ECONOMY

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Monaco’s Foreign Trade Surpasses Four Billion Euros, Reflecting Strong Global Market Presence

Summary: Monaco’s foreign trade exceeded €4 billion in 2024, with a growth rate of 12.2%, demonstrating the country’s strong economic performance. Full Story: Monaco’s foreign trade reached a milestone in 2024, surpassing the four billion euro mark for the first time. The IMSEE Statistics Office reports a substantial 12.2% growth in international trade, demonstrating the […]

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Monaco Launches Annual GDP Survey to Evaluate Economic Performance and Development

Summary: The annual statistical survey to calculate the Gross Domestic Product (GDP) of Monaco for 2024 has started with the help of the Monegasque Institute of Statistics and Economic Studies (IMSEE), economic actors in Monaco, and the support of the Monaco Government. Full Story: The Monaco Institute of Statistics and Economic Studies (IMSEE), supported by

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Monaco Launches Campaign to Calculate Gross Domestic Product (GDP) for 2024

Summary: Monaco has initiated its annual data collection campaign to calculate its GDP for 2024, with the aim of measuring the Principality’s economic performance. Full Story: Monaco has initiated its annual campaign to calculate its Gross Domestic Product (GDP) for 2024. The Institut Monégasque de la Statistique et des Études Économiques (IMSEE) is leading this

Monaco Launches Campaign to Calculate Gross Domestic Product (GDP) for 2024 Read More »

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Monaco Launches Annual Survey to Calculate GDP for 2024 in Collaboration with Economic Stakeholders

Summary: The Institut Monégasque de la Statistique et des Études Économiques (IMSEE) has launched its annual statistical survey to calculate Monaco’s Gross Domestic Product (GDP) for 2024, and businesses are urged to participate in the mandatory survey. Full Story: The Monaco Institute of Statistics and Economic Studies (IMSEE) has commenced its annual statistical survey to

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Promising Business Prospects and Concrete Agreements: Monaco-Hungary Economic Relations at Turning Point

Summary: An economic alliance is forming between Monaco and Hungary, as the Monaco Economic Board signs a strategic agreement with the Hungarian Chamber of Commerce and Industry. Full Story: A delegation from the Monaco Economic Board (MEB) has returned from Budapest with promising business prospects and concrete agreements, marking a turning point in the economic

Promising Business Prospects and Concrete Agreements: Monaco-Hungary Economic Relations at Turning Point Read More »

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Reelected “Team Stabilité” Embodies Continuity and Strength to Lead Monegasque Chartered Accountants

Summary: The “Team Stabilité” has been reelected to lead the Order of Accountants of Monaco, prioritizing stability and continuity in an ever-changing economic world. Full Story: The “Team Stabilité” has been reelected to lead the Order of Chartered Accountants of Monaco, emphasizing continuity in a constantly changing economic world. The election of the Council of

Reelected “Team Stabilité” Embodies Continuity and Strength to Lead Monegasque Chartered Accountants Read More »

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Third edition of Monaco pour l’Emploi employment forum sets new attendance record.

Summary: Record-breaking attendance at the Monaco Employment Forum with over 6,000 participants, including government officials, legal firms, and companies from various sectors such as luxury, construction, and yachting. Full Story: The third edition of the employment forum “Monaco pour l’Emploi” set a new attendance record with 5,938 participants by the event’s closing at 6 pm.

Third edition of Monaco pour l’Emploi employment forum sets new attendance record. Read More »

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Navigating Economic Risks in 2025: Insights from the Monaco Economic Board Conference

Summary: The world economy in 2025 is expected to face continued turbulence, with geopolitical tensions, trade wars, and shifting monetary policies shaping the global landscape. Full Story: The Monaco Economic Board recently hosted a conference in partnership with Gramaglia and Banque Populaire Méditerranée, where Jean-Christophe Café, Chief Economist of Coface, provided insights into the anticipated

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Monaco Faces Increased Scrutiny and Compliance Rules in Fight Against Money Laundering

Summary: Casinos in Monaco must work harder to demonstrate their compliance with anti-money laundering regulations due to the country’s placement on the GREY list of the Financial Action Task Force. The strict requirements placed on Monaco’s casinos are sometimes deemed excessive by industry professionals. Full Story: Monaco, a principality known for its luxurious casinos, is

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Monaco Considers Imposing Fees for Personalised License Plates

Summary: Monaco’s government is considering charging residents for personalized license plates after years of debate on the topic. Full Story: Monaco is currently reviewing the possibility of implementing fees for personalised license plates, a privilege that has been free for residents until now. The government is considering this change after years of deliberation on the

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