Business & Finance

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France: Silver lining amid massive GDP plunge

France suffered the worst economic recession since WWII in 2020, far surpassing the 2.2% contraction of 2009. But activity held up better than expected during the second lockdown.

Geneva closes probe into Rybolovlev's art complaint

Swiss prosecutors have dropped a case brought by Dmitry Rybolovlev, president of AS Monaco, against an art dealer he accused of swindling him out of hundreds of millions of euros.

Top-tier property market remains strong

New research has shown that the French Riviera and Monaco rank highest for the most expensive properties, confirming it as the most prestigious property pocket in the world.

Monaco-ville 'villa' sells for €75 million

Villa Unda Maris, situated just metres from the Oceanographic Museum on the Rock, has gone under the gavel and achieved an eye-watering sale price of €75,300,000.

What will the EU’s recovery look like?

The European Union is about to roll out its biggest stimulus package ever seen as focus turns from Covid testing and vaccination to economic recovery.

How many workers in Monaco are female?

Women made up 41% of the workforce in large companies in 2019 and the majority were French. These are just some of the findings to come out of the latest report by IMSEE.