Prince's Palace of Monaco Prince's Palace of Monaco The Prince's Palace of Monaco is the official residence of the Sovereign Prince of Monaco. Built in 1191 as a Genoese fortress, during its long and often dramatic history it has been bombarded and besieged by many foreign powers. Since the end of the 13th century, it has been the stronghold and home of the Grimaldi family who first captured it in 1297. The Grimaldi ruled the area first as feudal lords, and from the 17th century as sovereign princes, but their power was often derived from fragile agreements with their larger and stronger neighbours. Thus
Crown Council of Monaco legislative power, the Prince must consult it before signing international treaties, dissolving the National Council, naturalizing citizens, or making certain other executive decisions. At the end of March 2005, the Crown Council carried out what may have been one of its most far-reaching acts. Prince Rainier, the Sovereign since 1949, had for some weeks been seriously ill in hospital in Monaco and the Crown Council established that Rainier was temporarily incapable of ruling. (During the period of Rainier III's incapacity, his doctors in Monaco were agreed that his ill health showed little signs of improving and, agreeing with eminent Parisian