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Standard Italian is also a major language in Monaco. Italian nationals make up 19% of the total population. [1]Italian was the ancestral language of the ruling House of Grimaldi, and was the official language of Monaco until 1860, when it was replaced by French. [2]
In 1793, Monaco was annexed by France and by 1805, decrees from Napoleon, Emperor of the French, imposed French language instruction and limited the use of other languages. The Grimaldis reestablished a sovereign principality in 1814, but maintained French as the only official language though Italian and Monégasque remained national languages.
In 1962, Monaco's refusal to impose a tax on both its residents and international businesses caused problems in relations. However, it was resolved with an agreement that French citizens with less than five years of residence in Monaco and companies doing more than 25 percent of their business outside the country would be taxed at French rates.
Founded in 1986, the International University of Monaco (IUM) (French: Université internationale de Monaco) is located in the Principality of Monaco.It offers undergraduate and graduate degrees in business specialized in finance, marketing, sport business management and international management, taught in English.
Monaco, [a] officially the Principality of Monaco, [b] is a sovereign city-state and microstate on the French Riviera a few kilometres west of the Italian region of Liguria, in Western Europe, on the Mediterranean Sea. It is a semi-enclave bordered by France to the north, east and west.
Monaco, officially the Principality of Monaco, is a sovereign city-state and microstate on the French Riviera a few kilometres west of the Italian region of Liguria, in Western Europe, on the Mediterranean Sea. It is a semi-enclave bordered by France to the north, east and west.
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