Slovak unemployment inched further down to 3.88% in March
1 day ago
The number of tourists in Montenegro remained very low in November due to the coronavirus (COVID-19) pandemic and measures brought in to address it, the statistics office reported.
The country reported its first coronavirus cases in March 2020 and banned all tourist trips as part of the measures aimed at containing the spread of the disease. These measures immediately hit one of the most important sectors of the Montenegrin economy, tourism, which is expected to contribute to a GDP contraction of between 9% and 12% in 2020.
The statistics office reported that the total number of tourists in Montenegro stood at 8,089 in November, down 85.5% y/y. Foreign tourist arrivals totalled just 5,036 in the eleventh month of the year.
Source: Monstat
Tourists’ overnight stays stood at 30,596, down 70.4% y/y. Foreign tourist overnights amounted 17,072.
Through November, the tourist arrivals shrank 79.1% y/y, while overnight stays collapsed by 79.9% y/y.
Despite the anticipated slump in the tourism sector in 2020, in the longer term tourism is one of the sectors in the country that is forecast to attract the most significant interest from foreign investors.
Related Content
Data
_1713874341.png)
Slovak unemployment inched further down to 3.88% in March
There were 167,493 job applicants in March, which is at its lowest level since the end of 2019.
Poland’s industrial production disappoints in March as output declines 6% y/y
Poland’s industrial production fell 6% year on year in constant prices in March (chart), after a gain of 3.3% y/y the preceding month, unadjusted data from the statistical office GUS showed on April 22.
Ford drives hike in car production in Romania
Romania’s automobile production increased by 7% y/y to more than 150,000 units in Q1.
Akbank launches spring syndicated loan renewals season for Turkish banks at better costs
Benefits of Turkey’s so-called economic normalisation policy clearly observed in external debt rollovers.
Ukraine's birth rate plummets to 300-year low as country’s population collapses
Ukraine’s population collapsed to 29mn souls last year, according to Ukraine Business News, with just 187,000 births recorded (including in Russian-occupied territories). This is the lowest annual figure in recorded history over the last 300 years.
Most Read
-
Europe unlikely to tackle Russian LNG imports anytime soon
2 days ago
-
Will the Baku-Supsa pipeline become Azerbaijan's second oil export artery?
5 days ago
-
Unstable dams mean Chernobyl-scale nuclear disaster threatens Central Asia’s Fergana valley
1 day ago
-
EU finally boosts defence investment into arms production as Ukraine runs out of ammo
1 month ago
-
Russian oil depo at Yartsevo in the Smolensk region set on fire by Ukrainian drone attack
1 day ago
-
Ukraine's birth rate plummets to 300-year low as country’s population collapses
7 days ago
-
EU finally boosts defence investment into arms production as Ukraine runs out of ammo
1 month ago
-
Fresh evidence suggests that the April 2022 Istanbul peace deal to end the war in Ukraine was stillborn
8 days ago
-
Don't mention the "D" word - Ukraine
5 days ago
-
UBN: The US Needs to Wake Up
5 days ago
-
Russia could pay off its entire external debt tomorrow, in cash
25 days ago
-
Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
30 days ago
-
Albanians campaign on social media to keep bus bridge created in freak accident
1 year ago
-
BRICS announce a blockchain-based payment system to create a common currency
28 days ago
-
Saudi Arabia to scale back plans for Neom city
15 days ago