Tag: borrowing

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Montenegro’s €200 million loan sparks concerns over Fiscal Strategy and economic stability

The Government of Montenegro has borrowed around €200 million to finance regular expenditures, despite the Fiscal Strategy outlining planned borrowings solely for capital investments....

Citizens of Montenegro face rising debt levels: Concerns for financial stability

As of August 31, the debt of citizens in Montenegro has reached €2.24 billion, according to data from the Central Bank of Montenegro (CBCG)....

Citizens of Montenegro face rising debt, reaching €2.2 billion in 2024

As of 2024, citizens of Montenegro have accumulated a debt totaling €2.2 billion, according to the Central Bank. A significant portion of this debt—43%—is...

Montenegro’s projected borrowing needs total €3 billion over next three years

Boris Mugoša, a member of the Social Democrats (SD), outlined the projected borrowing requirements for Montenegro over the next three years, estimating them at...
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Montenegrin citizens borrow EUR 37.5 million in promotional loans: Central Bank report

Montenegrin citizens borrowed EUR 37.5 million through promotional interest loans in the latter part of March and throughout April, according to the Central Bank...

Citizens in Montenegro take record-breaking loans in March

Montenegro witnessed a historic surge in loan uptake by citizens in March, as they borrowed a remarkable €76.7 million from local banks, marking the...
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