Business & Finance
Monaco’s outstanding tax bill hits €291 million, figures reveal
€291 million in unpaid taxes and eight years of rising rent arrears — Monaco’s annual audit lays bare the Principality’s collection challenge.
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Economy: Revenues exceed €20 billion for the first time in Monaco
The financial and insurance activities sector was the biggest success story, improving its revenues by an incredible 86.8% during 2023.
Science and technical activities companies are Monaco’s biggest private sector employers
A new report from IMSEE indicates that there was a 5.1% rise in the number of private sector workers in Monaco last year, taking the total to just over 58,000 employees.
Monaco’s tourism sector in 2023: Hotel prices hit new record
The number of hotel visitors to Monaco increased slightly last year, while the average price that visitors paid hit an all-time high. Cruise ship passenger numbers also increased significantly in...
Monaco to host Blue Economy and Finance Forum as part of 2025 UN Ocean Conference
The Blue Economy and Finance Forum, a targeted event aimed at mobilising financing solutions for sustainable ocean activities, will take place at the Grimaldi Forum in Monaco next year ahead of the...
Real Estate: Why did property sales fall by 20% in Monaco in 2023?
2023 was an interesting year for Monaco's real estate market and it brought to light a change in buyers' needs and wants from a property in the Principality.
Esplanade des Pêcheurs: Monaco Government files civil action in criminal proceedings
“Recent publications on the internet and various press articles relating to the legal proceedings initiated before the courts of the Principality have led the State to question the conditions in...