Q4 GDP growth at 4.3 percent
Podgorica, (MINA-BUSINESS) – According to preliminary statistics released by Monstat, Montenegro’s gross domestic product (GDP) increased by 4.3 percent in the last year’s fourth quarter. The Statistical Office stated in a press release that the GDP had amounted to €1.75…
Key topics for the development of agriculture to be discussed in late March
Niksic, (MINA-BUSINESS) – The first national forum on Montenegrin agriculture, titled “Challenges on the Path to the European Union (EU),” where key topics for the development of this sector will be discussed, will take place on 26 March in Niksic….
Liquid assets amount to €1.6 billion in December
Podgorica, (MINA-BUSINESS) – According to the statistics released by the Central Bank of Montenegro (CBCG), the average liquid assets of Montenegrin banks saw a monthly decrease of 5.41 percent in last December to €1.6 billion. Compared with corresponding period of…
Tourist Board of Bar at Berlin travel trade show
Bar, (MINA-BUSINESS) – The Tourist Board of Bar has promoted the destination’s tourism industry potentials at the prestigious Travel Trade Show ITB Berlin, which was used as an opportunity to showcase the beauties and attractions that the city offers and…
Parliament confirms agreements on construction of bridges over the Tara and Bojana rivers
Podgorica, (MINA) – The Parliament of Montenegro confirmed on Thursday the agreements between the Montenegrin Government and the Bosnia and Herzegovina (BiH) and Albania on the construction of bridges over the rivers Tara and Bojana, which will provide for better…
FDI exceed 856.99 million at the end of 2023
Podgorica, (MINA-BUSINESS) – According to preliminary statistics of the Central Bank of Montenegro (CBCG), the total inflow of foreign direct investments (FDI) amounted to €856.99 million at the end of the last year, while the outflow totalled €428.32 million. The…
Cooperation with Albania has significant potential
Podgorica, (MINA-BUSINESS) – The trade in agricultural products between Montenegro and Albania is significant, and the respective ministries of the two countries believe that there is potential for mutual cooperation in the areas of agriculture, food safety, fisheries, and water…
Issuing US$-denominated bond could attract new investors
Podgorica, (MINA-BUSINESS) – Tomorrow, Montenegro will issue US$-denominated bond for the first time in the international financial market. According to director of the financial markets sector at Hipotekarna Bank Gojko Maksimovic, this could attract new investors who will invest…
S&P: Montenegro’s outlook upgraded
Podgorica, (MINA-BUSINESS) – According to the Ministry of Finance, the credit rating agency Standard&Poor’s has upgraded Montenegro’s outlook from “stable” to “positive”, while maintaining its rating at B/B. “According to S&P’s methodology, taking into account economic trends and fiscal results…
Payment system legislation harmonized with EU acquis
Podgorica, Tirana, (MINA-BUSINESS) – According to Governor of the Central Bank (CBCG) Irena Radovic, the CBCG has fully harmonised its regulations in the payment system with the EU acquis. “An external analysis of the Montenegrin legislation’s compliance with requirements of…
2.61 million tourist arrivals seen last year
Podgorica, (MINA-BUSINESS) – According to preliminary statistics released by Monstat, Montenegro saw 2.61 million tourist arrivals and 16.39 million overnight stays in 2023. “Out of the total number of overnights, foreign tourists accounted for 96.3 percent and domestic ones for…
Varhelyi: We are all set to close interim benchmarks
Podgorica, (MINA) – Montenegro is the most advanced candidate country in its accession negotiations, said European Enlargement Commissioner Oliver Varhelyi, adding that they are all set to close the interim benchmarks. Varhelyi wrote on the X social network that he…
