Flat seas, a ten knot westerly breeze and 500 nautical miles lies ahead of the 39 contestants in the 21st Palermo-Montecarlo who set off from the Gulf of Mondello, Sicily, at 12:30 this Tuesday bound for Monaco.
The last three years saw the completion of many major construction projects in the Principality, which explains the sector’s drop in revenue, according to a recent report by the Monegasque Institute of Statistics and Economic Studies (IMSEE).



