AGP Executive Report
Last update: 4 hours agoGovernment: Monaco’s National Council suspended debate on the revised 2026 budget after a sharp clash with the Government over state housing, jobs for Monegasque citizens and the Assembly’s role. Historic Monaco: A proposed law would give the Government wider powers over property sales, changes of use and redevelopment on the Rock, aiming to protect its homes, shops and heritage from speculation. Marine Environment: Work has begun on nine deep-water yacht moorings ahead of rules from summer 2027 that will largely ban anchoring outside the designated zone. Diplomacy: Prince Albert joined MED9 talks in Croatia and met Jordan’s Crown Prince Hussein as leaders discussed Mediterranean security, migration, energy and climate. Business: The Monaco Economic Board has become the Monaco Chamber of Commerce, refocusing on support for local companies and international business links. Wealth: Reports that billionaire David Reuben moved to Monaco this summer are disputed: records and a spokesperson indicate he has lived in the Principality for years.
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