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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Meet Monaco’s new Controller General of Public Security
Richard Marangoni has been appointed as the new Controller General of Public Security, being promoted after five years as Director where he oversaw massive reforms in the department.
Nice airport turnover halved in pandemic year
French Riviera airports suffered losses of €132 million in 2020 after accommodating only a quarter of their normal international flights due to the global pandemic.
The force of the pandemic, in numbers
The full impact of Covid-19 on the economy has been laid out and it shows that the biggest blows were delivered to the hotel and restaurant sector, which effectively had its turnover halved by the...
MEB has “encouraging” e-mission to India
The Monaco Economic Board went on a virtual visit to India recently where the two countries made significant contacts and formed bonds that showed strong business potential.
After digital, Monaco is “banking” on sustainable finance
Monaco is looking to capitalise on a global movement towards sustainable investment and secure its position as a financial heavyweight while helping to save the environment.
France-Monaco meeting tightens cooperation
Monaco has asked to be considered part of any vaccine passport scheme that the EU puts in place, it was announced at the annual France-Monaco Cooperation Commission meeting.
