Business & Finance
Energy-inefficient properties sell at 25% discount in France as rental restrictions bite
French notaires report that homes with the worst energy ratings now account for 40 percent of transactions, with G-rated houses selling for a quarter less than better-performing properties.
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Protecting HNWIs
According to security expert Matthias Fitzthum, drones and staff pose the biggest risks to HNWIs, family offices and top executives. And the Covid-19 crisis has only made the situation worse.
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.
