Business & Finance
Behind the boom: What fuelled Monaco’s job market surge in 2024
More than 3,000 jobs were created in Monaco in 2024 – a remarkable figure for a territory smaller than London’s Hyde Park. But what’s really behind this burst of economic energy?
Read more
Monaco Telecom signs tower purchase deal
Monaco Telecom and Phoenix Tower International have signed an agreement for the purchase of over 800 wireless towers across Malta and Cyprus, boosting the company's 5G and fibre capabilities.
SBM and unions reach deal over job losses
After five months of negotiation, Société des Bains de Mer, Monaco’s largest employer, has reached an agreement that will result in over 200 voluntary retirements and four forced retirements.
Parking increase on hold
The government is suspending a controversial rise in public car parking fees amid claims the move goes against Monaco’s green vision.
Wealth Report 2021: the results are in
How deep do your pockets need to be to join the wealthiest 1% in Monaco? What will the biggest influences on wealth creation be in 2021? We look at the latest Wealth Report to find out.
Owners of two or more cars targeted in price hike
The government is cracking down on car owners who leave their cars parked in public lots for extended periods without moving them by hiking rates up by €60 a month.
Financial aid extended
The government has strengthened economic aid for businesses hard hit by the Covid health crisis, guaranteeing further support for the first quarter of 2021.
