Business & Finance
Monaco’s GDP doubles in a decade: which industries are fuelling the Principality’s growth?
Monaco’s economy has almost doubled in size over the past decade, with GDP soaring from €4.94 billion in 2013 to €9.24 billion in 2023, according to the latest IMSEE data. This rapid growth, in stark contrast to slower recoveries across Europe, positions the Principality as an economic powerhouse driven by high-value industries.
Read more
Tourism sector reports good 2021 recovery
A report on Monaco’s tourism and congress industry shows strong recovery in 2021, but still far behind 2019 levels. Meanwhile, focus is now on rebuilding the business tourism sector.
Terrace fee reprieve continues
As part of Monaco's economic support measures, the Prince's Government and the Town Hall are once again covering the costs of operating terraces for shops and restaurants during Q1 2022.
CSM newest member of Global Virus Network
The Scientific Centre of Monaco has been awarded a spot on the prestigious Global Virus Network, a conglomerate of experts from 37 countries who work with every class of virus that causes human...
AS Monaco enters into partnership with NFT agency
AS Monaco became the first club in Ligue 1 to step into the metaverse by signing a partnership with Capital Block, a move designed to strengthen its NFT strategy.
Monaco comes to the aid of drought-stricken Madagascar
Building on two decades of support, Monaco has signed a new cooperation agreement with Madagascar that will help support the country during its worst drought in four decades.
A decade of Committed Commerce for the environment
A meeting this week marked 10 years since the start of a Monegasque programme aimed at making local entities more environmentally aware, specifically by targeting C02 emissions and waste reduction.
