Business & Finance
Monaco’s €660 million yachting boom outpaces wider economy
New figures show the considerable economic weight of yachting in Monaco, with growth driven particularly by yacht brokerage, specialist technical services and an expanding network of businesses supporting the international superyacht industry.
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Heat and drought push French wine production towards 30-year low
French wine production is forecast to fall to 33.9 million hectolitres after record heat and drought, although grape quality may offer some hope.
Thierry Lacoste, Prince Albert II’s former lawyer, charged in Monaco corruption inquiry
Thierry Lacoste, the former lawyer to Prince Albert II, has been charged in Monaco with criminal conspiracy, bribery, influence peddling and money laundering. He disputes the allegations.
Julius Baer’s Monaco arm fined €1.5m over money-laundering failings
Julius Baer's Monaco wealth arm has been fined €1.5 million for serious anti-money-laundering failings, the latest sanction as Monaco's regulator steps up enforcement to exit the FATF grey list.
Prince Albert II calls for stronger multilateralism as Monaco hosts Council of Europe ambassadors
With war and distrust testing Europe, Prince Albert II told representatives of 46 nations that no country can respond alone as Monaco hosted the Council of Europe’s decision-makers.
Annabelle Jaeger-Seydoux appointed new director of MonacoTech
Annabelle Jaeger-Seydoux takes over as director of MonacoTech, succeeding Chloé Boscagli to lead the Principality's startup incubator.
The €5.2 billion industry Monaco doesn’t talk about
Wholesale trade generated €5.2bn in Monaco in 2025, over a quarter of the non-financial economy and its largest sector by revenue, proving more resilient than the wider economy despite a 3.1% dip.
