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Monaco view. Old Town Streets
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
Monaco view
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
Monaco view 2021
“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
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
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 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 view
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 and 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
Place de Casino
SBM Achieves “exceptional economic performance” over 2023/2024 Financial Year
With a turnover up +6% compared to the 2022/2023 financial year, the Société des Bains de Mer  (SBM) and its subsidiaries have generated an increased profit of €1.4 million for the 2023/2024 financial year (73.6 million euros compared to 72.2 million euros).
24 Aug, 2024
Temporary Work is Booming in Monaco
€270 Million in Turnover for Temporary Employment Agencies in Monaco
The number of employees and hours in temporary work is up significantly in 2023, according to a recent study by the Monegasque Institute of Statistics and Economics Studies (IMSEE). The 17 temporary employment agencies registered in the Monaco Trade and Industry Register generated 269.
22 Aug, 2024
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More Monegasques than French People living in Monaco for the First Time…
The Monegasque Institute for Statistics and Economic Studies (IMSEE) recently published a detailed demographic study on the Monegasque population. As of December 31, 2023, the Principality has 9,790 Monegasques, an increase of 1.1%.
16 Aug, 2024
Law and Order
An Angry Lady of the Night: The Wild Evening That Led to a 5-Year Ban
In a dramatic courtroom saga, a 28-year-old French escort girl finds herself at the centre of a complex legal battle in Monaco. The case, revolving around accusations of theft and deceit, paints a vivid picture of a night gone awry.
1 Aug, 2024
Monaco view
IMSEE publishes “Monaco in Figures 2024”
“Monaco in figures”, an annual collection of statistics, was recently published by the Monegasque Institute of Statistics and Economic Studies (IMSEE). The new 2024 edition includes in-depth data on every aspect of Monaco’s economy over the past year, from macroeconomic indicators to sector-based statistics.
17 Jul, 2024
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