Montenegro completed negotiations with the European Free Trade Assocation (EFTA) and the two parties will sign an agreement in November, the country's economy ministry said in a news release. While the signing of the agreement will take place at the EFTA ministerial conference in the fall, its actual entry into effect will be in July 2012. The talks included a variety of areas, such as customs issues, agriculture and trade with goods. EFTA is an intergovernmental organisation, set up for the promotion of free trade and economic integration to the benefit of its four member states: Iceland, Liechtenstein, Norway and Switzerland. |
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