Tag: economy

Seasonal Budva-Dubrovnik ferry service resumes, boosting regional tourism connectivity

The seasonal ferry line Budva-Dubrovnik-Budva will resume operations starting Friday, with the catamaran Antonija arriving at the Port of Budva. The service is organized...

Montenegro strengthens fight against illegal tobacco trade, boosts excise revenues

The Ministry of Finance and the Government of Montenegro remain strongly committed to combating the shadow economy, increasing transparency, and creating fair business conditions,...

Montenegro records historic low unemployment rate of 9.91% in April 2025

In April 2025, Montenegro recorded an unemployment rate of 9.91%, the lowest level since the Employment Agency began keeping official records, Prime Minister Milojko...

EBRD and EU launch €145 million “SME Go Green” program in Montenegro

The European Bank for Reconstruction and Development (EBRD), in partnership with the European Union (EU), launched the "SME Go Green" program in Podgorica to...
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Tax Administration intensifies inspections, issues over €637,000 in fines

Since the beginning of the year, tax inspectors in Montenegro have conducted 892 inspections and found irregularities with 115 taxpayers, resulting in fines totaling...

Montenegro meets EU criteria for closing Chapter 5 on Public Procurement

Montenegro has met the criteria to close Chapter 5 – Public Procurement, the European Commission (EC) has assessed. According to a draft joint position reviewed...
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