Montenegro, Germany sign cooperation agreement.

By bne IntelliNews October 14, 2010
Representatives of the Montenegrin and German governments signed a cooperation agreement on Wednesday (Oct 13), the cabinet press office said. Germany is to provide financial assistance worth EUR 21mn under the accord. The funds will finance Montenegro's efforts to reach the EU standards, mainly in the field of energy efficiency. The signed protocol also envisages a potential EUR 20mn loan agreement with the German development bank KfW.

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

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335