One of several new venues on the 2017 FIVB Beach Volleyball World Tour calendar, the Principality of Monaco in Europe will host a women’s only FIVB one-star event to be held June 17-18. It will be the first time that a FIVB international event of either gender has been held in Monaco.
The Principality of Monaco is a sovereign city-state and microstate, located on the French Riviera in Western Europe. France borders the country on three sides while the other side borders the Mediterranean Sea.
Monaco has an area of 2.02 km2 (0.78 sq mi) and a population of about 37,800; it is the second smallest and most densely populated country in the world. Monaco has a land border of 4.4 km (2.7 mi), a coastline of 4.1 km (2.5 mi), and a width that varies between 1,700 and 349 m (1,859 and 382 yd). The highest point in the country is a narrow pathway named Chemin des Revoires on the slopes of Mont Agel, in the Les Revoires Ward, which is 161 metres (528 feet) above sea level.
Prince Albert II is the head of State. Although Prince Albert II is a constitutional monarch, he wields immense political power. The House of Grimaldi has ruled Monaco, with brief interruptions, since 1297. The official language is French, , but Monegasque, Italian and English are widely spoken and understood. Monaco became a full United Nations voting member in 1993. Despite Monaco's independence and separate foreign policy, its defense is the responsibility of France. However, Monaco does maintain two small military units.
Economic development was spurred in the late 19th century with the opening of the country's first casino, Monte Carlo, and a railway connection to Paris. Since then, Monaco's mild climate, scenery, and gambling facilities have contributed to the principality's status as a tourist destination and recreation center for the rich.
The state has no income tax, low business taxes, and is well known for being a tax haven. It is also the host of the annual street circuit motorsports race the Monaco Grand Prix, one of the original Grand Prix of Formula One.