Monarchy of Monaco

The sovereign prince of Monaco (French: prince de Monaco; Monégasque: príncipe de Mónaco) is the monarch and head of state of the Principality of Monaco. All rulers from this family have used the name of the House of Grimaldi. This family has ruled Monaco for over eight hundred years, making it Europe's longest-ruling royal family.

When Prince Rainier III passed away in 2005, he was known as Europe's longest-reigning monarch. After his passing, Prince Albert II became the reigning prince in April 2005. Monaco remains a special and famous place because of its long history and unique royal family.

Powers of the prince

Monaco, along with Liechtenstein and Vatican City, is one of only three places in Western Europe where the ruler still helps with everyday decisions.

The Prince of Monaco works with the Constitution and laws. He speaks for Monaco with other countries, and any changes to the Constitution need both the Prince and the National Council to agree.

The Prince can start new laws, but the National Council votes on them. The Prince also has the power to say no to any law. The leader of the government and the Government Council answer to the Prince.

The Prince also has a role in the courts, where judges make decisions in his name. He also gives out special awards and titles for Monaco.

Compensation

The princely family of Monaco receives money each year from the country's budget. In 2015, this amount was €43.5 million.

Titles and styles

The Prince of Monaco is called "His Serene Highness." He also has many other important titles, some of which are given to family members. These titles were granted by France or the Papal States and can only be passed down through boys.

The Prince's main titles are: Sovereign Prince of Monaco, Duke of Valentinois, Duke of Estouteville, and Duke of Mayenne, among others. All letters and messages from the palace always use special words when talking about the prince.