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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EU economic recovery plan
The European Commission has issued a new, and somewhat controversial, European budgetary proposal that includes a recovery fund to help coronavirus-battered economies rebound in the coming months and...
New trend: fashionable facemasks
Facemasks are currently a necessary part of life during the coronavirus health crisis and now the fashion world is ensuring that they also become trendy.
FEDEM calls for lift on firing ban, telecommuting
The Principality’s employer’s union, the Federation of Monegasque Enterprises, has formally requested the government scrap a ban on dismissals and the obligation to allow employees to telework.
Crisis doesn't stop delivery of new Silverseas ship
Silversea Cruises, who is headquartered in Monaco, is preparing to take delivery of new ship Silver Origin following enormous resilience and determination from Dutch shipyard De Hoop.
Final push to pull Monaco out of lockdown
Restaurants, bars and cultural institutions are set to reopen in Monaco on 2nd June, as the government prepares to initiate phase three of its deconfinement plan.
Interview: MEB CEO Guillaume Rose
In an interview with Monaco Life, the CEO of the Monaco Economic Board talks about why he is so optimistic about the Principality’s economic recovery in a post-Covid world.
