At its 88th session, the Government of Montenegro approved a request from the state power utility EPCG to secure a long-term loan of 50 million euros from ERSTE GROUP BANK AG. The funds will be used to purchase electricity during the ongoing ecological reconstruction of the Pljevlja thermal power plant, which is currently offline.
The Government adopted a plan to proceed with the mandatory public takeover of shares in the Institute “Dr Simo Milošević” in Igalo. The restructuring process includes a recapitalization plan to be implemented promptly. The Ministry of Health and minority shareholder HTP Vile Oliva will initiate the legal steps to acquire shares from minority shareholders and launch the recapitalization process.
A new awareness and public education program was adopted to reduce the environmental impact of plastic bags. With a total budget of 800,000 euros, the program aims to shift consumer behavior and reduce plastic waste through education and alternative options. Funding comes from a legal fee imposed on the sale of certain plastic bags.
The Government reviewed concession activities in mineral resource extraction, with projected revenues of over 5.3 million euros in 2024. It adopted a decision to set a maximum electricity price of 65 euros/MWh for renewable energy auctions and defined a quota of 250 MW for the first round, specifically for solar power plants with capacities of 400 kW or more.
Additional regulations were passed to govern the auction process, criteria for setting maximum prices, and procedures for managing and ranking bids on unspecified project locations.
The Government approved 30,000 euros to co-finance upgrades to a sports field in Pljevlja and 56,218 euros for the construction of a new sports facility in Brzava, Bijelo Polje.
A new European Youth Card (EYC) development program for 2025–2027 was adopted, aiming to increase youth mobility, improve access to discounts, and expand educational and networking opportunities. The three-year plan includes a budget of 363,480 euros, supported by the state and donations. Since 2022, more than 87,000 free EYC cards have been distributed in Montenegro, granting access to benefits at over 750 domestic and 30,000 international locations.
