Government debt amounts to 60.18 percent of GDP at the end of September
According to the Ministry of Finance, the total government debt, excluding deposits, amounted to €3.98 billion or 60.18 percent of the gross domestic product at the end of September. “Including deposits, the total government debt amounted to €3.75 billion or…
Legislative amendments planned for the next spring, ahead of the tourist season
According to Prime Minister Milojko Spajic, the Government aims to create a stimulating and predictable business environment that will enable entrepreneurs and investors to plan more efficiently and lay a solid foundation for further growth. He met with Chairman of…
PISA results dubbed red alert for education
The Montenegrin students scored worse at the most recent PISA test than they did the previous one, placing once again Montenegro at the bottom part of the scoreboard, the Ministry of Education, Science and Innovation and the Testing Center said…
Portuguese PM voices support to Montenegro becoming next EU member
Montenegro is a front-runner in the European integration and has strong Portugal’s support to become the next EU member state, said Portuguese Prime Minister Antonio Costa, who visited Montenegro on Monday, within his tour of the region. He met on…
Trade union consumer basket for the fourth quarter totals €1,850
According to the research conducted by the Union of Free Trade Unions (USSCG) and the Training, Information and Trade Union Research Centre (CEISI), the trade union consumer basket for this year’s fourth quarter amounts to €1,850. Following a two-month research…
Montenegro for years among top ten countries with most pronounced obesity problem
Montenegro is faced with the overweight and obesity problem, and in order to prevent early illness and death associated with this chronic disease, prevention is key, said the doctor at the Public Health Institute (IJZ) Borko Bajic. The data of…
Foreign trade exchange reaches €3.7 billion
According to preliminary statistics released by Monstat, Montenegro’s total foreign trade amounted to €3.7 billion in the first ten months, up 5.4 percent year on year. The export amounted to a total of €538.4 million in this period, down 6.6…
Montenegro to receive around €413 million from the Growth Plan
According to the Government, around €413 million has been earmarked for Montenegro in the European Commission’s Growth Plan for the Western Balkans to boost the economic growth rate and accelerate the EU accession process. In addition to the existing support…
Ljesar: Air Montenegro’s profit amounts to €2.7 million
The management of Air Montenegro, as announced by the former Chairman of the Board of Directors, Pavle Ljesar, is leaving the company with a positive balance of €9 million in accounts and a net profit of €2.7 million. He said…
Becic: Strong and independent institutions are guarantee of human rights protection
Strong and independent judicial institutions are the guarantee of the human rights and freedoms protection, said Deputy Prime Minister Aleksa Becic during the meeting with North Macedonian Ambassador Zecir Ramcilovic. During the meeting, Becic underscored the challenges Montenegro is facing,…
Average price of dwellings in new buildings reaches €1,640 per square metre
According to Monstat, the average price of dwellings in new residential buildings in Montenegro was €1,640 per square metre in the third quarter. The Statistical Office has announced that the average price in new residential buildings was €1,700 per square…
Polish media recommend Montenegro as a destination
According to the National Tourism Organization (NTO), many influential media outlets from Poland have recommended Montenegro as a must-visit tourist destination for this year. The daily newspapers Wiadomosci Turystyczne, Rynek Turystyczny, and Puls Biznesu, along with 27 Polish portals, have…
