Living in Monaco

2015-01 penta-advisory

Loïc Chollet-Vergé has been managing the Caisse d'Epargne branch in Monaco for more than two years. He gives us his impressions of the unprecedented period we are going through, and of the future of his establishment.

2020 07 21 AlainHervé Ordioni is Chief Executive Officer of Banque Edmond de Rothschild in Monaco and Chairman of the " Market Promotion " Commission of the Association Monégasque des Activités Financières (AMAF). In this period of crisis, here is a topical point.

The primary objective of The Monegasque Institute of Statistics and Economic Studies (MISES/IMSEE) is to produce meaningful and informative statistical data on the economic performance and social environment of the Principality of Monaco.
You may find the key statistics and conclusions of these analyses by consulting the publications below.

2020 03 23 monaco techLionel Galfré, Director of the Institut Monégasque de la Statistique et des Études Économiques (IMSEE) since its creation in 2011, then joined the Délégation Interministérielle chargée de la Transition Numérique (DITN). Now the new Director of MonacoTech, he looks forward to his mission with great enthusiasm.

2020 03 18 mcpl galaMonaco Private Label (MPL) is an international network of "Ultra High Networth Individuals" created in 2009 to attract a super global elite to the Principality. It is headed by Michel Bouquier, a professional in the fields of Luxury, Tourism, but above all Marketing, for him symbolising innovation. This is why the MPL concept is constantly evolving, for the benefit of Monaco.

2019 12 crovettoAs manager of the mandatory social security scheme, Caisses Sociales de Monaco has a major responsibility for Monaco’s employees, pensioners, self employed and their households. Meet Bertrand Crovetto, Deputy Director of Caisses Sociales de Monaco, to understand current CCSS issues better.

2019 11 13 charte egaliteThe employers' representatives of the Principality have just signed the Charter for the Equality of women and men at work proposed by the Department of Social Affairs and Health, in relation to all stakeholders and the Committee for the Promotion and Protection of Women’s rights.

2019 02 26 villeroy de galhauSince its creation, the Monegasque Association of Financial Activities (AMAF) - which is at the heart of the action and reflection on reforms necessary for the development of the financial centre in the Principality - has proposed many meetings held throughout the year. In this context, a lunch debate was held on 31 January, with the attendance of many personalities including H.E. the Minister of State Serge Telle, Government Counsellor – Minister of Finance and Economy Mr. Jean CASTELLINI, the new CCAF President Mr. Gérard RAMEIX, and his predecessor Mr. Jacques-Henri DAVID. During the debate the Governor of the Bank of France, Mr.  François VILLEROY DE GALHAU, spoke.  Here is an extract from the talk he gave on a speech he delivered on the outlook for 2019:

2018 12 13 imseeToday, the Monegasque Institute of Statistics and Economic Studies (IMSEE) published the Gross Domestic Product (GDP) results. For the year 2017, this amounted to EUR 5.68 billion compared to 5.85 billion in 2016. Monaco's GDP declined by -3.5% (in volume terms, adjusted for inflation - see Table 1)*, mainly due to two sectors, construction and other service activities, the same sectors that produced the growth in 2016.

2018 12 14 conference surete publiqueOn Wednesday 5 December 2018, the Police Department, in partnership with the Monaco Association for Financial Activities (AMAF), held a conference and debate at the Auditorium of Monaco's Vocational and Catering School (Lycée Technique et Hôtelier) on issues related to security in the Principality of Monaco.

2018 12 ecosoc rougaignonAfter 27 years at the Economic and Social Council, including six terms as President, André Garino did not wish to be reappointed to this position.