Monegasque vs European

Monegasque and European both are nouns.

Word	Noun	Adjective	Verb	Adverb
Monegasque	Yes	Yes	No	No
European	Yes	Yes	No	No

As nouns, European is a hypernym of Monegasque; that is, European is a word with a broader meaning than Monegasque:

Monegasque (noun)	European (noun)
a native or inhabitant of Monaco	a native or inhabitant of Europe

Monegasque (adjective)	European (adjective)
of or relating to or characteristic of Monaco or its people	of or relating to or characteristic of Europe or the people of Europe