Tag: finance

European Commission praises Montenegro’s progress in IPARD II Program and looks ahead to IPARD III opportunities

The European Commission (EC) has acknowledged Montenegro's efforts in utilizing IPARD II funds and praised the achieved results, according to a statement from the...

Montenegro’s path to sustainable finance: Embracing ESG standards for a green future

Montenegro's financial sector has made significant strides in adopting ESG (environmental, social and governance) standards, but there is still room for improvement, particularly in...

Montenegro’s economic reforms gain praise from World Bank at Davos meeting

Montenegro's success in implementing certain World Bank instruments was highlighted by Ana Bjerde, the World Bank's Director of Operations, during a meeting with Prime...

Montenegro saves 11.94 million euros through hedging arrangement on Chinese loan for highway construction

Montenegro has achieved significant budget savings of 11.94 million euros, thanks to a hedging arrangement applied to its dollar-denominated loan from the Chinese Exim...
Supported byVirtu Energy

Montenegro faces financial challenge in April amid €500 million debt repayment

The government can service all financial obligations without issues until the end of the first quarter of this year, according to economic analyst Mirza...

Montenegro’s economic growth in 2024: Rising salaries and controlled inflation

Montenegro ended 2024 with an average net salary of €993, ranking ahead of countries like Romania (€924) and Bulgaria (€822), although still behind Slovenia...
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