Monaco Weekly News

Good Morning Monaco

Thursday, March 4, 2021

published by NEWS.MC

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Help for purchase of electric and hybrid vehicles

The Monaco Government has been committed to incentivising the purchase of electric vehicles for the last 25 years, with the objectives of improving the quality of the air and reducing greenhouse gas emissions.

Seized vehicles at Dutch auction from 30 euros

There could be some bargains as the Government sells off seized vehicles, but there are certain procedures to follow, as might be expected.

Case rate stays below 10, but one more elderly death

An 84 year-old Monaco resident has died after testing positive for coronavirus, the Monaco Government announced on the evening of Wednesday, March 3.

Delegation joined UN conference on sustainable development

On February 22, 2021, the fifth United Nations Environment Assembly was held virtually.

Monaco suffer shock defeat against Strasbourg

On the evening of March 3, AS Monaco faced off against RC Strasbourg Alsace on their home ground of the Stade de la Meinau. Going into the match, the red and whites had managed to remain undefeated since December of last year, and would have been eager to maintain that magic run...

DULY NOTED: By the evening of Wednesday, March 3, the UK had inoculated 39 percent of the adult population.

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Good Morning Monaco

Wednesday, March 3, 2021

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France does U-turn on vaccine in bid to catch up

With less than seven percent of its population inoculated against coronavirus, France has now admitted that the Oxford Univeristy-developed AstraZeneca vaccine is safe and effective for all ages.

One more trader sentenced in Unaoil-SBM Offshore case

Paul Bond has been sentenced to three and half years’ imprisonment for conspiring with others to bribe Iraqi public officials to secure lucrative oil contracts in post-occupation Iraq.

Monaco participates in UN world wildlife day

Monaco is involved in the 2021 edition of the United Nations’ World Wildlife Day, set for March 3.

Nine new coronavirus cases and one more elderly death

A Monaco resident aged 82, who had tested positive for coronavirus, has died, the Government reported on Tuesday evening.

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Good Morning Monaco

Tuesday, March 2, 2021

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Monaco gets a mention in Sarkozy conviction

Former French president Nicholas Sarkozy became the first holder of the top post in the Republic to receive a jail sentence, when on Monday he was found guilty of peddling influence.

Monaco Telecom trumpets new fibre service

Martin Peronnet, the CEO of Monaco Telecom, told a special programme on MonacoInfo on Monday night that the service provider’s new fibre service will transform the way we use the Internet in the Principality.

Monaco keeps its borders tight

Monaco’s police service increased its checks on cars entering the Principality on Saturday February 27 and Sunday February 28 with the aim of avoiding a potential influx of people from France...

Nigel le Quesne becomes non-executive chairman

Enness Global Mortgages, the mortgage broker for global ultra-high-net-worth individuals, has announced that Nigel Le Quesne has become Non-Executive Chairman.

Nine new cases of coronavirus in Monaco

For the second day in a row Monaco registered fewer than 10 new coronavirus infections among residents.

DULY NOTED: The 60-euro surchage for owners who do not move their cars out of a Monaco Parking Service car park at least once a month has been suspended, pending further study.

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Good Morning Monaco

Monday, March 1, 2021

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Reconfinement of Alpes-Maritimes increasingly likely

Prefect of the Alpes-Maritimes Bernard Gonzalez told the TF1 TV station on Saturday that a further tightening of restrictions in the department bordering Monaco is very much on the table.

Parking Service targets multiple vehicle owners

Residents who own two or three or more vehicle are posing a problem for Monaco’s car parks, the Public Parking Service has said.

Monaco records drop in coronavirus cases

Monaco recorded three new coronavirus cases among residents on Sunday, together with six recoveries.

National Council president visits Monte-Carlo Business Centre

The Monte-Carlo Business Centre team recently received a visit from the President of the National Council, Stéphane Valeri.

Monaco record routine victory against Brest

In what has been an enjoyable start to the year for AS Monaco and the club’s supporters, the red and whites have recorded yet another victory, keeping their unbeaten streak alive.

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Good Morning Monaco

Friday, February 26, 2021

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France holds off on tighter restrictions - for now

Prime Minister Jean Castex has warned that tighter coronavirus restrictions will follow in 20 departments if there is a further deterioration in the health situation.

Yacht Show to get even more exclusive, and expensive

The Monaco Yacht Show has reacted to complaints that the quays are too crowded by announcing that ticket prices will rise to 500 euros.

Paris night train starts again in April

French train operator SNCF on Thursday opened ticket sales for the reinstated Nice-Paris night train, which will operate again from April 16. The service had been cancelled in December 2017.

Monaco registers 16 new coronavirus cases

Sixteen residents tested positive for coronavirus in the latest 24-hour period, while seven residents were declared fully-recovered.

Monaco almost hidden in fog

The Principality was embraced in a ghostly fog on Thursday, as captured here by Richard McCreery. On the right, the Casino in Monte-Carlo.

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Good Morning Monaco

Thursday, February 25, 2021

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Monaco reacts to Alpes-Maritimes weekend lockdowns

Speaking at a press conference on Wednesday, Minister of State Pierre Dartout said that the Principality will not be following the example of the neighbouring French department in ordering its residents to stay at home on the next two weekends.

SBM Offshore in spotlight as former sales manager convicted

A former sales manager of Dutch energy services company SBM Offshore was on Wednesday convicted by a London jury of conspiracy to bribe public officials to secure lucrative oil contracts in Iraq after the fall of Saddam Hussein in 2003.

