Foreign policy and defense
For Monaco, relations with France are of
paramount importance. France is responsible for Monaco's
defense and has promised to protect its independence.
Monaco is not a member of the EU, but uses the euro and
is largely financially integrated with the EU through
its customs union with France.
The economic union with France also regulates postal
services, telecommunications and banking.
Overview of business holidays and various national observances in Monaco for years of 2020, 2021, 2022, 2023, 2024 and 2025.
However, the relationship with France has not been
problem-free. France has criticized Monaco for doing too
little to stop economic crime in its territory while
Monaco wants to reduce French influence over its
To mark its independence vis-à-vis mainly France and
Italy, Monaco joined the UN in 1993 and participates in
several other international organizations. In 2004,
Monaco became a full member of the Council of Europe.
The following year, France and Italy opened the first
embassies ever in Monaco. The Principality has
diplomatic relations at consular level with some 50