Business & Finance
Monaco Yacht Club to launch first ever Yachting Student Fair this March
Young people considering a career at sea have a new opportunity to explore what the yachting and maritime industries can actually offer, as the Monaco Yacht Club launches its first ever Yachting Student Fair.
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Request for Extraordinary Minimum Income
Monaco’s self-employed entrepreneurs will have access to a minimum monthly income as part of the government’s new economic measures, effective immediately.
€280 million to cover Monaco’s workers
The Prince’s government has announced another raft of economic measures to support employees impacted by the Covid-19 crisis.
New division to help businesses
The government has created a ‘Covid-19 Businesses Unit’ to help companies affected by the health crisis, as well as a general information web page in English for citizens of the Principality.
Trader's union wants blanket rental relief
The president of Monaco’s Trader’s Union is calling on the government to step in amid complaints that private owners are not offering rental relief for small businesses in the Principality.
Salaried employees up 2.9% in 2019
Monaco’s private sector saw a 2.9% rise last year in workers holding full time contracts over the year before.
Only two hotels remain open
SBM has closed all of its hotels in Monaco except the Hôtel de Paris and the Monte-Carlo Bay Hotel & Resort, accommodating long-term guests and those who are unable to return home.
