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Interest rates in June show stability and minor changes in Montenegro’s financial sector

In June, the average weighted effective interest rate on total approved loans in Montenegro held steady at 6.61%, according to the Central Bank of...

Montenegro’s CEDIS launches €35 million SCADA project with EBRD support

Montenegro's electricity distribution company, CEDIS, is set to roll out a major SCADA project with financial backing from the European Bank for Reconstruction and...

Prime Minister announces €200 million tender for Podgorica bypass project

Prime Minister Milojko Spajić announced today that Montenegro will issue a tender for the conceptual design of a new highway bypass around Podgorica, with...

President calls for reconsideration of VAT and excise laws amid price hikes and pension concerns

Montenegrin President Jakov Milatović announced at a press conference today that he will return the VAT Law and the Excise Law to the Parliament...
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Real estate foreign direct investments drops 9% in first seven months of 2024, with shift in investor activity

Foreign direct investments (FDI) in Montenegro's real estate sector totaled 237 million euros in the first seven months of 2024, marking a nine percent...

Port of Bar sees 17% increase in cargo handling in first half of the year

In the first half of the year, the Port of Bar handled a total of 914,820 tons of cargo, marking a 17% increase compared...
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