ECONOMY

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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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Monaco’s Global Influence Shines at World Economic Forum in Davos

Summary: Monaco’s success at the World Economic Forum in Davos confirms its international impact in areas of innovation, sustainability, and economic development. Full Story: Monaco has successfully showcased its international influence at the recent World Economic Forum in Davos. Over the course of four days, the Principality demonstrated its significant role in innovation, sustainability, and

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Monaco to Showcase Innovation and Sustainability at World Economic Forum in Davos

Summary: The Principality of Monaco will be participating in the World Economic Forum with a delegation and will present initiatives in innovation, sustainability, and attractiveness at the Monaco House. Full Story: Monaco will be participating in the World Economic Forum in Davos from January 20 to 24. The Prince of Monaco will be present at

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Monaco House at Davos: Strengthening Monaco’s Global Presence and Economic Contributions

Summary: Monaco is increasing its international presence at the Davos 2025 World Economic Forum with Monaco House. Full Story: The Principality of Monaco is increasing its global presence by establishing Monaco House at the 55th edition of the World Economic Forum (WEF) in Davos, Switzerland. This move demonstrates Monaco’s commitment to international engagement. The event

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President of Monaco’s SBM outlines vision for 2025, focusing on tourism growth and progress.

Summary: Monte-Carlo SBM unveils ambitious plans for 2025 with new openings and milestones. Full Story: President of the Société des Bains de Mer (SBM), Stéphane Valeri, expressed his vision for Monaco in 2025 during his annual address to the Monegasque press. Speaking from the Hôtel Hermitage’s historic Salon Excelsior, Valeri mentioned the successful conclusion of

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Disappearance of Bank ATMs in Monaco Raises Concern for Residents’ Access to Cash

Summary: Distributors of banknotes in Monaco are disappearing, causing inconvenience to residents, especially seniors, leading the National Council to ask Monegasque banks to preserve this service in the face of the rise of digital payments. Full Story: In Monaco, the disappearance of bank ATMs is becoming a concern for residents, particularly seniors. The National Council

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Monaco’s Economic Bulletin by IMSEE: Positive Trends in Trade, Employment, Tourism, and Real Estate.

Summary: Monaco’s economy is thriving with booming trade, surging jobs, and a real estate market reaching new heights. Full Story: Monaco’s latest Bulletin de l’Économie, published by IMSEE, reveals positive trends in the country’s economy. The report covers the first three quarters of the year and highlights growth in trade, employment, tourism, and real estate.

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Monaco Celebrates Young Entrepreneurs at 6th Edition of JCEM Awards

Summary: Monaco celebrated its young entrepreneurs at the 6th edition of the JCEM Awards, with three projects recognized for their innovation and potential impact on the Monégasque economy. Full Story: Monaco celebrated its young entrepreneurs at the 6th edition of the JCEM Awards, which took place at the Auditorium Rainier III on Tuesday, December 10th.

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