CENTRAL BANK OF MONTENEGRO

Budget deficit at 3%, unemployment 12%, inflation 2-3%

3.2.2010 11:43:53

PODGORICA - Budget spending should be optimized, while an arrangement with the IMF is seen as the best way out of the crisis.

LABOR MARKET

Unemployment in decline for 8 weeks

PODGORICA - The unemployment rate declined from 10.37% to 10.33%, the Montenegrin Employment Bureau (ZZZ) informs.
6/17/2009 12:04:16 PM

FOREIGN INVESTMENTS

FDIs in Montengro fall 38% in four months

PODGORICA - In the same period, the ratio between inflow and outflow of foreign capital went down by a third to EUR 124.4mn.
6/10/2009 10:42:24 AM

FOREIGN INVESTMENTS

FDIs in Montenegro more than halved

PODGORICA - FDIs reached EUR 23.6mn, almost twice lower sum in annual terms, and reduced the expected GDP by 0.7%.
5/13/2009 1:05:18 PM

RECESSION LOOMING?

Montenegro doesn't need IMF help

PODGORICA - In its latest report, the IMF forecasts the Montenegrin GDP will drop 2.7% in 2009 and enter recession over the next two years.
4/29/2009 2:08:54 PM

WEATHERING THE CRISIS

Croatia goes for mass tourism: Montenegro for elite one

ZAGREB, PODGORICA - Hotels and restaurants along what was once the Yugoslav coastline are cutting prices in the biggest downturn since the 1990s.
4/21/2009 11:56:08 AM

MONTENEGRIN INDUSTRY

EUR 41mn for redundant workers at KAP

PODGORICA - The two-partite programme in question specifies the severance pays and loans for establishing new companies and employing workers from the SME sector.
4/16/2009 11:41:25 AM

LOOMING RECESSION

Montenegro's budget unsustainable

PODGORICA - Montenegro cannot avoid the recession which has affected the entire region, Bernard Funk from the World Bank says.
4/6/2009 3:39:39 PM

INTERVIEW

Đukanović says 2% GDP growth would be a huge success

PODGORICA – Sunday elections aim at preventing the crisis from spreading further, while speeding up the EU accession process, Reuters writes.
3/27/2009 12:44:05 PM

PRIVATIZATION COUNCIL

Four Montenegrin companies on tender, one more pending

PODGORICA - Furthermore, tender documentation for Velika plaza was appoved and results of the international tender for leasing the Lustica peninsula confirmed.
3/19/2009 12:55:30 PM

CENTRAL BANK RESERVES

Montenegrin banking system 'saved' with EUR 85.8mn

PODGORICA - Almost a half of the total sum, or precisely EUR 44mn, was allocated to Prva banka, whose major owner is PM's brother Aco Đukanović with 49% stake.
3/11/2009 4:15:45 PM

FORECASTS

IMF sees Montenegrin GDP at about 2%

WASHINGTON – The IMF set GDP growth target at 2% and forecasts a mid-term economic recovery.
3/10/2009 2:13:21 PM

NO SIGNS OF CRISIS

Montenegro marks salary increase and deflation

PODGORICA - If such trend continues in the upcoming months, the average salary might exceed EUR 515, how much PM Milo Dukanovic forecasted for year-end.
3/9/2009 4:01:16 PM

ANALYSIS

Montenegro's privatization positive after all

PODGORICA - Montenegro earned EUR 1.5bn from privatization of public company from 1995 to 2007, Deputy PM reports.
3/3/2009 2:26:19 PM

LABOR MARKET

Unemployment in Montenegro at high 10.71%

PODGORICA – A 0.5% increase at weekly level makes the total number of unemployed citizens at almost 28,300.
1/26/2009 2:11:39 PM
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