Greek investors will not pull out of Montenegro - Ambassador Papadogiorgakis.

By bne IntelliNews November 29, 2011
Greek investors do not plan pulling out of Montenegro, the Greek Ambassador to the country, Emmanuel Papadogiorgakis said, as quoted by RTCG. Despite the sovereign debt crisis in Greece, Greek companies will not withdraw from Montenegrin market and the recently announced news that Greek capital will be injected in local media sector provide a proof for that, Papadogiorgakis added. The Ambassador saw a growing trend for Greek investments in Montenegro in the past two years which is a clear sign that the investment climate in the country is improving.

Related Articles

Montenegro says to borrow EUR 220mn this year, down 12% than planned.

Montenegro's government said it decided on Thursday, March 21, to reduce to EUR 220mn from EUR 250mn the amount it plans to borrow this year for financing its budget spending and servicing ... more

Montenegro reports increased budget revenue in Q1.

Montenegro's budget revenue increased by 11.5% y/y to EUR 195mn in the period from January 1 to March 20 due to higher profit tax, social contributions and VAT inflows, news service ... more

Mobile phone penetration in Montenegro drops to 155.5% in Feb 2013.

Mobile phone penetration in Montenegro dropped to 155.5% at the end of February 2013, from 159.81% at end-Dec 2012 and 163.66% a year earlier, the latest figures of the telecommunications agency ... more

Dismiss