Montenegro’s finance minister says ready to step down

By bne IntelliNews February 16, 2016

Montenegro’s finance minister Radoje Zugic said he is willing to quit his position, contributing this way to the political dialogue between the Prime Minister Milo Djukanovic and the opposition.

In January, Djukanovic proposed to the opposition parties to enter the government in exchange for their support.The idea was initiated by the opposition Pozitivna Crna Gora. Djukanovic then said he was ready to offer positions in the ministries of internal affairs, finance, social affairs and agriculture.

Following Djukanovic’s proposal, most opposition parties started talks with the ruling Social Democratic Party (SDP), seeking to find agreement on the government changes.

“I will gladly contribute to this [political dialogue],” Zugic was quotedas saying by Portalanalitika.me.

The negotiations are expected to end this week with agreement between all parties.

Related Articles

EBRD says 2016 net profit was around €1bn

The European Bank for Reconstruction and Development (EBRD) said it made a net profit of around €1bn in 2016, up by a quarter from the €802mn it made in ... more

Bar-Boljare motorway construction to push Montenegro's debt above 80% of GDP

The International Monetary Fund (IMF) has projected that Montenegro’s general government debt will reach 82% of projected GDP by 2019 due to the construction of the Bar-Boljare motorway. This will ... more

Montenegro plans to privatise tourist resorts in 2017

Montenegro plans to offer state-owned stakes in several resorts and other companies from other industries this year, according to the ... more

Register here to continue reading this article and 2 more for free or purchase 12 months full website access including the bne Magazine for just $119/year.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

To continue viewing our content you need to complete the registration process.

Please look for an email that was sent to with the subject line "Confirmation bne IntelliNews access". This email will have instructions on how to complete registration process. Please check in your "Junk" folder in case this communication was misdirected in your email system.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

If you have any questions please contact us at sales@intellinews.com

Subscribe to bne IntelliNews website and magazine

Subscribe to bne IntelliNews website and monthly magazine, the leading source of business, economic and financial news and commentary in emerging markets.

Your subscription includes:
  • Full access to the bne content daily news and features on the website
  • Newsletters direct to your mailbox
  • Print and digital subscription to the monthly bne magazine
  • Digital subscription to the weekly bne newspaper

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

bne IntelliNews
$119 per year

All prices are in US dollars net of applicable taxes.

If you have any questions please contact us at sales@intellinews.com

Register for free to read bne IntelliNews Magazine. You'll receive a free digital subscription.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

IntelliNews Pro offers daily news updates delivered to your inbox and in-depth data reports.
Get the emerging markets newswire that financial professionals trust.

"No day starts for my team without IntelliNews Pro" — UBS

Thank-you for requesting an IntelliNews Pro trial. Our team will be in contact with you shortly.

Dismiss