Montenegro

73.8% of Montenegrins want their country to join the EU

bne IntelliNews July 28, 2021

Nearly half of survey respondents pointed to the better quality of life and higher living standards as the main benefits of membership of the EU.

Montenegrin state withdraws deposits from bank dubbed president’s ‘personal ATM’

Denitsa Koseva in Sofia July 27, 2021

Montenegro’s state-owned companies have withdrawn deposits worth €13.1mn from local Prva Banka.

Looming new coronavirus wave prompts vaccination push in Southeast Europe

bne IntelliNews July 24, 2021

With the delta variant starting to spread in Southeast Europe, officials are warning of a new wave of the pandemic that may put pressure on hospitals as early as August or September.

Montenegro repays first instalment of Chinese motorway loan

Denitsa Koseva in Sofia July 21, 2021

Podgorica struggled to repay loan for Bar-Boljare motorway after Montenegrin economy suffered the deepest contraction across the emerging Europe region in 2020.

Montenegro's central bank sets up fintech hub

bne IntelliNews July 12, 2021

Hub to provide support to startups and banks active in the fintech field.

CONFERENCE CALL: Economists warn over inflation and rising debt

Clare Nuttall in Glasgow July 1, 2021

As the world starts to emerge from the Coronacrisis, economists on an EBRD panel warned over rising inflation, debt and the uneven recovery from the crisis, with emerging markets and developing economies lagging behind their richer peers.

Western Balkans scrap roaming tariffs

bne IntelliNews July 1, 2021

Politicians say lifting of roaming tariffs is just the first step as cooperation efforts deliver financial benefits for citizens of the EU-aspiring region.

Four Southeast European countries commit to exiting coal energy

Denitsa Koseva in Sofia July 1, 2021

The step is most significant for Montenegro and North Macedonia, which generate around half of their electricity from coal.

YUGOSLAVIA 30 YEARS ON: Scaling back the state

Clare Nuttall in Glasgow June 30, 2021

The coronacrisis saw the role of the state increase, but post-crisis efforts towards privatisation and a stepping back of the state from the economy are expected.

YUGOSLAVIA 30 YEARS ON: Small transition states particularly vulnerable to ‘corrosive capital’

Clare Nuttall in Glasgow June 30, 2021

Countries from the former Yugoslavia have seen a series of un-transparent investments with a geo-political agenda, says think tank CIPE.

Montenegro aims to become EU member in 2024

Denitsa Koseva in Sofia June 29, 2021

Prime Minister Zdravko Krivokapic sets optimistic target but will struggle to make required reforms with ruling coalition deeply divided.

Under half of emerging Europe economies to achieve full recovery in 2021

bne IntelliNews June 29, 2021

EBRD says recovery from the coronacrisis is progressing faster than expected, but many emerging Europe economies won’t return to 2019 levels of GDP until 2022.

YUGOSLAVIA 30 YEARS ON: ‘Yugo-nostalgia’ fading but not gone

Clare Nuttall in Glasgow June 28, 2021

Since Yugoslavia started to disintegrate, a whole generation has grown up but there are still some in the region who look back nostalgically.

Overwhelming majority in Western Balkans support regional co-operation

bne IntelliNews June 28, 2021

Latest Balkan Barometer shows 77% want regional -, and most value relations with the EU above those with China, Russia or Turkey.

YUGOSLAVIA 30 YEARS ON: Srebrenica casts a long shadow over regional politics

Denitsa Koseva in Sofia June 25, 2021

Montenegro’s resolution on the Srebrenica genocide sparks tensions at home and across former Yugoslavia.

YUGOSLAVIA 30 YEARS ON: Historical conflicts hold region’s EU future to ransom

bne IntelliNews June 21, 2021

North Macedonia not expected to get green light for start of accession negotiations at this week’s EU Council meeting, while Bosnia and Kosovo have yet to achieve candidate status.

Montenegro’s ruling coalition in question after justice minister sacked over genocide denial

Denitsa Koseva in Sofia June 19, 2021

PM Zdravko Krivokapic faced strong opposition from some ruling coalition members when he decided to remove Vladimir Leposavic from the justice ministry.

Montenegro's parliament finally approves budget for 2021

Denitsa Koseva in Sofia June 17, 2021

PM Zdravko Krivokapic strikes deal with unruly coalition partners by dropping amendment that would have allowed government to borrow €900mn for early loan repayments.

Montenegro suffers Europe’s steepest fall in GDP in Q1

bne IntelliNews June 16, 2021

Crisis persists into 2021 despite slight easing in rate of GDP contraction in January-March.

Rethink of global supply chains creates opportunity for Western Balkans

Clare Nuttall in Glasgow June 13, 2021

Region is ideally positioned as a nearshoring destination for West European companies but reforms are needed if it is to attract potentially billions of euros in foreign direct investment.

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