Tag Archives: Montenegro
Montenegro’s credit boom turns the growth engine inward, raising questions on capital allocation
In early 2026, Montenegro’s banking system is expanding faster than the real economy can absorb it: total loans reached €5.33 billion (+12.7% year-on-year) as household lending…
Montenegro’s credit-led momentum meets a worsening external backdrop
At the start of 2026, Montenegro’s macro picture shows accelerating domestic demand supported by credit expansion, lower borrowing costs and improving labour conditions. But export weakness—especially…
Montenegro heads into 2026 with steadier inflation and a growth engine that still needs diversification
As Montenegro enters 2026, GDP growth is holding steady while inflation continues to cool, easing pressure on households and businesses. The outlook looks more stable than…
Montenegro’s growth engine tightens its grip: real estate, bank credit and foreign capital move as one
Early 2026 data show foreign investment and bank lending are increasingly feeding Montenegro’s property cycle, with more than half of FDI flowing into real estate. The…
Montenegro’s 2026 growth is powered by households—but the financing and trade backdrop leave it exposed
At the start of 2026, Montenegro’s expansion continues to rely on household demand, with consumption up in 2025, employment rising and wages stabilising. Yet weakening exports…
Euro adoption leaves Montenegro with fewer levers as growth depends on outside forces
Montenegro’s unilateral use of the euro has helped keep inflation and borrowing costs contained, but new early-2026 indicators also underline how little room the country has…
Montenegro banks shift gears: faster credit growth, lower rates—and a tougher test of how risk is deployed
Montenegro’s banking system entered 2026 with rising profits, expanding loan books and growing deposits, alongside an easing in the effective lending rate on new loans. But…
Montenegro’s euroised budget looks stable in early 2026, but the margin for error is thin
Montenegro’s January 2026 budget shows manageable strain—revenues of €162.6 million and a deficit of €33.2 million (about 0.4% of estimated GDP). But with euroisation removing key…
Montenegro’s tourism growth is steady—but demand concentration keeps the economy exposed
Overnight stays rose in January 2026, extending Montenegro’s tourism cycle beyond the traditional summer peak. But foreign visitors remain heavily concentrated in a few source markets—leaving…
easyJet adds seats to Tivat for summer 2026 as Western Europe demand lifts Montenegro’s peak-season outlook
easyJet is set to increase its summer 2026 capacity into Montenegro’s Tivat airport, adding weekly flights from Berlin and Manchester and extending higher frequencies into September…