No, Monaco is not an absolute monarchy. While the Prince of Monaco holds significant political power, the country has a constitutional monarchy with a parliamentary system of government. The Constitution of Monaco outlines the division of power between the Prince and an elected National Council. The Prince has the authority to veto legislation passed by the National Council, but the Council can override the veto with a two-thirds majority vote. Additionally, the Prince must act in consultation with the Council for certain executive actions. Therefore, while the Prince of Monaco holds a prominent position in the country, they do not rule with absolute power.
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