Business & Finance
Far-right sweeps Nice and Menton as Alpes-Maritimes municipal elections reshape political landscape
The second round of municipal elections in the Alpes-Maritimes on Sunday 22nd March delivered a significant shift to the far right across the department, with Éric Ciotti winning the mayoralty of Nice and Alexandra Masson of the Rassemblement National taking Menton
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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.
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.