Monaco

Monaco is a small sovereign city-state located on the French Riviera in Western Europe. It is bordered by France on three sides and has a coastline along the Mediterranean Sea. Monaco is known for its wealth, casinos, and as a tax haven, attracting many millionaires and tourists. The state is famous for its lavish lifestyle, including luxury hotels, high-end shopping, and the annual Formula One Grand Prix. The official language is French, and the currency used is the Euro. Governing Monaco is a constitutional monarchy, with the ruling Prince of Monaco holding significant authority. The country has a rich cultural heritage and is known for its art, music, and glamorous events. Despite its small geographic size, Monaco is recognized as one of the richest places in the world and is characterized by a high standard of living.