Recent Events and Developments in Monaco
In 1993 Monaco becomes the member of United Nations. It?s smallest.
In 2002 April Monaco revised its constitution and a new succession law is passed. This law is framed out in such a manner that Grimaldi family remains on the throne in spite of Crown Prince Albert father?s no natural successor.
In 2002 August In order to double the port consignment Monaco adopted huge floating seawall long its coast.
2005 April Prince Rainier dies at the age of 81. In July Prince Albert is sworn in as head of state. A cathedral ceremony in November completes the formal succession.
2008 December Due to financial crisis and environmental concern Monaco drops its ambitious plan of land expansion through sea reclamation.
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