In 2009, French president Nicolas Sarkozy threatened to abdicate as French co-prince if the principality did not change its banking laws to eliminate its longstanding status as a tax haven.
He threatened the microstate knowing that this kind of independency can not survive without any ressources (industry, money, army, weapons, ...).
He threatened the microstate knowing that this kind of independency can not survive without any ressources (industry, money, army, weapons, ...).