Business & Finance
Olivier Wenden appointed Director of Prince Albert II’s Cabinet
Prince Albert II has appointed Olivier Wenden as the new Director of the Prince’s Cabinet, one of the most senior positions in Monaco’s government structure.
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Cash bonus for those on the front line
Monaco’s Minister of State Serge Telle has revealed that a €1,000 bonus will be paid to all public service officials and agents who have been fully mobilised during the coronavirus crisis.
Digital applications for CTTR
Companies in the Principality who wish to apply for Reinforced Total Temporary Unemployment (CTTR) for their employees can now carry out the procedures online.
Monaco boosts recovery package
The Prince’s Government has presented additional economic support measures to the National Council for approval, saying it is listening to Monaco's business people.
Monaco shuts down 13 construction sites
The government will be closing down all of its construction projects and road works by the weekend, however preparation works for the Monaco Grand Prix will continue.
Only workers to justify movement in Monaco
Monaco is not applying the same strict movement controls as France, however workers are now required to carry with them ‘professional justification’ forms.
Economic relief proposals for businesses during lockdown
The government is releasing a purse of €50 million as a counter-guarantee from the state requested by company owners who fear for their survival during the Covid-19 lockdown period.
