Montenegro and Bulgaria may establish a joint venture for transmission of electricity to Italy through the submarine cable connecting Montenegro and Italy, the Montenegrin government informed on its website. The projects was discussed at the meeting between Bulgarian PM Boyko Borisov and Montenegrin PM Igor Luksic, held in Montenegro on October 21. PM Boyko Borisov also reconfirmed Bulgaria's support for Montenegro's EU membership and noted that he would restate Bulgaria's positive stance once again in Brussels in December. |
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