Around 20 hotels in Montenegro have downgraded their official classification over the past year, moving from hotel status to private accommodation. This follows a government decision…
Browsing: Economy
At the end of May, banks’ liquid assets amounted to €1.39 billion, marking a 5.3% increase compared to April. Compared to May of the previous year,…
Montenegro may store its mandatory oil reserves abroad—in Italy, Croatia, Slovenia, or Greece—if an agreement cannot be reached to keep them in the Jugopetrol reservoirs in…
While officials annually claim that the tourist season has started well, the reality is different for local private accommodation providers, the backbone of Montenegro’s tourism, who…
Montenegro is the fastest-growing global hub for millionaires, while countries like Switzerland, the United States, and the United Arab Emirates continue to attract wealthy individuals. According…
Nikola Milović, a member of the Democratic Party of Socialists (DPS), highlighted that around 76,000 Montenegrin passports were registered at Tirana International Airport in just the…
Since the beginning of the year, 110,000 tickets have been sold for Skadar Lake National Park, marking a 15 percent increase compared to last year, said…
Since the beginning of the year, 2.49 million vehicles have passed through the Sozina Tunnel. According to data from Monteput, the company managing the tunnel, 3.78…
Consumers in Montenegro enjoy the same rights as those in the European Union, according to Željko Tomović from the Ministry of Economic Development. He noted that…
Elektroprivreda Crne Gore has announced a tender for the preparation of project documentation for the construction of the Slano solar power plant, with a capacity of…
