Montecarlo, Monaco, Europe

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Monaco, officially the Principality of Monaco is a small sovereign state located in Western Europe. The territory lies on the northern coast of the Mediterranean Sea and is completely enclosed by France.

Monaco is often regarded as a tax haven, and many of its inhabitants are wealthy and from foreign countries (including France), although they are not a majority.

Founded in 1866, Monte Carlo has a name of Italian origin meaning "Mount Charles", named in compliment to the prince then reigning, Charles III of Monaco. The specific mountain is the escarpment at the foot of the Maritime Alps on which the town stands.

This picture shows the main city/town of Montecarlo, famous for it's gambling, casinos, glamour and sightings of famous people. You can see many of the yachts, belonging to the rich and famous, which are moored here, year round.

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