Business & Finance
The story behind CFM Indosuez: the oldest and largest Monegasque bank
Over a century ago, a group of Monegasque entrepreneurs created a bank to finance the local economy. Today, it remains the largest bank with 400 employs. But who really is CFM Indosuez, and why the sudden stepping out of the shadows?
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Amazon extends warehouse closures
Amazon announced Monday that they would keep distribution centre doors shut until 5th May after a judge in France rejected their appeal restricting deliveries during the Covid epidemic.
Government outlines plan to de-escalate lockdown
Health Minister Didier Gamerdinger has revealed more details of the government’s plan for returning life back to “normal” after confinement, including the availability of cheap masks for...
Government deficit means belt tightening in 2020
The vote by the National Council on Wednesday night to amend the 2020 budget includes the “exceptional and historic” step of implementing a deficit - something not seen in the Principality since...
Interview: Dr. Kostadin Yanev, creator of Activ5
While the crisis has been catastrophic for the physical fitness industry, it has provided the digital fitness industry with fertile ground to penetrate the market and establish itself as a long-term...
New Trade Figures show weak forecasts
A new report by IMSEE shows trade figures declined in 2019, and experts warn that the current forecasts are likely to see much steeper drops for 2020 than previously predicted.
The €500 million cost of Covid-19
Here is a breakdown of what Monaco’s exceptional 2020 budget looks like and where the €500 million in crisis money is going.
