Business & Finance
What Monaco’s record-breaking GDP per employee really says about its economy
Monaco’s economy generated €152,277 per employee in 2024. But behind the headline figure is a story of sector strength, talent concentration, and a business model built for high-value productivity.
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Free use of public spaces to continue
The government is allowing shops and restaurants to expand their services on to terraces free of charge through the month of September to help boost summer trade.
CTTR scheme extended, under new conditions
Reinforced Temporary Total Unemployment has been extended in the Principality until 30th September to assist in recovery during the summer season.
MEB resumes economic missions in show of "recovery and optimism"
After a quiet pandemic year, the Monaco Economic Board and its members have hit the road again, this time heading to Florence, Italy for an economic mission.
Remote working a permanent option for CMB staff
Local private bank CMB Monaco has announced that it will continue to allow its employees to work from home even as Covid restrictions are being lifted.
Marking 15 years of diplomatic relations between Monaco and Russia
The government of Monaco has sent a message to Russia acknowledging 15 years of diplomatic relations and committing to further strengthen ties in the years ahead.
Consuls reconnect in Belgium
On 9th July, the Embassy of Monaco in Belgium organised a working meeting attended by the Honorary Consuls of Monaco in Belgium, the Netherlands and Luxembourg.