Montenegro’s estimated shadow economy among registered private businesses and entrepreneurs has declined from 20.6% to 12.4% of GDP, while informal employment and partially undeclared wages have…
Browsing: wages
Montenegro recorded approximately 23,620 registered unemployed people in September, as labour-market conditions remain a concern ahead of planned wage and employment reforms. The latest figures show…
Competition in Montenegro’s financial-services sector is expanding through the entry of a new non-life insurer and wider digital access to banking services offered by CKB. Veder…
Montenegro’s proposed Euro model is coming under increased scrutiny from employers as companies assess the potential effects of higher minimum wages on payroll costs, employment and…
Montenegrin retailer Tobacco S Press estimates that the government’s proposed Euro Model wage reform would add at least €3.3 million to its annual labour costs and…
Montenegro’s proposed Euro Model wage and tax reform could reduce revenues in some northern municipalities by 10%-30%, according to estimates raised during consultations with businesses and…
Negotiations over Montenegro’s new General Collective Agreement have stalled after employers requested detailed legislation and cost calculations for the government’s proposed Euro Model wage and tax…
Montenegro’s planned minimum wage overhaul has raised concerns among businesses over higher employment costs, as companies await details of proposed changes to labour taxes and contributions.…
Montenegro plans to raise minimum net wages to between €1,000 and €1,400 while reducing labour taxation under the government’s proposed “Euro Model”. The new minimum would…
Montenegro’s employment indicators continued to improve in early 2026, while the increase in average net earnings remained below the pace of consumer-price growth. Average net earnings…
