Browsing: wages

Nominal wage growth, pensions and social assistance over the last six years have been significantly undermined by inflation, while rising living costs, such as rents and…

Pensions in Montenegro are adjusted three times a year – on January 1, May 1, and September 1 – based on changes in wages and inflation,…

Boris Mugoša, a representative of the European Union and leader of the Social Democrats’ parliamentary group, has criticized the administrative economy’s performance since 2020. He argues…

The economic situation in Montenegro during the first quarter of 2024 presents a complex picture of growth in some areas alongside significant challenges in others. The…

A recent Eurostat report unveiled the minimum wage index across European nations, shedding light on the gross figures of minimum earnings, encompassing both EU members and…

Inflation, wage growth and other macro and microeconomic influences have made Montenegro the most expensive destination for living in the region, if we exclude Croatia and…

Montenegro’s economy is overly reliant on tourism and foreign-born workers. Home to just over 600,000 people, stunning mountains, and perhaps the most beautiful stretch of Adriatic…

Montenegro’s economy is overly reliant on tourism and foreign-born workers. Home to just over 600,000 people, stunning mountains, and perhaps the most beautiful stretch of Adriatic…

One of the trends that marked the previous period is the rise in prices. Inflation (measured by the consumer price index – CPI) increased by 10.1%…

One of the trends that marked the previous period is the rise in prices. Inflation (measured by the consumer price index – CPI) increased by 10.1%…