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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Government reactivates financial support measures
Businesses that are suffering an economic loss under the fifth wave of the pandemic will once again receive assistance from the government.
This is the Prince’s new equal Cabinet
Prince Albert has chaired the first meeting of his new Cabinet headed by Laurent Anselmi at the Prince's Palace, unprecedentedly made up of half women, half men.
New A8 rest stop to have views and terraces
The days of the grotty Beausoleil rest stop are coming to a close on the A8, where renovations will transform underutilised space and offer high-end amenities.
Isabelle Berro-Amadeï is new Minister for Foreign Affairs
Ambassador for Belgium Isabelle Berro-Amadeï has been selected to replace Laurent Anselmi as Minister for Foreign Affairs and Cooperation, as Anselmi takes over as Prince Albert II’s Cabinet Head.
These are the workers who must present health pass from Monday
The Monaco government has released a full list of industries which will be affected by the new compulsory health pass for workers, which takes effect from Monday 17th January.
Barclays marks centenary year
Barclays Private Bank is this year celebrating its 100th anniversary of opening in Monaco and will mark the milestone by showcasing some of its precious mementos.
