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Latest Business News from Montenegro

turks-to-build-aqua-park-in-montenegro
17 Dec 14

Turkish Firm to Build Aqua Park in Montenegro

A Turkish company plans to fund construction of a major aqua park on the Montenegrin coast, in another sign of closening economic ties between Montenegro and Turkey.

crime-and-corruption-left-a-100-billion-hole-in-balkan-economies
16 Dec 14

Illicit Outflows Rob Balkan Economies of $100bn

A study by Global Financial Integrity, GIF, says illicit money outflows robbed Balkan countries of the equivalent of more than 100 billion dollars during the last decade.

purchasing-power-in-region-far-below-eu-average
12 Dec 14

Albania and Bosnia Lag in Europe GDP Table

Albania and Bosnia have the lowest GDP per capita of 37 European countries examined, while Bulgaria is the EU's poorest country, the bloc’s statistics office, Eurostat, said on Thursday.

montenegro-s-parliament-discusses-millions-highway-loan
28 Nov 14

Montenegro MPs Row Over Huge Highway Loan

Montenegrin parliamentarians held a heated debate over whether the country should borrow 687 million euros to build a 40-kilometre-long highway section.

montenegro-s-unions-call-protest-agains-pay-cuts
20 Nov 14

Montenegro Unions Call Protest Against Pay Cuts

Montenegrin trade unions plan to stage a protest on December 6 in the capital, Podgorica, against announced pay cuts in the public sector.

montenegro-s-government-mulls-cutting-public-sector-salaries
17 Nov 14

Montenegro to Cut Public Sector Wages in 2015

Government and unions are on collision course in Montenegro after the budget bill for 2015 was published, reducing the total size of public sector wage bill.

montenegro-to-boost-budget-spending-in-2015
10 Nov 14

Montenegro to Hike Budget Spending in 2015

Montenegro has set a 2015 state budget at around 2 billion euros, a quarter higher than 2014, to cover loans for highway construction and repayments of previous loans.

balkans-creating-a-better-economic-climate
29 Oct 14

Balkans Do Better in 'Doing Business' Report

Most Balkan states have improved their positions in the World Bank's latest “Doing Business” report - some much more than others.

montenegro-worries-over-higher-unemployment
22 Oct 14

Rise on Jobless Rate Worries Montenegro

The number of unemployed in Monenegro has risen for the sixth month in a row - although the jobles rate remains low by regional standards.

high-sky-internet-prices-to-drop-in-montenegro
14 Oct 14

Montenegro Orders Cut in High Internet Prices

Starting from November 1, Montenegro will no longer have the most expensive internet service in Europe, after the regulatory agency ordered the main provider to slash prices.

imf-downgrades-montenegro-s-growth-forecast
09 Oct 14

IMF Downgrades Montenegro’s Growth Forecast

The IMF has revised its forecast of Montenegros’s economic growth downwards from 2.8 per cent anticipated in April to 2.3 per cent.

balkan-regulators-to-limit-roaming-charges
29 Sep 14

Balkan States to Cut Mobile Roaming Charges

Following the EU's example, regulators in four Balkan countries have finally agreed to reduce mobile phone roaming charges, which are much higher than in western Europe.

montenegro-approves-privatisation-of-largest-arms-exporter
22 Sep 14

Montenegro to Put Arms Exporter up For Sale

Montenegro has decided to sell off its state-owned arms exporter and a manufacturer of explosives, in the hope of bringing in strategic partners that will update the companies.

montenegro-tourist-sector-urged-to-reduce-prices
11 Sep 14

Montenegro Bank Urges Tourist Industry to Cut Prices

Central Bank warns that Montenegro is becoming too expensive - as tourist organizations blame infrastructure problems and pricey airline tickets for this year's expected disappointing figures.

montenegro-seeks-foreign-investments-in-middle-east
09 Sep 14

Montenegro Seeks Foreign Investments in Middle East

Hoping to attract businesses from Middle Eastern countries in a bid to address a downturn in Russian investments, Montenegro will open an office in the Jordanian capital Amman.

Premium

china-s-stealthy-advance-in-balkans-should-worry-eu-01-11-2018
11 Jan 18

China’s Stealthy Advance in Balkans Should Worry EU

While Europe focuses on the threat of Russian penetration in Eastern Europe, it is neglecting the subtler dangers than come from China’s growing influence in the region.

19 Oct 17

EU Mulls Lower Roaming Charges for Balkans

29 Sep 16

World Bank Upbeat About Western Balkans

25 Jun 15

Balkan Economies Brace for Impact of Grexit

12 Aug 14

Montenegro Pins Tourism Hopes on August Surge

Politics and Society

europe-s-new-balkan-strategy-gets-dynamics-all-wrong-01-22-2018
22 Jan 18

Europe’s New Balkan Strategy Gets Dynamics All Wrong

The Commission’s new enlargement strategy for the Balkans is ambitious - but fundamentally misreads the serious nature of the challenges to democracy in the region.

17 Jan 18

How Rich Are the Balkans’ Top Politicians?

Culture and Lifestyle

gallery-new-year-s-eve-the-balkan-way-12-29-2017 01 Jan 18

Gallery: New Year’s Eve, the Balkan Way

New Year’s Eve was celebrated in true Balkan style across the region, with cities from Zagreb to Tirana putting on extravagant firework displays and open-air events, which saw regional and international stars performing to the swathes of jubilant crowds that came out to mark the beginning of 2018.

27 Dec 17

Balkan Cities to Party Their Way Into 2018

01 Aug 17

Best Balkan Films to Watch This Summer