Montenegro's pension and disability insurance fund (PIO) said that the average pension in the country was raised to EUR 279.55% in January, up from EUR 271.22 in January 2011. As a comparison, the average net salary amounted to EUR 484 in December 2011 and the minimum consumption basket (the total amount of expenditures that an average four-member family incurs for a period of one month) was EUR 770. Totally 119,521 were the pensioners in the country in January, 1,245 people more than in December 2011 as a result of law amendments that introduced relaxed pension requirements. |
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