The government has strengthened economic aid for businesses hard hit by the Covid health crisis, guaranteeing further support for the first quarter of 2021.
At a press conference on Friday, Minister of Finance and the Economy Jean Castellini and Welcome Office Director Laurence Garino presented the additional support measures for companies most affected by the pandemic.
“Even if the Monegasque economy has held up rather well, the aid and support measures for sectors in difficulty must be maintained and adapted to the context,” said the finance minister. “Therefore, nearly 150 million euros, entered in the 2021 budget, will help support economic players for immediate aid and, in the long term, to support the recovery.”
The new measures, developed in consultation with the National Council, include a reduction of the eligibility threshold for loss of turnover to 40% from 50%, and an increase in the share of the monthly rent (excluding charges) to 80%.
For specific tourism sectors, such as snack bars, restaurants and events companies, the “special allowance” has increased to €2,500 per month for the first quarter of 2021.
Additional financial assistance of maximum of €15,000 will be given to restaurants who are now forced to dismantle their terraces for the installation of the Monaco Grand Prix circuit and grandstands.
Meanwhile, the government is extending the repayment period for loans guaranteed by the State to 84 months, including 24 months deferred.
Welcome Office Director Laurence Garino said the economic recovery plan also includes boosting the commercial attractiveness of Monaco, particularly on international platforms, as well as the Monaco Boost business incubator.
Month: February 2021
Monaco puts saliva tests … to the test
Saliva tests, a less invasive way to screen for Covid-19, have arrived in the Principality and are currently being trialled at the National Screening Centre. The government is hoping as many people as possible will take the test, not only to boost screening in the Principality, but to help determine whether the tests actually work.
Health authorities began using the oral test on 18th February at the Espace Léo Ferré, Monaco’s screening headquarters.
However, the testing method is still in the early stages and authorities are yet to determine whether a swab taken from the mouth is as effective as a swab taken from the nose in detecting Covid-19.
So, the government is encouraging as many residents as possible to take the saliva test so it can analyse the data and determine its reliability.
Patients who voluntarily present themselves to the National Screening Centre are invited to take three tests to be a part of the study. In addition to the gold-standard PCR test, two oral tests are being performed, and both involve pain-free swabs of the inner cheek to collect cells.
One sample is sent to the Scientific Centre for analysis, like a PCR test. The second sample is analysed on site, like an antigen test.
This particular saliva test was developed by Starck, a Monegasque company specialising in dental prostheses and implants.
All three tests are completed in about 20 minutes.
To take part in the study, patients must be a contact case or symptomatic. So far, 150 people have taken part and scientists estimate that at least 1,500 tests will have to be analysed before any conclusions are drawn about the test’s effectiveness. If the saliva tests hold up, they are likely to be rolled out on a larger scale.
More than 5,000 people are tested each week in Monaco, the majority of which are PCR tests, while just over 1,000 are antigen tests.
According to Health Minister Didier Gamerdinger, around half of these tests are administered to employees.
Authorities are hoping everyone returning from vacations abroad will get tested upon re-entry to the Principality. Those who took a PCR test before leaving on holiday will receive a message reminding them of their responsibility to get tested again upon their return.
Photos by Stephane Danna / Government Communication Department
Macron raises idea of “health pass”
French President Emmanuel Macron will hold a meeting with his government next week to discuss a new Europe-wide “health pass” designed to help reopen the country and EU borders for tourism.
Staying far away from the dreaded term “vaccination passport”, President of France Emmanuel Marcon proposed on Thursday the idea of a “health pass” in order to get the country up and running again safely in the coming months.
CDI tells youth that there are jobs to be had
Photo by Michael Alesi / Government Communication Department
Yacht Club offering course on cybersecurity
The YCM’s La Belle Classe Academy is offering online training courses to help in the battle against cyberattacks being carried out on superyachts.
La Belle Classe Academy is helping yacht owners and their crews stop cyberattacks on their vessels through a new two-course programme at the Yacht Club of Monaco’s (YCM) training centre. The course is being run by engineer and partner at Xperys, Alexandre Bayeux, and teaches crew how to “arm themselves with essentials on how to manage cybersecurity and protect their yacht.”
Since the start of 2021, cybersecurity has fallen under the jurisdiction of the International Safety Management (ISM) Code. This means that cyber risks must be incorporated in general safety management systems on all vessels.
The International Maritime Organisation (IMO) has published its own ‘Guidelines on Maritime Cyber Management Risk’ giving recommendations aimed at protecting vessels from the latest cyber threats. To anticipate the dangers and protect the yacht from risks, it is important for crew to be able to understand, identify, analyse and evaluate them.
As 95% of cybersecurity breaches come down to human error, it is imperative that the solutions are accessible to all, not just the tech savvy. Participants, therefore, are not required to have computer or cybersecurity skills. They will be schooled in three main areas: technology, the human factor, and organisation.
The three-pronged approach will help those taking the course to understand and put into practice the new IMO regulations through case studies that will give examples of loopholes and weaknesses that cybercriminals can exploit and show crew members how to be efficient first-lines of defence.
“The idea is to give them the keys to detect flaws or a hacking attack in preparation. There are no miracles, but very regularly leaks or hacks are quite crude and you need to know how to listen and identify them,” says Alexandre Bayeux.
The session will also be an opportunity to work on how to behave in the event of suspected or proven attacks. “A well prepared criminal will exploit surprise, fear and hasty reactions to increase the victim’s vulnerability,” the course’s instructor goes on to say.
The first course, called ‘Cybersecurity essentials for a yacht, will be held on 25th March in French and 1st April in English. The second course, ‘How to manage the crew and suppliers: first line of cyber-defence on a yacht’ is in English only and will be held on 15th April. Each class lasts three hours and costs €150.
Photo by Jefferson Santos on Unsplash
Monaco to strengthen border checks
As French Riviera towns prepare to go into lockdown this weekend, police in Monaco will be stepping up controls at all road, rail and air entry points to ensure that everyone is playing by the rules.
During a press conference on Wednesday, Minister of State Pierre Dartout said that Monaco will not be following the Alpes-Maritimes in imposing a weekend lockdown, however it will step up surveillance measures.
Therefore, for the weekend starting 6pm Friday 28th February, and the following weekend starting Friday 5th February, the public will notice a much stronger police presence at all entrance points into the Principality – on roads, the train station and even the heliport.
“There will be increased controls to ensure there is no escape from the rule,” said the minister.
While Monegasque residents are not under weekend lockdown, Pierre Dartout strongly discouraged citizens from travelling to the neighbouring French department which has an incidence rate three times the national average.
As a result, it was announced this week that the Alpes-Maritimes would be placed under partial lockdown for the next two weekends. The travel ban applies to all of Monaco’s neighbouring French towns including Beausoleil, Cap d’Ail, Castellar, Eze, Gorbio, La Turbie, Menton, Roquebrune-Cap-Martin and Sainte-Agnès.
On Thursday, it was announced that Dunkirk had been added to the list of places to go into lockdown this weekend. In total, 1.5 million people are affected, 1.1 million of those are in the Alpes-Maritimes alone.
Photo by Yevhenii Dubrovskyi on Unsplash