Montenegro’s Finance Ministry calculated that the proposed Euro Model would reduce annual payroll-related taxes to about 1,000 euros for an employer paying a 1,400-euro net monthly salary, from roughly 4,155 euros under current rules. The government has not published an independently reviewed estimate of the reform’s full fiscal impact.
Browsing: public finances
The European Commission warned that Montenegro’s Euro Model could add pressure to public finances and the external balance. The 2026 deficit is projected at 3.7% of GDP, above the 3% fiscal-rule ceiling.
Montenegro recorded a €124.2 million budget deficit during the first nine months of 2026, an increase of 46.6% compared with the same period of the previous…
Montenegro has secured €89.3 million in EU Growth Plan funding and is awaiting approval of another €97.3 million, with the financing intended to support structural reforms,…
Montenegro’s public finances recorded higher revenue collection and increased investment expenditure in the first nine months of 2026, with total budget income reaching €2.32 billion and…
Montenegro’s proposed Euro Model wage reform could significantly weaken municipal finances, with local governments forecasting lower tax receipts, higher payroll expenditure and potential reductions in infrastructure…
Montenegro collected €288.58 million in source revenue in August, an increase of 10.98% compared with the same month of 2025. Tax receipts accounted for 80.96% of…
Montenegro recorded €63.36 million in capital expenditure in August, exceeding the planned amount by €37.49 million and the level recorded in the same month of 2025…
Montenegro recorded a consolidated budget deficit of €2.50 million in August, equivalent to just 0.03% of estimated GDP, as a sharp increase in expenditure was largely…
Montenegro’s proposed “Euro Model” reform would change wage levels, pension financing and municipal funding through a package of six draft laws adopted by the government on…
