NLB Montenegrobanka posts EUR 34.5mn loss in Jan-Sep

By bne IntelliNews November 22, 2012
Montenegrin government is expected to approve at its session in the first week of December the composition and the programme of the new government, which will be led by Milo Djukanovic, an unnamed source from the leadership of the governing coalition told Portal Analitika. The source said mandate-holder Djukanovic is close to wrap up the principles and the structure of the new government. According to unofficial information, Djukanovic planned to make some changes in the government structure, but further details was expected to be announced to the public at the end of the week or at the beginning of the next week. Montenegrin President Filip Vujanovic nominated the leader of the ruling Democratic Party of Socialists (DPS), Milo Djukanovic, to replace Igor Luksic as PM. The decision was made following consultations with representatives of political parties at the beginning of November. Coalition for European Montenegro, led by DPS, won 39 seats in the 81-seated parliament, following the October parliamentary elections in Montenegro. This was however not enough to form a majority, so DPS joined forces with minority parties to form a parliamentary majority.
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