The country has established diplomatic relations with Kosovo after foreign ministers Milan Rocen and Skender Hiseni exchanged letters, the government press office informed. The exchange of ambassadors between the two countries will follow the recognition of a Montenegrin minority in Kosovo. Podgorica demands the recognition of such minority with an official status and representation in Kosovos parliament. Serbian authorities reacted immediately to the motion by issuing a demarche to Montenegro and summoning the Serbian ambassador in Podgorica, Zoran Lutovac, back to Belgrade for consultation. We note that Montenegro officially recognised Kosovos independence in October/2008, which worsened the relations with Belgrade . Serbia expelled then the Montenegrin ambassador. |
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