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.
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Cecere set to shine at Wealth Forum
Antonio Cecere will be one of the star Monaco-based speakers at the upcoming Monaco Wealth Forum next month. Cecere Monaco specialises in alternative investment in colourless and fancy...
Monaco to host VROOM startup
VROOM has announced its spring 2017 Caravan Challenge, which will take place in eight cities in eight countries, culminating with finalists presenting their innovative and disruptive ideas in...
Fugitive banker still sought by Russia
Russia’s General Prosecutor’s Office has sent a request to the authorities in the UK for the extradition of Georgy Bedzhamov, who faces charges of embezzlement in Russia. Last year Bedzhamov was...
Edmond de Rothschild Monaco acquires Snap-On stake
Edmond de Rothschild Monaco acquired a stake in Snap-On Inc during the third quarter of 2016, according to a Form 13F filing with the Securities and Exchange Commission in the US. Snap-On Inc is...
Good news comes late for Francois Hollande
The French jobs market has reported its second consecutive year of employment growth, with 200,000 new jobs created in the commercial sector during 2016. The government said that the latest figures...
Another great year for Monaco’s economy
It would be difficult to exaggerate the success of 2016 for the Monegasque economy, a record year for the Principality. Jean Castellini, Minister of Finance and Economy, told the Eco-Club of...
