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Government reports budget and debt figures for 2024, advances key legislation

At its 82nd session chaired by Prime Minister Milojko Spajić, the Government of Montenegro approved the Draft Law on the Final Budget Account for...

Strategic solar energy project promotes green transition in Montenegrin tourism sector

The development of solar energy in Montenegro’s tourism and hospitality sector presents a major opportunity to accelerate the country’s green transition and strengthen energy...

Montenegro’s bank deposits reach record €5.84 billion in 2024 amid growing confidence and legal challenges

At the end of 2024, total deposits in Montenegrin banks reached €5.84 billion, accounting for 80.53% of total liabilities, according to the 2024 Annual...

Montenegrin employers warn against 7-hour workday proposal due to economic impact

At a recent meeting of the Board of Directors of the Union of Employers of Montenegro (UPCG), business representatives expressed serious concerns about the...
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Montenegro’s tourism faces challenges: Infrastructure, pricing and strategic management gaps

Montenegro is not price competitive and has long struggled with infrastructure issues and poor air connectivity in recent years. Additionally, it lacks a strategic...

Parliament ratifies cooperation agreement with UAE, opening new partnership opportunities

Montenegro’s Parliament ratified a cooperation agreement with the United Arab Emirates (UAE), marking the start of a new era of partnership and opportunities, according...
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