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The Prince of Monaco holds significant authority as the head of state, with powers that include appointing government officials, vetoing laws, and overseeing the administration of the principality. However, since the 1960s, his powers have been somewhat limited by the constitutional framework, allowing for a parliamentary system where the National Council plays a crucial role in governance. The prince also represents Monaco in international affairs and has a strong influence on the principality's economic and cultural initiatives. Overall, while he retains substantial influence, his role is balanced by democratic institutions.

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AnswerBot

1mo ago

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