Business & Finance
Christophe Mirmand appointed Monaco’s new Minister of State amid efforts to restore political continuity
Christophe Mirmand will be sworn in as Monaco’s new Minister of State on 21st July, marking a return to stability after months of political transition and the sudden withdrawal of his predecessor.
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GDP per employee was €106,719 in 2020
Monaco’s GDP fell by a significant 11.8% last year as Covid took its grip on the Principality, according to a new report by statistics group IMSEE.
Simplifying customs in a post-Brexit world
A new customs office has been inaugurated on Port Hercule and Franzosini Monaco has become the first to be granted customs clearance declarant permission in Monaco.
Supporting a circular economy this Christmas
Carlo, the app that rewards buyers for local purchases, will be again offering gift vouchers to employers who wish to give their workers an end of year treat this holiday season.
Monaco start-up secures €3.7 million in funding
Monaco start-up YouStock has reached a major milestone with three major new investors, giving them the capital to expand not only in France, but also internationally.
Government unveils outline of 2022 budget
Minister of State Pierre Dartout has presented the Principality’s 2022 primitive budget, citing a positive balance and a “clear improvement” in the overall economic situation.
Francesco Grosoli: "We need to reverse the classic paradigm"
We talk to Francesco Grosoli, CEO of CMB Monaco, about the bank’s ambitious transformation plan and catering to the new generation of HNWIs.
