Roman Catholicism is the official religion, with freedom of other religions guaranteed by the constitution.
Monaco is a popular resort attracting tourists to its casino and pleasant climate. The principality has successfully sought to diversify into services and small, high-value-added, nonpolluting industries. The state has no income tax and low business taxes and thrives as a tax haven both for individuals who have established residence and for foreign companies that have set up businesses and offices. The state retains monopolies in a number of sectors, including tobacco, the telephone network, and the postal service. Living standards are high, roughly comparable to those in prosperous French metropolitan areas. Monaco does not publish national income figures.
Currency C euro
Monaco uses euro. The euro (€; currency code EUR) is the currency of twelve European Union member states: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain, collectively known as the Eurozone. Monaco, San Marino and the Vatican City, which formerly used the French franc or the Italian lira as their currency now use the euro as their currency and are licensed to mint their own euro coins in small amounts even though they are not EU states.
Main Sporting Events and Achievement in Olympics
Soccer (football) is one of the popular sports in Monaco. The Monaco Soccer team (AS Monaco) has a history of successful activity ever since its foundation in 1924. Monaco was the shock finalists in the UEFA Champions League in 2004, impressively beating the likes of Real Madrid and Chelsea along the way to the final. Competing under the French football league, Monaco has won the French league titles for seventh times.
The Monaco Grand Prix started in 1929, under the auspice of the late Prince Louis II, is an event recognized internationally. Monaco has the honour of hosting such an internationally renowned event despite being the smallest European state. Today the circuit of the Monaco Grand Prix measures 3,367 km. Contestants are required to complete 78 laps which undoubtedly one of the toughest circuits in the Formula 1 racing.
The Louis II Stadium, inaugurated in 1985, hosts international football games and is home to the Monaco Football Team. The Stadium is equipped for a wide range of sporting disciplines, including table tennis, boxing, squash, martial arts, weight-lifting, basketball, volleyball and swimming, and also hosts international athletics competitions. The Rainier III Nautical Stadium is a recreational Olympic-sized swimming pool with a high diving board. The other sport facility which is well recognized internally is The Monte-Carlo Country Club has 40 tennis courts and is the venue for one of the most important tournaments on the professional tennis circuit.
The 2004 Summer Olympics in Athens is Monaco’s seventeenth participation at the Summer Olympics. Monaco has yet to win an Olympics medal.
Monaco hosted a vast number of cultural events each year encourages the appreciation of artistic disciplines. Reputable establishments such as the Rainier III Academy of Music, the Academy of Classical Dance and the Princess Grace Municipal Plastic Art School have educated international artists. Prince Rainier III introduced the Prince Rainier III Prize for Musical Composition to reward Monegasque musicians.
The Monte Carlo Philharmonic Orchestra was founded in 1863 and gained a permanent home at Garnier Palace in 1879. The Orchestra is quite prominent in the classical world, and has been conducted by Igor Markevitch, Lovro von Matacic, Paul Paray, Lawrence Foster, Gianluigi Gelmetti and Louis Fremaux.
The Little Singers of Monaco are a children"s choir founded in 1973, when the Palatine Chapel"s Chapel Master, Philippe Debat, was ordered by the government to send a choir of only children around the world. This practice carries on a tradition from the reign of Prince Antoine I, during whose rule a choir of children sang the liturgies in the Palatine Chapel.
蒙特卡洛管弦交响乐团成立于1863年，在1879年获得了加尼叶宫殿的永久居住权。这个乐队在古典音乐方面有很高的造诣，曾经由Igor Markevitch、Lovro von Matacic、保罗・派瑞（Paul Paray）、劳伦斯・福斯特（Lawrence Foster）、Gianluigi Gelmetti和刘易斯・弗雷默斯（Louis Fremaux）指挥。
摩纳哥小歌手儿童唱诗歌班于1973年成立，政府要求巴拉丁伯爵礼拜堂的主人Philippe Debat把唱诗班的儿童送到世界各地，。这一实践把 安东尼一世亲王辖区的传统音乐带了回来，在他统治时期唱诗班的儿童在巴拉丁伯爵礼拜堂歌唱礼拜歌曲。