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?
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Emergency unemployment benefits extended
The Monegasque government has announced it will be extending Reinforced Total Temporary Unemployment (CTTR) pay-outs until next spring in an effort to ease financial concers through the winter season.
Catherine Fautrier speaks about new life in Madrid
Catherine Fautrier’s career has taken her from China to Australia, and now to Madrid to serve as Monaco’s new Ambassador to Spain.
Bonus offered for home renovations
The Monegasque government is encouraging owners and tenants to give their homes a make-over by offering a “renovation bonus” as part of the State’s plan for economic recovery.
Which nations are tempting HNWIs through tax relief and Golden Visas?
Italy has seen an influx of high-net-worth individuals (HNWIs) from around the globe, keen to take advantage of a recently introduced tax policy providing income tax relief.
1st quarter results show 74% loss in turnover
The health crisis is thwarting the recovery efforts of Monaco’s largest employer, SBM, which saw profits plummet this summer ahead of a “very difficult” winter.
Tourism in Monaco “less gloomy” than predicted
The summer tourist season was better than expected thanks to the loyalty of French, Swiss and Italian visitors, according to the latest figures by the Tourism and Congress Department.
