Business & Finance
Monaco exits FATF grey list: the reforms and sanctions behind the breakthrough
Two years of scrutiny, sweeping reforms and millions in fines: Monaco has secured its exit from the FATF grey list, with increased seizures of suspected criminal assets singled out as evidence of progress.
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Government deficit means belt tightening in 2020
The vote by the National Council on Wednesday night to amend the 2020 budget includes the “exceptional and historic” step of implementing a deficit - something not seen in the Principality since...
Interview: Dr. Kostadin Yanev, creator of Activ5
While the crisis has been catastrophic for the physical fitness industry, it has provided the digital fitness industry with fertile ground to penetrate the market and establish itself as a long-term...
New Trade Figures show weak forecasts
A new report by IMSEE shows trade figures declined in 2019, and experts warn that the current forecasts are likely to see much steeper drops for 2020 than previously predicted.
The €500 million cost of Covid-19
Here is a breakdown of what Monaco’s exceptional 2020 budget looks like and where the €500 million in crisis money is going.
Principality braces for €500m deficit
Monaco’s budget deficit is set to top half a billion euros this fiscal year due to the Covid-19 crisis.
Monaco business supporting local entrepreneurs
As people across the globe adjust to new levels of isolation dictated by the Covid-19 pandemic, Equilibre Monaco is kicking off a new initiative to help local businesses stay afloat through these...
