Browsing: finance

Montenegro is becoming an increasingly attractive destination for digital nomads, thanks to its legal and infrastructure improvements. The country already offers a two-year visa for digital…

Hipotekarna Banka in Montenegro has secured a €10 million credit line from the European Bank for Reconstruction and Development (EBRD), which will be directed towards offering…

As of September 2024, Montenegro’s total public debt amounted to €4.46 billion, which represents 60.19% of the country’s gross domestic product (GDP). After accounting for the…

Montenegro is the only country in the region that doesn’t subsidize airlines, putting its airports at a competitive disadvantage compared to neighboring countries like Slovenia, Serbia,…

In the first three quarters of 2024, Montenegro’s tourism revenues amounted to €1.312 billion, which is €49.5 million less than in the same period last year,…

The third tender this year, offering €12 million for the completion of the Rožaje by-pass, failed to attract any bidders, as confirmed by the Traffic Administration.…

Montenegro and Albania are the first countries in the Western Balkans to join the Single Euro Payments Area (SEPA), a European Union initiative aimed at simplifying…

The increase in value-added tax (VAT) will negatively affect Montenegro’s tourism offer, stated Žarko Radulović, president of the Montenegrin Tourism Association and co-owner of Montenegrostars. He…

The Montenegrin government is preparing a law on the management of state-owned enterprises, which aims to reduce political influence in the sector. The law will establish…

Starting from January 1, 2025, Montenegro will implement a new tax regime for all postal shipments coming from abroad, following changes in the VAT Law. The…