Monaco’s Statistic’s Office, has reported a sharp decline in imports in the second quarter of 2017, down by 44 million euros, combined with a smaller fall in exports, down 27 million euros, meaning an overall decline in the trade deficit. The number of jobs in Monaco is increasing, with additional jobs being created in all sectors apart from retail, and the number of employers and the number of hours. worked has also shown an increase. Although the overall balance remains positive, the pace of start-ups has slowed, while that of businesses closing has increased.
The Monaco Yacht Show has arrived, and as always it makes Port Hercule a very popular and busy place. As a result, for the duration of the show, boat access to the port will be closed from midnight to 7 am, and limited at other times to holders of a special badge. Owners and captains are reminded that due to the Principality’s sustainable development policy, ships moored in the Bay of Monaco not using the waste collection services of Eco Tank must dispose of rubbish at the port of Fontvieille. Due to the show, traffic on Boulevard Louis II, and access to the bus shelter of the Kennedy bus stop, has changed. The Monaco Bus Company has moved the bus stop about 100 metres upstream, before the “Cedez-le-passage” sign, where a provisional red post, indicates the temporary location of the stop. The temporary stop will also allow easier access to the show itself.