Browsing: finance

According to data from the Central Bank of Montenegro (CBCG), the mandatory reserve of banks at the end of December amounted to 308.5 million EUR. Of…

The Ministry of Labor, Employment and Social Dialogue has confirmed to Pobjeda that it has initiated a process to amend the Law on the Labor Fund,…

The bankruptcy trustee Dejan Keković, in the bankruptcy proceedings of Vektra Jakić, has announced the sale of part of the assets of this former company owned…

The Central Bank of Montenegro (CBCG) and the Government have a strong collaborative relationship, both committed to the key goal of Montenegro’s EU membership, according to…

The European Commission (EC) has acknowledged Montenegro’s efforts in utilizing IPARD II funds and praised the achieved results, according to a statement from the Ministry of…

Montenegro’s financial sector has made significant strides in adopting ESG (environmental, social and governance) standards, but there is still room for improvement, particularly in the area…

Montenegro’s success in implementing certain World Bank instruments was highlighted by Ana Bjerde, the World Bank’s Director of Operations, during a meeting with Prime Minister Milojko…

Montenegro has achieved significant budget savings of 11.94 million euros, thanks to a hedging arrangement applied to its dollar-denominated loan from the Chinese Exim Bank for…

The government can service all financial obligations without issues until the end of the first quarter of this year, according to economic analyst Mirza Mulešković. However,…

Montenegro ended 2024 with an average net salary of €993, ranking ahead of countries like Romania (€924) and Bulgaria (€822), although still behind Slovenia (€1,529) and…