Montenegro’s Parliamentary Committee on Economy, Finance and Budget has approved a proposal to hold a hearing with Finance Minister Novica Vuković and Tourism Minister Simonida Kordić.…
Browsing: Economy
Montenegro’s tourism sector is facing a sharp downturn, with the peak summer season failing to deliver expected results. Žarko Radulović, President of the Montenegrin Tourism Association,…
The total inflow of foreign direct investment (FDI) in the first five months amounted to 354.33 million euros, while 156.14 million euros left the country during…
Preliminary data from the Central Bank of Montenegro (CBCG) shows that net foreign direct investment (FDI) inflows between January and May 2025 totaled €198.19 million, representing…
Tanja Vujičić, a councilor from the European Alliance in Herceg Novi’s municipal assembly, stated that matching last year’s tourism figures is not a success but a…
Montenegro earned €243.44 million from foreign tourists in the first five months of 2025, marking a 6.19% (€16.06 million) decrease compared to €259.50 million in the…
Minister of Spatial Planning, Urbanism, and State Property Slaven Radunović announced that the Velje Brdo development project is planned to start construction by the end of…
Despite optimistic statements from the Ministry of Tourism, official government reports reveal that by the end of June 2025, only 33% of the ministry’s planned activities…
The Government of Montenegro has confirmed that Swiss company Tara Resources (TR) has formally initiated arbitration proceedings against the country following the termination of its concession…
Parliament has adopted amendments to this year’s Budget Law, which, according to the proponents, are of a technical nature and will not affect the overall budget…
