Business & Finance
Monaco’s €660 million yachting boom outpaces wider economy
New figures show the considerable economic weight of yachting in Monaco, with growth driven particularly by yacht brokerage, specialist technical services and an expanding network of businesses supporting the international superyacht industry.
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Real estate prices surge in Antibes, Cannes and Nice amid national slowdown
Antibes, Cannes and Nice can also lay claim to having the highest prices per square metre of all cities in France outside Paris.
Monaco calls on private sector to flag risks in push to exit FATF grey list
“The contribution of the Principality's vital forces is essential alongside the authorities with the same objective: to get off the FATF 'grey list’,” said the government in its statement.
Flipping houses: New legislation aims to close loopholes in France’s real estate market
If the bill is passed, homeowners will need to hold onto their property for at least five years before they can qualify for the exemption from capital gains taxation, a move intended to discourage...
Small businesses fuel EU economy, making up 99% of companies
Micro and small businesses dominate the EU’s economic landscape, representing a remarkable 99% of all companies within the bloc, according to the latest Eurostat data.
New legal regulations for Monaco-based companies and Economic Interest Groups
In a bid to enhance transparency and accountability, the Monaco Government has announced new legal requirements for businesses and economic interest groups operating in the Principality.
New ambassadors from Burundi, Serbia and Nepal welcomed in Monaco
Monaco’s latest ambassadors, Isaïe Kubwayo of Burundi, Ana Hrustanovic of Serbia and Nepal's Sudhir Bhattarai, have officially been installed in their new posts following key meetings with Prince...