A tale of multiple vaccine failures across Europe

An acute shortage of vaccines in the European Union is pushing several member states towards tougher lockdowns.

Twelve new cases and 14 recoveries

Twelve new cases of coronavirus were reported among residents in Monaco on Wednesday, February 24. Fourteen people were reported to have fully recovered.

Rising star has no regrets in turning down Man U offer

AS Monaco has been enjoying an excellent start to 2021, as an undefeated run from the start of the year sees the club joining an increasingly intriguing Ligue 1 title race for the first time since they were crowned champions of France in 2017.

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Good Morning Monaco

Wednesday, February 24, 2021

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Zhang Zhang hits out at diversity critics

Monaco’s incredibly talented and very popular concert violinist Zhang Zhang has hit out at woke commentators who have claimed that classical music is elitist and in urgent need of more diversity.

More checks at Nice Airport to deter tourists

As the authorities try to minimise the numbers of visitors to Nice, more checks are taking place at Nice Airport.

One more elderly death attributed to coronavirus

A 90 year-old resident has died after testing positive for coronavirus and according to the Government’s calculations this is the 23rd coronavirus-related death in Monaco.

Grand Prix preparations off to fast start in Port Hercule

Preparation for the 2021 Monaco Grand Prix has already begun in Port Hercule.

Monaco Market Commentary

“The news has landed. In 2020 Monaco’s average price per square metre fell slightly but remained at a resilient level of €47,619. This is a slight decrease on 2019 figures (-1.1%)...

DULY NOTED: The number of deaths in hospitals in the Alpes-Maritimes attributed to coronavirus passed the 1,000 mark on Monday, reaching 1,002. A further 392 took place in retirement homes.

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Good Morning Monaco

Tuesday, February 23, 2021

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Alpes-Maritimes to go into weekend lockdown, as expected

Nice and the urban areas of the French department will enter lockdown for the next two weekends from 18:00 on Friday until 06:00 on Monday.

Monaco Government calls out presenter for fake news

In an unusual turn of events the Monegasque government took to Twitter to call out CNEWS columnist Guillaume Bigot for sharing fake news about the Principality’s coronavirus situation.

Europe's campaign against AstraZeneca comes back to bite it

Well-publicised public comments by European leaders strongly suggesting that the Anglo-Swedish AstraZeneca vaccine was less effective for older age groups have translated into many doses going unused.

Fifteen new coronavirus cases, seven recoveries

Fifteen residents tested positive for coronavirus on Monday, February 22, while seven were declared fully recovered.

Pandemic failed to sink super yacht sales

The yachting business in Monaco had a very buoyant year, despite the absence of the Monaco Yacht Show, the annual symposium La Belle Classe Super-Yacht heard.

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Good Morning Monaco

Monday, February 22, 2021

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Minister promises tighter restrictions in Alpes-Maritimes

On a visit to Nice on Saturday, French Minister of Health Olivier Véran said that stronger restrictions are needed to fight the rapid spread of coronavirus in the department that neighbours Monaco.

Mayor blames vaccine shortage for likely local lockdown

The Mayor of Antibes, Jean Leonetti, has criticised the decision to lock down the most populous parts of the Alpes-Maritimes department for the next two weekends – a decision that he said has already been taken but not yet announced...

Monaco has inoculated 21% of population

By the end of Thursday, February 18, 20.59 percent of the population of the Principality had received their first coronavirus jab, a total of 7,825 individuals. In addition, 60.75 percent of those had also received their second dose.

Monaco issues appeal for caution

The Monaco Government issued an appeal late on Thursday for Monegasques and residents to behave with caution and responsibility during the two-week winter school holidays that started on Friday, February 19. (Originally sent as a News Update on February 20)

Eight new cases, five recoveries on Sunday

Eight Monaco residents tested positive for coronavirus on Sunday, while five residents were declared to be fully recovered.

Magic Monaco topple Paris

For years it hadn’t seemed possible, but on the evening of February 21 As Monaco took on Paris Saint-Germain on their home ground of the Parc des Princes, and won.

DULY NOTED: The French authorities will announce new restrictions for the neighbouring Alpes-Maritimes department on Monday morning. Watch this space.

The French meteorological office has issued a yellow warning for high winds in the area from the early hours of Monday until late afternoon.

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Good Morning Monaco

Friday, February 19, 2021

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White collar crime fell year-on-year

Statistics published by Monaco’s police force earlier this week show a year-on-year fall in most types of crime, a trend that is also reflected in most kinds of financial infractions.

19 new coronavirus cases, 20 recoveries

Nineteen Monaco residents tested positive for the coronavirus during the most recent 24-hour reporting period. Twenty residents were declared fully recovered on Thursday, February 18.

Magnate's yacht goes up in flames off Malaysia

Le Phocéa, the four-masted sailing yacht that belonged for several years to French businessman Bernard Tapie, has been destroyed by fire in a blaze just off the Malaysian island of Langkaw.

Mediobanca reports strong recovery in all segments

Mediobanca delivered a net profit of €411m in the first six months of FY 2020-21, up 3x HoH, with revenues up 10% to €1,301m. The Group’s operations show a strong recovery in all business segments, helped by the ongoing investments in distribution capacity...

165-metre mermaid in Monaco

The Nouveau Musée National de Monaco presents an extraordinary new exhibition, titled ‘The 165-metre Mermaid and Other Stories’ in its Villa Paloma venue.

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