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Political conflict did not, however, prevent the city's rise to become one of the most powerful and prosperous in Europe, assisted by its own strong gold currency. The "fiorino d'oro" of the Republic of Florence , or florin , was introduced in 1252, the first European gold coin struck in sufficient quantities to play a significant commercial ...
The city of Florence was established in 59 BC by Julius Caesar. Since 846 AD, the city had been part of the Marquisate of Tuscany. After Margravine Matilda of Tuscany died in 1115, the city did not submit readily to her successor, Rabodo (r. 1116–1119), who was killed in a dispute with the city.
Florence plays an important role in Italian fashion, [12] and is ranked in the top 15 fashion capitals of the world by Global Language Monitor; [14] furthermore, it is a major national economic centre, [12] as well as a tourist and industrial hub.
The Duchy of Florence (Italian: Ducato di Firenze) was an Italian principality that was centred on the city of Florence, in Tuscany, Italy.The duchy was founded after Pope Clement VII, himself a Medici, appointed his relative Alessandro de' Medici as Duke of the Florentine Republic, thereby transforming the Republic of Florence into a hereditary monarchy.
The Medici became the town's leading family, a position they would hold for the next three centuries. Florence organized the trade routes for commodities between England and the Netherlands, France, and Italy. By the middle of the century, the city had become the banking capital of Europe and thereby obtained vast riches. [32]
Lorenzo's grandfather, Cosimo de' Medici, was the first member of the Medici family to lead the Republic of Florence and run the Medici Bank simultaneously. As one of the wealthiest men in Europe, the elder Cosimo spent a very large portion of his fortune on government and philanthropy, for example as a patron of the arts and financier of public works. [7]
The House of Medici (English: / ˈ m ɛ d ɪ tʃ i / MED-itch-ee, UK also / m ə ˈ d iː tʃ i / mə-DEE-chee; [4] Italian: [ˈmɛːditʃi]) was an Italian banking family and political dynasty that first consolidated power in the Republic of Florence under Cosimo de' Medici and his grandson Lorenzo "the Magnificent" during the first half of the 15th century.
The following is a timeline of the history of the city of Florence, Tuscany, Italy. The earliest timeline of Florence, the Annales florentini , was created in the 12th century. This is a dynamic list and may never be able to satisfy particular standards for completeness.