Brought to you by: Monaco Life
Lionel Galfré, Director of the Monegasque Institute of Statistics and Economic Studies (IMSEE), presented at a breakfast conference organised by the Monaco Economic Board (MEB) on Thursday, June 28, the results of the study on the economic benefits of the 2017 Grand Prix.
The economic impact of the 2017 Formula 1 Grand Prix reached €90 million in Monaco over the four-day period over two square kilometres. These figures confirm, moreover, that the Formula 1 Grand Prix is the most important event held in the Principality, whose economic benefits far exceed the four days of the event and extend beyond the borders of Monaco.
The occasion was also an opportunity for the Director of IMSEE to discuss the main economic figures for the year 2017 and to present the 2018 version of the statistical collection “Monaco en chiffres” (Monaco in numbers). More information on www.imsee.mc.
National Council President Stéphane Valeri has visited the Grimaldi Forum to thank the team behind the screening campaign, while also encouraging more people to take the Covid-19 antibody test.
Prince Albert has been tested at a Covid-19 screening centre in Monaco to raise awareness about the government’s campaign to have as many people of the Principality tested as possible.
Monaco’s primary students made their return to school on Monday, the final group to do so in the government’s three-phase plan to lift the lockdown.
The Principality ordered some 11.5 million masks at the height of the crisis. Now those masks are being safely stored by the government for a rainy day.
Kelly Rutherford, the American actress who fought a long and costly battle for the custody of her two Monaco-based children, has paid $15,000 to regain rights to her residual income from the Gossip Girl series in which she starred. She declared bankruptcy in 2013 after paying out $1.5 million in legal fees in a tug-of-war with ex-husband German entrepreneur Daniel Giersch, a Monaco resident.
Her creditors have earned about $174,000 over the last three years. Rutherford, 47, has a nine-year old son, Hermes, and a younger daughter, Helena, with Giersch. The actress was still pregnant with Helena when she divorced her husband. The custody battle was particularly vicious and at one point Rutherford kept the two children in the US at the end of the summer after they were supposed to return to their father in the Principality.
A judge in Monaco granted Girsch custody of the children in a court hearing late last year and although Rutherford can visit the children in Monaco she is not allowed to take them to the US.