Business & Finance
Brought to you by: Monaco Life
Companies in the Principality who wish to apply for Reinforced Total Temporary Unemployment (CTTR) for their employees can now carry out the procedures online.
The government has made it easier for businesses to complete the CTTR process. They can now apply for authorisation from CCTR and submit their monthly declarations for the supplement payment for partial activity compensation, online.
The CTTR has been instated to allow companies to temporarily reduce or suspend the activity of employees – a measure that will end once the health situation has passed.
For more information, visit the government information site:
The MEB has met with the Economic Development Department to strengthen collaborations and learn more about the role of each group.
Jeremy Williman, the man behind the retractable barrier system ‘Tensabarrier’, speaks about his new project, the ‘Dragonfly’, a hyperscooter bringing luxury to the future of micro-mobility.
Inflation unexpectedly rose in June in the Eurozone, prompting fear among experts that consumer price growth will be stunted for several years.
Monaco will extend its financial support for businesses most affected by the Covid crisis as part of a new four-point plan to revive the local economy.