CENTRAL BANK OF MONTENEGRO
Budget deficit at 3%, unemployment 12%, inflation 2-3%
3.2.2010 11:43:53PODGORICA - 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
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
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
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
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
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
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
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
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
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
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
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
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
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
1/26/2009 2:11:39 PM
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