the principality. Monaco is not a member of the European Union, but it is a member of the European Monetary Union. The government of Monaco is a constitutional monarchy, with Prince Albert II as the head of state. The executive branch of the government is headed by the Minister of State, who is appointed by the Prince. The legislature is the National Council, which has 24 members elected by the citizens of Monaco. Monaco is not a member of the United Nations, but it is a member of the Council of Europe and the International Olympic Committee. Monaco is a popular tourist destination, known for its casinos, beaches, and luxury lifestyle. The principality also has a thriving banking sector, and is a popular place for expatriates to live. The government of Monaco is a constitutional monarchy, headed by Prince Albert II. The legislature is the National Council, which has 24 members elected by the citizens of Monaco.