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RAINIER HAS REIGNED 40 YEARS

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Monaco is already celebrating the 40th anniversary of Prince Rainier`s reign. Early celebrations kicked off Tuesday with the opening of an exposition commemorating Rainier's accomplishments. The three-day celebration also included an outdoor public mass and a gala reception in front of Rainier's pink palace. Rainier, who is credited with freeing Monaco from its dependence on gambling, ascended to the throne on Nov. 19, 1949, following the death of his grandfather, Prince Louis II.