Montenegro attracted foreign direct investments (FDI) worth EUR 129mn in the first three months of the year, according to data from the Montenegrin Investment Promotion Agency (MIPA) quoted by Pobjeda daily. The amount is broadly unchanged as compared to the year ago period, which can be perceived as a sign for economic stabilization and gradual recovery from the crisis, MIPA's head, Petar Ivanovic, said. FDI inflow is seen reaching EUR 650mn by the end of 2011. |
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'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 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