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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Who makes up Monaco's public service?
The number of cross-border workers employed by the government is increasing, with more than 53% of all civil servants in 2020 coming from France, according to the latest report by IMSEE.
How did Covid impact the yachting industry?
The yachting industry has managed to weather the pandemic storm, at least in the brokerage market and new builds.
Presenting four new ambassadors for Monaco
The Principality has officially received new ambassadors from Germany, Sweden, Cambodia and the United Arab Emirates.
Understanding bitcoin and the great crypto boom
In our Q&A with Daniel Coheur, co-founder of Tokeny in Monaco, we explore what is behind the monumental rise of bitcoin and the paradigm shift from centralised to decentralised finance.
New initiative for ‘Monaco, Yachting Capital of the World’ concept
Four Monaco-based entities are joining forces to promote sustainable yachting through education, shared values and networking opportunities.
Three-day test clearance continued
The government has extended the support it will provide for employees in self quarantine for three days as they await the results of a PCR test.
