Blog
Montenegro’s trade expansion widens the external gap as energy losses and asset repricing intensify
Montenegro’s goods trade has topped €5 billion, but the rise is import-led, leaving exports at about €570 million and export coverage near 12–13%. The widening deficit…
Možura wind farm: a productive renewable asset shadowed by governance and financing concerns
Commissioned in 2019, Montenegro’s 46 MW Možura wind farm generates about 120 GWh annually and supports the country’s renewable mix. But investigations have also pointed to…
Montenegro approves €40 million EPCG borrowing to strengthen power resilience as trade deficit widens
Montenegro has approved a €40 million borrowing package for state utility EPCG, backed by KfW, to expand the Perućica hydropower plant. The financing comes as carbon…
Montenegro’s central bank tells Washington it is nearing the end of its EU reform push
At meetings in Washington with international financial institutions, Montenegro’s central bank said the country has effectively met its core EU reform obligations for 2025, moving from…
Tivat Airport’s valuation jumps to about 2.5x Podgorica as Montenegro’s tourism-led aviation model diverges
Recent assessments value Tivat Airport at roughly 2.5 times Podgorica Airport, highlighting how Montenegro’s coastal, high-yield tourism demand is reshaping the economics of its two-airport system.
CBAM starts to bite into EPCG’s export model as Montenegro utility posts €13m Q1 loss
Montenegro’s state-owned power producer EPCG reported a €13 million loss in the first quarter of 2026, with the European Union’s Carbon Border Adjustment Mechanism already driving…
Zijin Mining expands gold production in Serbia as the Rogozna area becomes a key Western Balkans mining belt for copper and gold.
China’s Zijin Mining is significantly expanding its footprint in Serbia’s gold sector, extending its influence beyond the well-established copper-gold complex in eastern Serbia into new exploration…
Korsnäs Rare Earths Expansion in Finland Positions European Resources at the Heart of Europe’s Critical Minerals Strategy
European Resources has substantially expanded its Korsnäs rare earths project in western Finland, strengthening one of Europe’s most closely watched critical raw materials developments at a…
Western Balkans Mining Push Puts Europe’s Critical Minerals Strategy to the Governance Test
As the EU accelerates its green transition and industrial decarbonisation, the Western Balkans are emerging as a strategic source of lithium, copper and other critical minerals.…
Latin America’s Lithium Triangle and Copper Belt: Global Powerhouse Driving the Energy Transition and Critical Minerals Supply
Latin America has become one of the most strategically important mining regions in the world, playing a central role in the global shift toward clean energy…