Tag: assembly

Montenegro passes Consumer Credit Law to cap interest rates and protect borrowers

13/02/2025

The Assembly passed the Consumer Credit Law, which eliminates processing and early repayment fees for housing loans and introduces a maximum allowable effective interest...

Finance Minister warns of major financial crisis if budget and borrowing decisions aren’t adopted

25/01/2025

If the Assembly does not adopt the budget and the decision on borrowing, a major problem would arise by the end of March, as...

Interview with Montenegrin Minister of Finance, commenting on the political and economic situation

05/02/2023

Montenegrin Minister of Finance in the technical mandate, Aleksandar Damjanović, said in an interview for Voice of America that borrowing, which is foreseen in...

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