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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Local craft brewer gets creative during crisis
When Blue Coast was thrown a curve ball in the form of Covid-19, the team knew they had to get creative in order to withstand the coronavirus shock. Interview: Daniel Ricciardo and Celina Eude.
Interview: Mike Powers on the property market in Monaco
Monaco remained the most expensive luxury residential market in the world in 2019, but how much has Covid-19 impacted that position? We speak to luxury realtor Mike Powers for his perspective.
New senior appointment at Barclays Monaco
Barclays Private Bank has strengthened its team with the appointment of Olivier Franceschelli, who joins as Head of Private Banking in Monaco.
National Council calls for extention of recovery plan
With the worst of the health crisis behind us, the National Council and the government are looking to jumpstart the economy through continued financial aid and cautious continued reopenings.
Taking charge of €10 billion wedding industry
When Covid-19 stepped in, luxury wedding planner Muriel Saldalamacchia stepped up, developing protocols to help the government lift a ban on weddings and eventually restore a €10 billion industry.
The currency of Covid: money stress
According to research conducted by the investment management company Blackrock, money is our number one source of stress. Add a pandemic to the mix and it’s not difficult to see why so many of us...
