- One must be a fox in order to recognize traps, and a lion to frighten off wolves. Machiavelli Niccolo
Squeezed into just 200 hectares (2.8 sq km), this confetti principality might be the world’s second-smallest country (the Vatican is smaller), but what it lacks in size it makes up for in attitude. Glitzy, glam and screaming hedonism, Monaco is truly beguiling.
Although a sovereign state (Monaco has its own flag and national anthem), the principality's status is unusual. It is not a member of the European Union, yet it participates in the EU customs territory (meaning no border formalities crossing from France into Monaco) and uses the euro as its currency. Citizens of Monaco (Monégasques) don’t pay taxes. The traditional Monégasque dialect is, broadly speaking, a mixture of French and Italian.