Markets
Serbia’s industrial competitiveness shifts as CBAM, power costs and EU supply chains converge
As CBAM moves toward full implementation in January 2026, Serbia’s exporters and banks are increasingly tying investment decisions to electricity origin, carbon exposure and renewable integration—rather…
Southeast Europe’s 2026 shift from standalone renewables to battery-backed flexibility
In 2026, Southeast Europe is accelerating battery storage and hybrid renewable projects as investors move away from standalone wind and solar. The change is being driven…
Batteries, grid bottlenecks and carbon costs reshape Southeast Europe’s next power investment cycle
Southeast Europe’s electricity transition is moving beyond renewable build-out toward a system where storage, grid capacity and balancing flexibility determine financing and returns. Serbia’s shifting wind…
Southeast Europe’s power market shifts into a volatility-driven trading regime
During CW21, Southeast Europe’s electricity pricing moved away from a coal-and-hydro pattern as wind intermittency, negative-price risk, cross-border balancing constraints and grid bottlenecks increasingly shaped market…
Solar-driven oversupply and grid bottlenecks push Southeast Europe into a new volatility regime
Southeast Europe’s electricity markets are shifting from a renewables-growth story to a flexibility-and-volatility challenge, as solar expansion brings midday oversupply, negative prices and higher balancing swings.…
Serbia shifts from fast growth to a more strategic, infrastructure-led model as external risks rise
Serbia’s growth outlook for 2026 is being revised down as geopolitical instability, weaker European industrial demand and energy-price volatility weigh on export-linked sectors. At the same…
Montenegro’s luxury tourism and real estate surge signals a shift to investment-led coastal growth
Montenegro’s luxury hospitality revival—highlighted by the reopening momentum around Aman Sveti Stefan—has reinforced investor confidence as tourism and property markets increasingly move together. At the same…
Montenegro’s growth pivot: tourism, construction and renewables drive a new investment cycle—while risks persist
Montenegro is increasingly relying on an infrastructure- and investment-heavy model anchored by tourism, energy and construction, reinforced by government priorities through 2031. But structural vulnerabilities—rising fiscal…
Montenegro’s residency boom is reshaping relocation demand across the Adriatic
As Western Europe tightens residency and investment pathways, Montenegro is drawing entrepreneurs, remote workers and internationally mobile families with a more flexible “near-Europe” proposition. But advisers…
Montenegro’s building permit reset slows approvals but aims to upgrade the Adriatic real estate model
Montenegro has shifted from a notification-based construction system to an EU-aligned mandatory permit regime, temporarily tightening approvals and disrupting issuance. The government is also keeping foreign…