Monaco is a small, wealthy city-state located on the French Riviera in Western Europe. It is known for its luxurious casinos, yacht-lined harbor, and the prestigious Monte Carlo district. Monaco has a long history dating back to ancient times, but it gained significant power and prestige in the 13th century when the Grimaldi family seized control and established their rule. Over the centuries, Monaco faced various challenges including invasions, wars, and economic struggles. In the late 19th century, Monaco's fortunes changed when it became a popular tourist destination and a tax haven, leading to its current reputation as a glamorous playground for the rich and famous. Today, Monaco remains a sovereign state with a constitutional monarchy headed by the Grimaldi family.
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