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Montenegro’s pension system: Adjustments, budget outlook and digital transformation plans for 2025

Pensions in Montenegro are adjusted three times a year – on January 1, May 1, and September 1 – based on changes in wages...

Administrative economy post-2020: Inflating consumption without economic development

Boris Mugoša, a representative of the European Union and leader of the Social Democrats' parliamentary group, has criticized the administrative economy's performance since 2020....

Montenegro’s mixed economic picture: Growth in jobs and wages, decline in exports and tourism

The economic situation in Montenegro during the first quarter of 2024 presents a complex picture of growth in some areas alongside significant challenges in...

The wages of Montenegrin workers, compared to those in Europe, are nearly at the bottom

A recent Eurostat report unveiled the minimum wage index across European nations, shedding light on the gross figures of minimum earnings, encompassing both EU...
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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...
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