Salaries and pensions for citizens can only remain unpaid if public finances collapse due to excessive borrowing, public spending, widespread party-based employment, systematic destruction of state-owned…
Browsing: borrowing
Montenegro will need approximately €1 billion in 2024 to settle debts from previous years, with half of that amount allocated to repaying euro bonds issued in…
Montenegro’s Finance Minister, Novica Vuković, has confirmed that the planned increases in minimum wages and pensions will not be financed through borrowing, as the country is…
The Government of Montenegro has borrowed around €200 million to finance regular expenditures, despite the Fiscal Strategy outlining planned borrowings solely for capital investments. This discrepancy…
As of August 31, the debt of citizens in Montenegro has reached €2.24 billion, according to data from the Central Bank of Montenegro (CBCG). A significant…
As of 2024, citizens of Montenegro have accumulated a debt totaling €2.2 billion, according to the Central Bank. A significant portion of this debt—43%—is attributed to…
Boris Mugoša, a member of the Social Democrats (SD), outlined the projected borrowing requirements for Montenegro over the next three years, estimating them at approximately three…
Montenegrin citizens borrowed EUR 37.5 million through promotional interest loans in the latter part of March and throughout April, according to the Central Bank (CBCG). The…
Montenegro witnessed a historic surge in loan uptake by citizens in March, as they borrowed a remarkable €76.7 million from local banks, marking the highest monthly…
Montenegro’s banking sector has recently undergone significant changes, with most banks slashing their interest rates on various types of loans. Data from four major Montenegrin banks…
