Montenegro
Geopolitics overshadows Western Balkan nearshoring ambitions
Friendshoring has replaced nearshoring after the invasion of Ukraine, benefiting Western-aligned states but causing a shift away from Serbia.
Only Hungary and Russia heading for recession in 2023 as Emerging Europe shows its resilience
wiiw believes that most countries of the region have “probably already digested” most of the economic shock caused by the Ukraine war, provided Russia does not escalate the conflict further.
Montenegro launches cryptocurrency pilot project with US Ripple
Montenegro does not have its own currency and has been using the euro since 2006 when it peacefully seceded from its loose union with Serbia.
M&A in Emerging Europe fell by 20% to €32.93bn in 2022
The weak macroeconomic backdrop and the spectre of possible recession are likely to stifle M&A in the coming months, according to the annual CMS/Emis Emerging Europe M&A Report.
Italy pushes for investments into Western Balkan strategic sectors
Benefiting from its geographic proximity and historic ties, Italy is already one of the top investors and trading partners of the Western Balkan countries.
VISEGRAD BLOG: When Eastern European states speak out they are now listened to
The countries on Nato’s eastern flank believe they are now leading the debate on how to confront the Kremlin, as demonstrated by the row over supplying modern battle tanks to Ukraine.
Montenegro political deadlock sabotaging EU accession
Fears EU could freeze talks with Montenegro if constitutional court crisis is not resolved by end-January.
EBRD invests record €13.1bn into its region in 2022
The European Bank for Reconstruction and Development invested a record €13.1bn into its Emerging Europe and Eurasia region in 2022, the bank announced on January 12.
NEMETHY: Key economic and financial drivers to watch in 2023
There is an old joke that the role of economic forecasters is to make astrologers look good. Forecasting GDP or inflation for the upcoming year with any degree of accuracy is virtually impossible, but there are some scary signs appearing.
OUTLOOK 2023: Southeast Europe
The war in Ukraine had a seismic effect on the security, political and economic landscape of Southeast Europe.
Emerging Europe backs nuclear power to solve energy needs
Hungary, Czechia, Poland, Slovakia and Romania all plan new reactors and many countries are also looking at small modular reactors for the future.
bneGREEN: Warm weather halts ski season at Southeast Europe's mountain resorts
Unusually warm weather and the lack of snow have forced many ski resorts in Southeast Europe to delay the start of the winter season.
Montenegro heading towards early election as ruling coalition fails to agree on government
Arguments and accusations of bribery reported among fragmented coalition of 20 small parties.
THE MITTELEUROPEAN VIEW: Western banks go back to square one in CEE
Major Western banks had already adjusted their regional portfolio allocations back to Central Europe so the Ukraine war has not forced a complete reassessment of business strategies.
Start of a new super cycle – fat and flat for 2023?
The global economy has been through some enormous changes in recent years, leading investors and analysts to believe we are at the start of a new high-inflation, lower-growth super-cycle that could last for as long as a decade.
IMF: Global food prices to remain elevated amid war, costly energy, La Niña.
Interest rate hikes have eased price pressures, but the weather, war and material costs could keep food prices elevated for longer,
IMF: Riding the global debt rollercoaster
Global debt remained above pre-pandemic levels in 2021 even after posting its steepest decline in 70 years, underscoring the challenges for policymakers.
NEMETHY: The case for gold today – again
In April 2021 gold was sitting around a price of $1,700; as of December 10, 2022 it is now approaching $1,800. Relative to just about every other asset class, this is not a bad performance.
CESEE banks expect credit conditions to tighten and NPLs to rise
With most COVID-19-related support measures having been phased out, borrowers are now being put under pressure by surging inflation and sharply rising interest rates.
EU leaders call for faster enlargement for Western Balkans to counter Russian influence
EU leaders sought to reassure the Western Balkans countries that their future is inside the bloc at Tirana summit.
