Finance & Investments
Montenegro tax receipts climb to €632 million in early 2026 as collection improves
Montenegro’s Tax Administration collected about €632 million in gross budget revenues in the first four months of 2026, up roughly €32 million year-on-year. The gain was…
EU talks hint at near-€1bn grant window for Montenegro in 2027–2031, but reforms will be the gatekeeper
Brussels is discussing a potential grant framework that could give Montenegro access to nearly €1bn in EU support over 2027–2031, aimed at accession alignment and infrastructure…
Montenegro’s IRMS rollout highlights regulatory misalignment as digital tax reform advances
Montenegro’s move toward a fully digital tax administration through the IRMS platform is running into execution frictions, with businesses citing delays, inconsistent rule application and gaps…
EU moves toward a fix for Montenegro’s euro use as accession talks near the finish
The European Union is working on a “pragmatic solution” to address Montenegro’s long-standing unilateral euroisation as accession negotiations enter their final phase, with a formal proposal…
Montenegro banks see liquidity improve in early 2026 as balance sheet expands
Montenegro’s banking sector ended February with €1.46 billion in total liquid assets, up 7.19% from January and 2.72% year-on-year, according to the Central Bank of Montenegro.…
Montenegro’s first-quarter deficit beats plan, but spending rigidity keeps fiscal risk in focus
Montenegro’s central government posted a €124mn budget deficit in the first three months of 2026, well below the planned gap, helped by stronger revenue collection. But…
Montenegro tightens tax enforcement to curb profit shifting and offshore leakage
Montenegro is moving toward a more compliance-driven tax system as it prepares legal changes aimed at curbing profit shifting, aggressive tax planning and the use of…
Montenegro leans on an investment-first borrowing thesis as capital spending outpaces debt growth
Montenegro’s finance ministry says that between 2020 and 2025, capital investments rose by more than €350mn relative to the increase in net public debt—supporting a claim…
Montenegro’s budget overperformance in Q1 boosts confidence, but the deficit keeps the summer test in focus
Montenegro’s first-quarter revenues beat plan, led by VAT and excise collections, giving the government an early buffer. But a €124mn deficit and rising spending obligations mean…
Montenegro moves to tighten capital market oversight as EU-aligned reforms accelerate
Montenegro’s government has adopted the annual report of its capital markets regulator, underscoring incremental progress in supervision while pointing to persistent structural limits in a shallow…