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Montenegro and Italy are interested in further negotiations based on the project of the second interconnecting cable

Montenegro and Italy are interested in further negotiations based on the project of the second interconnecting cable, announced the State Secretary in the Ministry...

Montenegro, Repayment of solar power plants only from April 1 of the following year

The repayment of the solar power plants will begin on April 1 next year, it was announced from the company EPCG Solar gradnja. -...

Montenegro, The construction of the Breza hotel complex in Kolašin is progressing according to plan

The construction of the Breza hotel complex in Kolašin is progressing according to plan, and EUR 7.65 million was invested in the hotel until...

Montenegro, The shareholders of energy company EPCG will consider a loan from the EBRD for the construction of the wind farm Grozd

The Board of Directors of Elektropivreda Montenegro will discuss at the next Shareholders' Meeting the approval of the loan agreement with the European Bank...

Montenegro, Recent Economic Developments, Financial Sector

At the end of Q3 2021, the main characteristics of the financial sector are stability and moderate level of systemic risk. Temporary measures of...

Montenegro, Recent Economic Developments, Employment and Wages

The COVID-19 pandemic continued to bring uncertainties in 2021 for employment, and affected the labour market indicators. Restrictions in terms of mobility were in...

Montenegro, Recent Economic Developments, Inflation

The inflationary developments in 2021 are under impact of an increase in aggregate demand, bottlenecks in global supply chains, and basic commodities prices trends...

Montenegro, Recent Economic Developments, Lending Activity of Banks

The banking sector of Montenegro made a strong contribution to the Montenegrin economy rebound, which was heavily affected by the COVID-19 pandemic in 2020....
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