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More Important Information About Your Travel to Monaco Monte Carlo
Monaco (; French pronunciation: [mɔnako]), officially the Principality of Monaco (French: Principauté de Monaco), is a sovereign city-state, country, and microstate on the French Riviera in Western EuropeFrance borders the country on three sides while the other side borders the Mediterranean SeaMonaco is about 15 km (9.3 mi) from the state border with Italy.Monaco has an area of 2.02 km2 (0.78 sq mi), making it the second-smallest country in the world after the VaticanIts population as of 2018 is 38,682With 19,009 inhabitants per square kilometre (49,230/sq mi), it is the most densely-populated sovereign state in the world.
Monaco has a land border of 5.47 km (3.40 mi), the world's shortest coastline of approximately 3.83 km (2.38 mi) (regardless of the coastline paradox), and a width that varies between 1,700 and 349 m (5,577 and 1,145 ft)The highest point in the country is a narrow pathway named Chemin des Révoires on the slopes of Mont Agel, in the Les Révoires Ward, which is 161 metres (528 feet) above sea levelMonaco's most populous Quartier is Monte Carlo and the most populous Ward is Larvotto/Bas MoulinsThrough land reclamation, Monaco's land mass has expanded by 20 percentIn 2005, it had an area of only 1.974 km2 (0.762 sq mi).
Monaco is known to be the most expensive and the wealthiest place in the world due to its tax lawsIn 2014, it was noted that about 30% of the population was made up of millionaires.Monaco is a principality governed under a form of constitutional monarchy, with Prince Albert II as head of stateAlthough Prince Albert II is a constitutional monarch, he wields immense political powerThe House of Grimaldi has ruled Monaco, with brief interruptions, since 1297The official language is French, but Monégasque, Italian, and English are widely spoken and understood.
The state's sovereignty was officially recognised by the Franco-Monegasque Treaty of 1861, with Monaco becoming a full United Nations voting member in 1993Despite Monaco's independence and separate foreign policy, its defence is the responsibility of FranceHowever, Monaco does maintain two small military units. Economic development was spurred in the late 19th century with the opening of the country's first casino, Monte Carlo, and a railway connection to ParisSince then, Monaco's mild climate, scenery, and gambling facilities have contributed to the principality's status as a tourist destination and recreation centre for the richIn more recent years, Monaco has become a major banking centre and has sought to diversify its economy into the services sector and small, high-value-added, non-polluting industries.
The state has no income tax, low business taxes, and is well known for being a tax havenIt is also the host of the annual street circuit motor race Monaco Grand Prix, one of the original Grands Prix of Formula One and birthplace of Scuderia Ferrari driver Charles LeclercThe principality has a club football team, AS Monaco, who have become French champions on multiple occasions. Monaco is not formally a part of the European Union (EU), but it participates in certain EU policies, including customs and border controlsThrough its relationship with France, Monaco uses the euro as its sole currency (prior to this it used the Monégasque franc)Monaco joined the Council of Europe in 2004.
Additional Information About Milan
Milan (Italian: Milano [miˈlaːno], Milanese: [miˈlãː]) is a city in northern Italy, capital of Lombardy, and the second-most populous city in Italy after RomeMilan served as the capital of the Western Roman Empire, the Duchy of Milan and the Kingdom of Lombardy–Venetia The city proper has a population of about 1.4 million while its metropolitan city has 3.26 million inhabitantsIts continuously built-up urban area, that stretches well beyond the boundaries of its administrative metropolitan city, is the fourth largest in the EU with 5.27 million inhabitantsThe population within the wider Milan metropolitan area, also known as Greater Milan, is estimated at 8.2 million, making it by far the largest metropolitan area in Italy and the 4th largest in the EU.Milan is considered a leading alpha global city, with strengths in the field of the art, commerce, design, education, entertainment, fashion, finance, healthcare, media, services, research and tourism.
Its business district hosts Italy's stock exchange (Italian: Borsa Italiana), and the headquarters of national and international banks and companiesIn terms of GDP, it has the second-largest economy among EU cities after Paris, and is the wealthiest among EU non-capital citiesMilan is considered part of the Blue Banana and one of the "Four Motors for Europe". The city has been recognized as one of the world's four fashion capitals thanks to several international events and fairs, including Milan Fashion Week and the Milan Furniture Fair, which are currently among the world's biggest in terms of revenue, visitors and growthIt hosted the Universal Exposition in 1906 and 2015The city hosts numerous cultural institutions, academies and universities, with 11% of the national total enrolled students.
Milan is the destination of 8 million overseas visitors every year, attracted by its museums and art galleries that include some of the most important collections in the world, including major works by Leonardo da VinciThe city is served by many luxury hotels and is the fifth-most starred in the world by Michelin GuideThe city is home to two of Europe's most successful football teams, A.CMilan and F.CInternazionale, and one of Europe's main basketball teams, Olimpia Milano.