Business & Finance
Monaco GDP surpasses €10 billion for first time
Monaco’s GDP rose to €10.28 billion in 2024, a record-breaking year driven by strong gains in financial, scientific and retail sectors, according to the latest figures published by IMSEE in November.
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Q2 stats reveal record-busting revenues for Monaco
Revenues rose 21% in Q2 of 2022 to reach a record-high of €8.7 billion, and that’s not counting Financial and Insurance activities. Here are some other standout figures from the latest IMSEE...
A busy few months ahead for MEB members
The Monaco Economic Board (MEB) returned to work on Tuesday after the summer holidays for its 42nd Members Rendezvous, looking ahead to the many events planned between now and the end of the year.
Installations for the MYS begin, disruptions planned
The enormous set up for the Monaco Yacht Show is now underway, but with the prep comes a few minor inconveniences such as street closures and parking bans. Here’s more on the affected areas.
Verstappen wins in Monza, Leclerc takes second
Red Bull’s Max Verstappen overcame a five-place grid penalty to win the Italian GP on Sunday in a highly strategic race as Ferrari let it slip on their home turf.
Violence mars Nice’s Europa Conference opener
Monaco Life Journalist Luke Entwistle describes the chaotic scenes inside the Riviera Stadium between OGC Nice’s Ultras and the travelling FC Köln fans that led to 32 injuries, one seriously.
ECB announces record rate hike to fight inflation
The European Central Bank on Thursday raised its key interest rates by an unprecedented 75 basis points to fight runaway inflation.