Tag: finances

Governor of the Central Bank of Montenegro strengthens partnership with Bundesbank in Frankfurt

Governor of the Central Bank of Montenegro, Irena Radović, met with Joachim Nagel, the Governor of the Bundesbank, in Frankfurt. During the meeting, the...

Montenegro prioritizes public official salary increases over raising proportional pensions

The chances of increasing proportional pensions to 450 euros, the minimum pension in Montenegro, starting in January 2025, are decreasing. The government has prioritized...

Montenegro’s September salaries: Average net earnings rise amid sector growth

In September, the average salary before taxes and contributions in Montenegro reached 877 euros, marking a 1.9% increase compared to August, according to Monstat...

European Commission warns of public finance risks in Montenegro’s ‘Europe Now 2’ program

The European Commission, in its draft report on Montenegro's progress for 2024, has highlighted that the "Europe Now 2" program poses risks to public...
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Montenegro’s capital budget execution for 2023

In the first nine months of this year, Montenegro's capital budget saw expenditures of €110.91 million, which accounts for 47% of the total planned...

High interest rates and underutilization of capacity hinder new investments in Montenegro

A recent survey by the Central Bank of Montenegro (CBCG) reveals significant obstacles to new investments, primarily driven by underutilization of existing capacities, high...
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