Official Name: Holy See
Status: Analogous to a sovereign state
Sovereign Territory: Vatican City
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Holy See (Vatican)
The Vatican is a country with a city whose capital is the Vatican City, and one of the attractions of this beautiful European city is that it is located within another city, it should be noted that the Holy See, which is the smallest independent state in the world, is about It covers an area of 44 hectares and is home to about 800,000 people. The most famous church in the world, designed by Michelangelo, is also located in the Vatican, a city that is religiously sacred to Catholics around the world. Only for Catholics is it important for all Christians, just as Mecca is important for Muslims, the Vatican is important for the followers of Christianity.
In 1929, the Pope’s Office and the President of Italy sign a treaty, establishing the Vatican. It is only a 20-minute walk from Navona Square in Rome to the Vatican. The main economy of this country is stamps, coins, medals and tourist photos. Gross fixed capital formation in this country was initially difficult for the government, but today there is a 9% growth in this area. Vatican City’s growth in banking has been excellent, banking in such a way that one can form the right banking advantages.
Vatican banking is such that a person can invest in government projects through the bank, and the economic benefits are pursued seriously in this regard, although the country’s banks follow the principles of capital professionally. Construction status is also assessed periodically on the basis of a 2% economic correctness. Gross domestic product from construction in the country has grown by 3%. GDP situation in the Vatican is also estimated at 2%. Electricity production in the country has generally increased by 3%.