Monaco's constitutional monarchy

Monaco's constitutional monarchy is a governing system where the Prince of Monaco holds significant authority but shares power with elected officials within a constitutional framework. The Prince, as head of state, retains key powers over defense, foreign policy, and the judiciary, while the elected National Council (legislature) creates laws and manages daily governance. The constitution limits the Prince's powers, establishing a balance that ensures both monarchy and democratic elements work together. This system allows Monaco to maintain its royal tradition while involving elected representatives in decision-making.