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.
Read more
Principality braces for €500m deficit
Monaco’s budget deficit is set to top half a billion euros this fiscal year due to the Covid-19 crisis.
Monaco business supporting local entrepreneurs
As people across the globe adjust to new levels of isolation dictated by the Covid-19 pandemic, Equilibre Monaco is kicking off a new initiative to help local businesses stay afloat through these...
Amazon is out of action
Amazon has closed its six French distribution centres after a French court ruled that it was not doing enough to protect workers amid the coronavirus pandemic.
Fourth Joint Monitoring Committee meeting results
The fourth meeting of the Covid Joint Monitoring Committee between the Prince’s government and the National Council was held Wednesday, focusing on decisions made and to be taken in this next phase...
Interview: James Caan
Monaco Life Publisher Eric Brundage spoke to entrepreneur and television personality James Caan CBE about maintaining a “normal” working routine during lockdown.
Tourism taking a major hit
The fallout from the Covid-19 crisis on tourism in Monaco and the French Riviera could potentially be devastating to the local economies.
