Montenegro posted EUR 140mn in tourism revenue in H1 and 24% higher tourist tax collection compared to a year earlier, the tourism ministry informed. A 6.9% y/y rise in the total number of tourists in H1 and a 7% y/y increase in the overnight stays in H1 point to a good tourist season this year that is expected to last until early November. The majority of the foreign tourists came from Russia, followed by tourists from Serbia and Bosnia and Herzegovina. |
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