Montenegrin President Jakov Milatović announced at a press conference today that he will return the VAT Law and the Excise Law to the Parliament for reconsideration.…
Browsing: Economy
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 to the…
Vladimir Drobnjak, the Acting Director of the Pension and Disability Insurance Fund (PIO), assured that pensions will remain secure and could potentially increase. Despite the anticipated…
This week on the Montenegro Stock Exchange, a modest rise in the index and a notable increase in trade volume were observed. This activity coincided with…
The recent decision by the Montenegrin Parliament to increase VAT on the tourism sector from seven to 15 percent has raised significant concerns among tourism professionals.…
Montenegro’s revenue from gambling and games of chance reached approximately €18 million in the first seven months of the year, representing an 80% increase compared to…
At the end of August, Montenegro had 32,600 unemployed individuals, a 3% decrease from July, according to data from the Employment Agency (ZZZ). The unemployment rate…
The luxury beachfront hotel-residential complex “Porta Rai”, being developed in Ulcinj, was officially unveiled in Podgorica this evening. The event was attended by numerous dignitaries, including…
Montenegro’s Parliament has approved a new set of economic laws, effective September 1. Key changes include reducing pension contributions for both employers and employees, and introducing…
EPCG (Electric Power Company of Montenegro) and the German Development Bank (KfW) have finalized a €40 million loan agreement to finance the installation of the A8…
