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 moreInterview: Restaurant guru Riccardo Giraudi
Beefbar founder Riccardo Giraudi talks about his exciting new vegan venture, the Leafbar, while revealing what it takes to make it in an industry that is not for the faint of heart… or stomach.
Third of Blue Fund still available
It’s been revealed that €7 million is left in Monaco's Blue Fund, which means there is plenty of scope for local businesses to make a digital upgrade and have around half the cost covered by the...
Russian invasion: stocks take a hit and oil prices break $100 a barrel
Oil prices have topped $100 a barrel and stock markets took a tumble in the wake of the Russian invasion of Ukraine, with the rouble hitting an all-time low whilst “safe haven” currencies saw a...
Russia invades Ukraine as defiant Putin warns NATO, US
Russian troops launched a wide-ranging attack on Ukraine on Thursday, as President Vladimir Putin warned countries that any attempt to interfere would lead to “consequences you have never seen.”
European Commission condemns Russian aggression
Ursula von der Leyen has told the Munich Security Conference that Russia and China seek a “new era to replace the existing international order” as Russia builds up troops on Ukrainian borders.
Call for projects to encourage youth living around the Med
An initiative designed to build bridges between young people and NGOs in Mediterranean countries is making its third call for new ideas.