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.
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Monaco voices solidarity with Ukraine at special UN meeting
Monaco’s Permanent Representative to the UN has spoken out at an emergency session, condemning the aggressive acts of the Russians on Ukrainian soil, as per the sentiment of the Monegasque...
Monaco Foundry partners with Olam Ventures
Monaco Foundry has joined forces with Olam Ventures, the first global incubator for student entrepreneurs.
MonacoTech welcomes six new start-ups for 2022
Get to know the new projects that business incubator MonacoTech has selected to support and nurture this year, which range from an algorithm that detects cancer to hybrid powertrains.
Red Cross collecting donations for Ukraine
The Monaco Red Cross is appealing to the population to help the people of Ukraine both inside the country and those who have been forced to flee to neighbouring nations.
How Monaco has reacted to Russia’s war on Ukraine
The Diocese of Monaco has called for prayers and donations, while Monaco’s minister of state has revealed Russian oligarch’s funds are being frozen in the Principality.
Russia’s war on Ukraine: latest developments
EU leaders announced tough new sanctions on Russia on Sunday, closing the entire EU airspace to Russian planes, including private jets, and banning Russian state media outlets RT and Sputnik.
