Albert II, Prince of Monaco
As Monaco's head of state, Prince Albert II is depicted on coins, including collectors' coins, with very rare exceptions. One of the most recent examples is the €5 silver Prince Albert II commemorative coin, the first commemorative coin with his effigy on it, minted in 2008. On the obverse, the prince is depicted in profile with his name on the top of the coin. On the reverse, the Grimaldi coat of arms appears; around it, the words "Principauté de Monaco" (Principality of Monaco) also appear along with the nominal monetary value of the coin.As the prince, his official shortened title is "His Serene Highness Albert II, Sovereign Prince of Monaco"; this does not include the many other styles claimed by the Grimaldi family.
Monaco
Under the 1962 constitution, the prince shares his veto power with the unicameral National Council. The 24 members of the National Council are elected for five-year terms; 16 are chosen through a majority electoral system and 8 by proportional representation. All legislation requires the approval of the National Council, which is currently dominated by the conservative Rally and Issues for Monaco (REM) party which holds 20 seats. Union Monégasque holds three seats while Renaissance holds one seat. The principality's city affairs are directed by the Communal Council, which consists of 14 elected members and is presided over by a mayor. Unlike the National Council, councillors are elected for four-year terms, and are strictly non-partisan; however, oppositions inside the council frequently form.