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.
Read more
Special parking rates
Unique hourly rates are being implemented at many of the Principality’s parking garages during the deconfinement period to help make the transition back to normal less expensive for residents.
Luxury goods market set to contract up to 35% in 2020
Faced with a global collapse driven by lockdowns and the shutdown of tourism in all key markets, the luxury industry faces a challenge like never before.
Telework to continue long after pandemic
The National Council has unanimously voted in a bill making telecommuting obligatory in the Principality for those whose jobs permit it.
ECB ups economic stimulus measures
The European Central Bank (ECB) has announced new measures to ease the strain on countries who have seen record economic downturn since the beginning of the health crisis.
Amazon extends warehouse closures
Amazon announced Monday that they would keep distribution centre doors shut until 5th May after a judge in France rejected their appeal restricting deliveries during the Covid epidemic.
Government outlines plan to de-escalate lockdown
Health Minister Didier Gamerdinger has revealed more details of the government’s plan for returning life back to “normal” after confinement, including the availability of cheap masks for...
