Record-breaking year for Real Estate in Monaco… Real Estate: €5.9 billion sold in Record-Breaking 20

Real Estate: €5.9 billion sold in Record-Breaking 2024

A new publication by the IMSEE (Monegasque Institute of Statistics and Economic Studies) revealed that 2024 was record-breaking year for real estate in Monaco. Published on 6 February, the study stated that 101 new homes were sold in 2024, a new record. €5.

20 Feb, 2025

Monaco’s first Baby of 2025!

The first baby born in the new year is celebrated as a joyous occasion that represents the beginning of new life (and a new chapter for their family).

15 Jan, 2025

Births, Deaths, Marriages and Divorces: Monaco’s 2024 Figures

With a new year comes a new batch of statistics. Monaco’s City Hall recently released the Civil Status figures for the year 2024. “As close as possible to Monaco’s population, the Civil Status Nationality Service supports citizens throughout their lives: births, marriages, deaths...

12 Jan, 2025

Law & Order

Drunk Lady Driver Reveals The Most Mysterious Passenger While Another Blindsides a Biker

Trunk or Treat? Drunk Driving Bust Uncovers Hidden Passenger A drunk woman driving a two-seater car hit a post in Monaco, but the incident took a bizarre turn when police discovered an unidentified person hidden in the trunk. The driver was at several times the legal limit for alcohol.

9 Jan, 2025

Law & Order

Bottles and Blunders: A Tale of Drunk Driving and Liquor Lifting in Monaco

Cocaine, Courtrooms, and Crying: When Life Hits Rock Bottom In the land of luxury, human frailty rears its head. A man living in the vicinity and burdened by a history of addiction and poor choices, stood before the court in a state of abject despair.

2 Jan, 2025

Combatting Money Laundering and Terrorism: Monaco displays “Significant Progress”

A new report published by the Council of Europe sheds positive light on actions that the Principality has been taking against money laundering and terrorism. Titled ‘Anti-money laundering and counter-terrorist financing measures Monaco’ the 65-page follow-up report was published on 10 December 2024.

20 Dec, 2024

Preliminary Budget 2025 shows a Deficit of €89 million

Monaco’s Preliminary 2025 Budget: Revenue and Expenditures are Up…

A fifteen-page breakdown of Monaco’s 2025 preliminary budget was recently released by the Ministry of Finance. The National Council will be reviewing the budget at the end of December. The document forecasts revenues of 2.098 billion euros and expenditures of 2.187 billion (up 2.6% and 6.

18 Dec, 2024

Economy: Trade surpasses €3 billion for the First Time…

The overall volume of Monegasque trade has passed the €3 billion mark for the first time at the end of a third quarter, driven by a considerable increase in imports, according to a report published by the Monegasque Institute of Economic Studies (IMSEE) on 12 December.

17 Dec, 2024

“People are Happy in Monaco” says New Study by National Council

More than 500 Monegasques gathered at the Grimaldi Forum to hear the results of the “Great Consultation of Monegasques” on 26 November. Led by the President of the National Council, Thomas Brezzo, the presentation illustrated a strong desire to strengthen the links between elected officials and the population.

11 Dec, 2024

Monaco's statistics

Housing, Nationalities, and a Touch of Glamour: The Fascinating Face of Monaco

The Principality has a population as diverse as its reputation is prestigious. IMSEE, Monaco’s statistical institute, has unveiled its 2023 Census Report, shedding light on the nation’s demographics and housing. With a total resident population of just short of 40.

29 Nov, 2024

Monaco's Legal Landscape Sees Key Appointments

Law & Order

High-Octane Hijinks: Monaco’s Law and Order Sees Action, Cash, and Near Misses

Rambo Goes Rogue: a Monaco Tourist and His Arsenal An eastern tourist, known for his imposing physique and an arsenal of weapons on hand, has found himself facing a significant prison sentence in Monaco.

13 Nov, 2024

Monaco's statistics

Monaco’s GDP Rises to €9.24 billion…

Monaco’s economic performance in 2023 was positive, marking a third consecutive year of solid growth, as revealed in the Gross Domestic Product (GDP) report, published by the Monegasque Institute of Statistics and Economic Studies (IMSEE) on 8 November.

13 Nov, 2024

Monaco's statistics

Monaco’s 2024: Turnover Dips a Little but Jobs Keep Soaring

Monaco’s economy experienced a challenging start to 2024, as turnover dropped by 7.4%, but the job market remained resilient, even seeing growth, particularly in the hospitality and catering industries.

3 Oct, 2024

Law & Order

Crooks & Swindlers Behind Bars & a Preschooler’s Pedal Pandemonium

Monaco's Massive Tax Fraud Scandal: several Men Sentenced In a scheme that rocked Monaco in the 2000s, several men orchestrated a massive carousel-type VAT fraud using local companies. The result? A staggering loss of over 100 million euros to the state.

4 Sep, 2024