Montenegro

Montenegrin court freezes Italian A2A's shares in EPCG

Denitsa Koseva in Sofia July 19, 2017

Court ruling blocks A2A's plans to exercise put option to exit its 41.7% stake in Montenegrin power monopoly.

Montenegro’s unemployment rate falls to 20.19% in early July

bne IntelliNews July 18, 2017

Latest data is in line with the government’s 2015-2018 macroeconomic projections, according to which the employment level was expected to rise by 0.6% per year, while the unemployment rate was forecast to decline.

Early data indicates strong tourist summer ahead for Southeast Europe

bne IntelliNews July 18, 2017

Tourist arrivals were up across the board in Southeast Europe in May, hinting at a repeat of last year's strong performance.

Wildfires hit Croatia and Montenegro’s Adriatic coast

Akin Nazli in Belgrade July 18, 2017

Croatia's second city Split threatened by fires, as Montenegro is forced to evacuate Lustica peninsular.

Euroscepticism grows in richer Western Balkans countries

Clare Nuttall in Bucharest July 14, 2017

Just 40% of Serbians believe their country will benefit from EU accession, compared to 84% of Kosovans and 80% of Albanians.

Growth potential of CEE and SEE halved in crisis decade, says IMF official

bne IntelliNews July 13, 2017

Fund’s Europe head warns rapid outflows of skilled workers, ageing workforce and political turmoil are adding to dilemma.

Six Western Balkans leaders endorse plan on regional economic area

Valentina Dimitrievska in Skopje, Clare Nuttall in Bucharest July 13, 2017

Plan envisages greater trade integration and mobility across the region, but falls short of the customs union discussed by regional leaders in March.

Sharp population declines reported in Baltic states, Southeast Europe

Akin Nazli in Belgrade July 12, 2017

Lithuania leads the population decline in the Baltic states and Southeast Europe, as overall EU population makes modest increase.

CHINA RISING: Chinese funded highway drives up Montenegro’s debt burden

Clare Nuttall in Bucharest July 10, 2017

Its huge cost in comparison to Montenegro’s tiny economy has caused the Bar-Boljare motorway to ring alarm bells among international financial institutions and rating agencies.

CHINA RISING: Belt and Road Initiative helps shift Chinese investments to Eastern Europe

Clare Nuttall in Bucharest July 10, 2017

Chinese investments in Central and Southeast Europe are on an upward trend that is expected to accelerate as investors shift their attention towards the region.

Montenegro's retail sales grow by 3.8% y/y in May

bne IntelliNews July 5, 2017

Fuel sales increased by 19.9% y/y in May while sales of food, drinks and tobacco fell 11.4% y/y in Montenegro

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