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Articles about real estate, life and investments in Montenegro

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Montenegro Has Chosen a New Prime Minister

Politics & Finance

Montenegro Has Chosen a New Prime Minister

Montenegro's Parliament has approved the country's new Government. Dritan Abazović has been elected as the new Prime Minister (pictured in the center of the bottom row). The government includes 18 ministries, 20 ministers (two without portfolio), and four vice presidents...

April 29, 2022Read more →

Montenegro has established a blockchain and cryptocurrency administration

Politics & Finance

Montenegro has established a blockchain and cryptocurrency administration

Montenegro’s Minister of Finance and Social Welfare, Milojko Spajić, announced the creation of a blockchain and cryptocurrency administration, RTCG reports. The administration, as announced, aims to create a new pillar of the Montenegrin economy through regu...

April 22, 2022Read more →

Montenegrin banks earned 148 million euros thanks to interest rates

Politics & Finance

Montenegrin banks earned 148 million euros thanks to interest rates

An analysis of the operations of Montenegro’s banking sector showed that by the end of 2021, the country’s five largest banks accounted for almost 75% of all sector assets. The total amount of net loans of 11 banks at the end of last year reached a record 2.88 billion eu...

April 19, 2022Read more →

28-year-old Ethereum founder Vitalik Buterin has received Montenegrin citizenship

Politics & Finance

28-year-old Ethereum founder Vitalik Buterin has received Montenegrin citizenship

The Ministry of Finance and Social Welfare (IFSS) announced that one of the leading experts in the blockchain industry, Ethereum founder Vitalik Buterin, has received Montenegrin citizenship. “Buterin received Montenegrin citizenship through naturalization by...

April 12, 2022Read more →

Montenegro has calculated the losses from the non-working Sunday for retail

Politics & Finance

Montenegro has calculated the losses from the non-working Sunday for retail

The introduction of a non-working Sunday in the retail sector has affected a decline in turnover, lower wages, and layoffs, said the Chamber of Commerce and Industry (PKCG), adding that Sunday should be a working day for retail, CD reports...

April 16, 2022Read more →

Russia Declared an Employee of the Montenegrin Embassy Persona Non Grata

Politics & Finance

Russia Declared an Employee of the Montenegrin Embassy Persona Non Grata

On March 24, Russia declared an employee of the Embassy of Montenegro in Moscow persona non grata (Latin: persona non grata — an undesirable person). The Extraordinary and Plenipotentiary Ambassador of Montenegro to the Russian Federation, M. Šćepanović, was summoned to the Russian Ministry of Foreign Affairs, where he was...

March 26, 2022Read more →

Montenegrins’ savings increased by 188 million euros in one year

Politics & Finance

Montenegrins’ savings increased by 188 million euros in one year

According to the Central Bank (CBCG), at the end of 2021, citizens of Montenegro had a total of 1.4 billion euros in local banks, and their savings grew by 15 percent, or 188 million euros, over the year. In December alone, citizens increased their sav...

March 22, 2022Read more →

The Government of Montenegro Has Not Yet Adopted Sanctions Against Russia

Politics & Finance

The Government of Montenegro Has Not Yet Adopted Sanctions Against Russia

On March 17, the Montenegrin government was supposed to adopt sanctions against Russia over Ukraine, but the meeting was interrupted. The Government of Montenegro said that the meeting was interrupted due to disagreements over the procedure for making a decision on the application...

March 18, 2022Read more →

Fuel Prices Are Rising in Montenegro

Politics & Finance

Fuel Prices Are Rising in Montenegro

At present in Montenegro, a liter of BMB 98 costs 1.62 euros, BMB 95 — 1.58 euros, and Eurodiesel — 1.45 euros. The increase in fuel prices in Montenegro may be addressed by the adoption of the Excise Law by the Parliament of Montenegro, which would make it possible to reduce excise duties...

March 9, 2022Read more →

The IMF Forecasts Significant Growth in Montenegro’s Economy in 2022

Politics & Finance

The IMF Forecasts Significant Growth in Montenegro’s Economy in 2022

The International Monetary Fund forecasts that Montenegro’s economy will grow by six percent in 2022. “A recovery in growth is expected in 2021 and 2022 at the levels of 12% and 6%, respectively, which will be driven primarily by normalization...

March 6, 2022Read more →

The EU has allocated over €3 billion for the implementation of projects in the Balkans

Politics & Finance

The EU has allocated over €3 billion for the implementation of projects in the Balkans

The European Commission announced the allocation of 3.2 billion euros for the implementation of 21 projects in the Western Balkan countries. This was reported by the Albanian news agency Telegrafi. According to journalists, the funds will be allocated for the construction of transpo...

March 2, 2022Read more →

Montenegrin authorities have adopted another program to support business

Politics & Finance

Montenegrin authorities have adopted another program to support business

The Government of Montenegro has adopted three support programs from the Ministry of Economic Development aimed at improving the business environment for micro, small and medium-sized enterprises, artisans, and making the maximum possible contribution to the development of the processing...

February 20, 2022Read more →

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