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Montenegro’s economic struggles: Rising prices, stagnant purchasing power and the impact of government policies

The purchasing power of citizens in Montenegro by the end of 2024 is predominantly rated as a three on a scale of 1 to...

President highlights the need for sustainable development and long-term goals for Podgorica’s future

The President of Montenegro, Jakov Milatović, emphasized that the development of Podgorica must be dynamic, sustainable and focused on long-term goals that enhance the...

Governor of the Central Bank of Montenegro announces extension of interest rate reduction for citizens

The Governor of the Central Bank of Montenegro (CBCG), Irena Radović, stated that she expects the initiative to lower interest rates for citizens to...

One-third of Montenegrins in debt: Challenges and financial advice

A third of the citizens of Montenegro are in debt, with their total loans to banks nearing two billion euros. According to the Central...
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Union of Free Trade Unions of Montenegro advocates for improved housing policy

Since 2008, the Union of Free Trade Unions of Montenegro (USSCG) has been focused on improving housing policy, particularly in the areas of social...

Citizens of Montenegro face rising debt, reaching €2.2 billion in 2024

As of 2024, citizens of Montenegro have accumulated a debt totaling €2.2 billion, according to the Central Bank. A significant portion of this debt—43%—is...
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