Living in Monaco
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Jean Castellini, Minister of Finance and Economy speaks about the management of the COVID-19 crisis in Monaco, which can be seen as a successful stress-test. Based on solid foundations, the Principality continues to build its future.
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The coronavirus crisis is an unprecedented disaster for humanity, an external shock to the global economy the likes of which we have never seen before. If somebody had told us, around the turn of the year, that the global economy would be shut down in order to contain the spread of a virus that had originated in an animal market in central China and that it would cause the most severe recession since the 1940s, we would most likely have shaken our heads in disbelief. Generally, we think that the coronavirus crisis is accelerating existing structural trends rather than creating new ones. We have taken a more detailed look at economics, politics, globalisation, society, inequality, healthcare, digitalisation and investing, to examine how the COVID-19 pandemic will affect these areas.
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Mr Etienne Franzi, President of the AMAF (Association Monégasque des Activités Financières - Monaco Association for Financial Activities) and the Compagnie Monégasque de Banque, describes the wide-ranging work of his association.
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The National Council has been extremely active and responsive in the context of the pandemic, in April creating within it the Special Commission for Analysis of the COVID-19 Crisis.
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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.
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Hervé 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.
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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.
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Lionel 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.
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Monaco 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.
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As 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.
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The 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.
