Business & Finance
What Monaco’s record-breaking GDP per employee really says about its economy
Monaco’s economy generated €152,277 per employee in 2024. But behind the headline figure is a story of sector strength, talent concentration, and a business model built for high-value productivity.
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Banque Havilland Monaco takeover complete, rebranding as Moncrief Private Bank
Banque Havilland (Monaco) SAM is set to relaunch under a new name following its acquisition by a group of international investors. The financial institution will rebrand as Moncrief Private Bank...
Hundreds affected after Monaco travel agency collapses, leaving cruise passengers stranded
Hundreds of customers have been left out of pocket after Monaco-based travel agency Star Croisières filed for cessation of payments on 1st August, leaving cruise passengers unable to board trips...
Monaco establishes diplomatic relations with the Federated States of Micronesia
Monaco has formalised diplomatic ties with the Federated States of Micronesia, marking the 163rd state with which the Principality has established official relations.
Monaco leads the world in UHNW density as global luxury property map shifts in 2025
New insights from Altrata’s Residential Real Estate 2025 report reveal that the global ultra-wealthy elite are becoming more mobile, strategic, and city-savvy – and Monaco remains a standout with...
EU–US trade deal sparks outrage as 15% tariff hits European exports
While framed as a strategic necessity to avoid harsher sanctions from Donald Trump, critics warn the agreement could severely impact European industry — with Monaco’s high-value exports among the...
Christophe Mirmand meets Monaco’s key institutions in series of protocol visits
Newly appointed Minister of State Christophe Mirmand has begun a series of official visits to Monaco’s core institutions as part of his first days in office, meeting with political, municipal and...
