As its ruler Prince Rainier turns 80, the tiny principality of Monaco has changed its inheritance laws. The new amendment, passed on April 2, means the siblings of Rainier’s only son, Prince Albert, are eligible to accede to the throne should the crown prince die childless.
Albert, who remains a bachelor at age 43, is still next in the line of succession. Should he not have any children, however, power can now pass from him to Princesses Caroline and Stephanie, and through them to their children.
Under Monaco’s previous constitution, had Albert become reigning prince and died without heirs, the principality would have lost its independence and become a part of France, in line with a 1918 treaty between the two countries. The family’s ancestors have ruled Monaco since 1297.
Two years ago Prince Rainier - who has reigned in Monaco for 53 years - spoke in an interview of his desire to step down in favour of his son, saying: “I do not want to hang onto my function for life.” There were caveats, however. “Prince Albert has all the qualities to become one day the next sovereign prince. But, beforehand, I would like him to have an heir, because that is essential for the future of the principality, and of our family.”
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Photo: © Alphapress.com
Photo: © Alphapress.com
