Tag: wages

Montenegro is the most expensive destination to live in the Balkans

Inflation, wage growth and other macro and microeconomic influences have made Montenegro the most expensive destination for living in the region, if we exclude...

Economy in focus: Montenegro

Montenegro’s economy is overly reliant on tourism and foreign-born workers. Home to just over 600,000 people, stunning mountains, and perhaps the most beautiful stretch of...

Price and GDP growth

One of the trends that marked the previous period is the rise in prices. Inflation (measured by the consumer price index – CPI) increased...

The average salary for the year increased by 11.3%, almost 800 EUR in August

The average salary without taxes and contributions in August amounted to EUR 799 and recorded an increase of 11.3% compared to the same month...
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September pensions will be increased by five percent

The decline in indices and turnover marked the week in which it was announced that September pensions in Montenegro will be increased by five...

Pensioners were often deprived

The average pension in 2006 was 142 euros, and at the end of 2020 it was 290 euros. This is an increase of 104%,...
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