Page 34 - Monaco Economy 130-2
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          If so, is this growth because of jobs relocated   two bilateral commissions, local and national,   place, which can only be good for growth in
          with teleworking or are these on site jobs? What   will take place in the autumn - and this subject   the future.
          sort of equipment would then be necessary   will be discussed.
          based on future needs? And the final decision                            What do you predict? How will France vote?
          would be based on decarbonisation effects in   The new motorway slip-road took a long   The FATF judges based on merit and not
          relation to the technical feasibility and cost   time to be put in place. How can things be   based on political alliances, let us be clear.
          of the project.                     sped up for future projects? Some mayors   Times have changed. There is great sensitivity
                                              are calling for effective decentralisation...  amongst governments in the fight against
          The  fact  remains  that  the  commuter   We can, first of all, welcome the delivery of   money laundering, specially with the war in
          population struggles every day on the   this project and salute the determination of   Ukraine...I hope the outcome will be positive.
          roads and trains                    those who have supported it over the years.   If not, the important thing is to hold course
          I totally agree with you: I have experienced it.   It takes a lot of determination and political   and get off it within three years, if we take into
          The first concern is a social one. It’s a question   will to bring a project to fruition. You have to   account the legal stages in terms of actual
          of respect for people in the working world.   know what you want. The there is, of course,   confiscations of property. Whatever happens,
          Furthermore, the last employment forum   the matter of the simplification of standards   Monaco has all the elements to be on a path of
          re-confirmed it: we will not find workers for   and decision-making processes and the   virtuous growth in the years to come. I would
          Monaco if mobility conditions are insufficient.   government recognises this.  like to salute the remarkable economic record
          There is a real risk of hampering growth if we                           of the reign of Prince Albert II. The economic
          do not have the necessary human resources.   Is Monaco’s attractiveness likely to take   interest of France is the prosperity and stability
          We come back to how the Principality sees   a hit if the Principality is included on the   of the Principality, united around the Prince.
          itself in 15 years. We are in a Principality   FATF Grey List?
          with a built-in political regime. We must have   There may be difficult times ahead with   Monaco has stopped negotiations on the
          a long-term vision in relation to the political   Moneyval and the FATF but the important   association agreement with the EU - is
          institutions existing in Monaco.    thing is that the Principality is on the path to   this damaging to the attractiveness of the
                                              healthy growth. We see the commitment of the   Principality?
          Is the number of French jobs hanging in the   Monégasque executive, legislative and judicial   It was the wisest decision on the part of the
          balance?                            authorities, under the authority of the Prince,   Principality. The government very tactfully
          If we go from 60,000 jobs to 100,000 and we   to meet international obligations.   suspended the negotiation. It is important
          are talking about 30,000 additional French   This is the only possible path that will allow   not to jump the gun.
          jobs, that is a very strong argument. The next   Monaco’s financial marketplace to be a virtuous


































                                                                                                                      © Eric Mathon - Palais princier






           S.A.S. le Prince Albert II de Monaco et Jean d’Haussonville, ambassadeur de France à Monaco / French Ambassador to Monaco

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