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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New Ambassadors welcomed
Ambassadors from Jordan, Argentina, Benin and Nepal have been officially recognised by Prince Albert and the government of Monaco.
Inside the €103 million Lady Moura
One of Monaco’s most well-known superyachts, Lady Moura, has returned to its home port to continue the hunt for a new owner, a first in her 30-year history.
New head of Education Department
Isabelle Bonnal has been appointed the new Commissioner General for the Department of National Education, Youth and Sport in Monaco.
Finance specialists unite against corruption in Monaco
More than 150 public and private finance professionals have gathered to hear a progress report on Monaco’s fight against money laundering and corruption.
The future of diamonds
Diamond expert Alberto Vitale talks about Covid’s impact on the industry, how it historically sent down diamond prices, and the rise of transparency thanks to blockchain.
Finance ministers meet for climate change action
Monaco’s Jean Castellini has joined finance ministers across the globe in a meeting to foster economic growth strategies that take into account the environment and climate change.
