Business & Finance
Monaco strikes €150 million land swap deal to unlock new housing in Larvotto and Jardin Exotique
The Monaco Government and National Council have taken decisive, collaborative steps to ease the Principality’s housing crunch, exchanging prime public land in Larvotto for the opportunity to build up to 90 new state apartments in Jardin Exotique.
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Stimulus measures to jumpstart construction sector
In an effort to support the construction sector, the Prince’s government has adopted stimulus measures to partially compensate for the delays caused by the closure of sites.
Borrowing jumps by 44% in 2nd quarter
Global buyers have borrowed €3.4bn to fund their luxury property purchases so far this year, according to new research from Enness Global.
YCM partners with YPI
The Yacht Club of Monaco has announced a partnership with Yachting Partners International as part of its `Monaco: capital of yachting’ project.
CMB named best private bank in Monaco
Compagnie Monégasque de Banque (CMB) has been given the top spot for Best Private Bank in Monaco for the third year running by World Finance.
Rollout out of ‘Monaco Safe’ label begins
Businesses in the Principality have begun bearing the ‘Monaco Safe’ label, an initiative by the Prince’s government to alert customers to Monaco’s commitment to safety.
Majority of temps are young males
Monaco had an estimated 11,407 temporary workers in 2019 of which the vast majority were young and male.
