Browsing: finance

Credit rating agency Standard & Poor’s (S&P) has confirmed Montenegro’s credit rating at B+ with a stable outlook, noting potential for further upgrades if fiscal results…

Representatives of the Montenegrin electricity distribution system (CEDIS) have signed a €329,000 grant agreement with the European Bank for Reconstruction and Development (EBRD). The agreement was…

At the end of July, banks in Montenegro held a required reserve of 306.52 million EUR, according to the Central Bank of Montenegro (CBCG). Of this,…

Montenegro Rail Transport will expand its fleet with three new trains, each consisting of four carriages. The European Bank for Reconstruction and Development (EBRD) has announced…

The Governor of Montenegro’s Central Bank (CBCG), Irena Radović, will participate today and tomorrow in the Bled Strategic Forum. Radović will speak on a panel titled…

Montenegro’s Central Bank Governor Irena Radović highlighted that the CBCG’s reforms in SEPA integration and supervisory enhancements align directly with European standards, marking a key step…

Montenegro recorded a budget deficit of €97.2 million in the first seven months of 2025, equivalent to just 1.2% of GDP, according to the Ministry of…

Governor of the Central Bank of Montenegro (CBCG), Irena Radović, stated that aligning with European rules for small economies like Montenegro is not just a technical…

Montenegro’s revised Draft Regional Development Strategy for 2023–2027 sets out 72 activities for 2025 with a total budget of 699 million euros. The draft, prepared by…

In July, the average net salary in Montenegro reached 1,010 euros, marking a 0.4 percent increase compared to June, according to Monstat. Year-on-year, net salaries rose…