Business & Finance
Prince Albert II receives Council of Europe Secretary General ahead of Monaco’s historic presidency
Prince Albert II has received Council of Europe Secretary General Alain Berset at the Prince’s Palace, ahead of Monaco assuming the presidency of the Committee of Ministers for the first time since joining the organisation in 2004.
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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.
CARE reviews first files
Around 20 companies have put their hands up for government support under the new CARE initiative. Businesses have only two weeks left to apply for the aid.
