Monaco has become the first State in Europe to inaugurate a national next generation 5G network with superfast connection and download speeds. The system was rolled out with ‘…the promise of offering a better quality of life for all and exception opportunities.’ Mr Frederic Genta, Monaco’s Chief Digital Officer was reported as announcing.
The national telephone operator, Monaco Telecom, opted to use Huawei equipment having completed a thorough update to the network equipment before deploying 5G antennae and completing a review and upgrade of security systems to protect the network.
Common Life Agreement
New legislation grants both heterosexual and homosexual couples the right to manage their legal relationship within the framework of a ‘communal life agreement’ (contrat de vie commune), which can be supplemented by a separate property agreement (convention d’organisation patrimoniale), individual Wills and can extend to the adoption children.
There are certain formalities that must be followed, for example the agreement must be prepared by a notary, and there are limitations as it is not intended to replace the institution of marriage.
February 2020
November 2019:
As part of the Monaco government’s long term commitment to sourcing energy from sustainable sources, continues to install solar panels on public buildings together with the installation of heat pumps fueled solar and seawater power. Elsewhere in the Principality, Monaco’s electricity provider has completed the construction of SunE a solar power station and has acquired eight solar power plants in France which now provides 10% of the electricity required by the State.
Whilst Monaco's GDP for 2018 crossed the EUR 6 billion mark for the first time to reach EUR 6.09 billion, (EUR 5.69 billion in 2017). It increased by +6.1 % in real terms, corrected for inflation, Monaco is taking on the challenge to reduce its carbon footprint while at the same time improving the quality of life and air quality for its residents.
In December 2019 Monaco approved legislation to increase the period of time required for the acquisition of Monaco nationality by marriage from 10 years to 20 years.
See also the new regulation on adoption in Monaco: https://rosemont-int.com/en/article/news/monaco-adoption-regulation
For more information about Citizenship and Residence services in Monaco, please visit our dedicated website or request or Citizenship and Residence e-brochure.
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