Montenegro

More pain stored up for Emerging Europe in 2023

bne IntelliNews September 29, 2022

Government efforts to shield populations from the energy crisis and rampant inflation have shifted the economic impact to next year, says the EBRD as it downgrades GDP growth forecasts for 2023.

Montenegro’s economy posts 12.7% y/y growth in 2Q22

bne IntelliNews September 22, 2022

Growth is expected to slow later in 2022 as the war in Ukraine affects tourism and other key sectors.

Montenegro’s ruling coalition agrees to nominate Demos leader Lekic for next PM

Denitsa Koseva in Sofia September 19, 2022

Montenegro moves closer to getting new government despite tensions among the 20 small parties forming the ruling coalition.

bneGREEN: Slovenia’s Sigma Energy deploys device to convert sea waves into electricity

bne IntelliNews September 18, 2022

Sigma Energy's full-scale Sigma WEC prototype deployed off Montenegro's Bar in the Adriatic Sea.

Albania’s opposition Democrats to probe allegation party received $500,000 from Russia

bne IntelliNews September 14, 2022

US State Department says Russia covertly channelled over $300mn to foreign political parties, with Albania, Bosnia and Montenegro believed to be among the countries targeted.

Moody’s affirms Montenegro’s B1 rating but warns of growing political risk

bne IntelliNews September 11, 2022

Rising political instability at home and spillovers from the Russia-Ukraine military conflict weigh on Montenegro’s economic and fiscal outlook.

Politicians funded by tobacco smugglers brought down my government, says Montenegro’s outgoing PM

bne IntelliNews September 5, 2022

Top politicians in Montenegro are believed to be involved in the lucrative tobacco smuggling business.

Montenegro’s fragmented former ruling majority to join forces again

Denitsa Koseva in Sofia September 4, 2022

Pro-Russian Democratic Front is the biggest of the 20 small parties that plan to back the country's next government.

FBI to help Montenegro deal with cyber attacks

bne IntelliNews August 31, 2022

Montenegro’s national security agency warns cyber attacks linked to Russia will get worse.

Russia blamed for wave of hacker attacks in Southeast Europe

bne IntelliNews August 28, 2022

Widespread attacks on Montenegrin state institutions and Bulgaria's opposition Gerb party follow shutdown of Albanian government services.

Romanians least likely in the EU to read news online

bne IntelliNews August 24, 2022

Across the EU 72% of EU internet users aged 16-74 read online news sites, newspapers or news magazines, but only 59% of Romanians read news online.

Montenegro’s government fails to survive no-confidence motion

Valentina Dimitrievska in Skopje August 21, 2022

MPs voted overwhelmingly in favour of the no-confidence motion in Dritan Abazovic's government.

bneGREEN: Cleaning up the Western Balkans’ waste problem

Clare Nuttall in Glasgow August 17, 2022

Waste generation has increased sharply in recent decades, but waste management infrastructure has in general failed to keep up.

Gunman kills 11 people in Montenegro after family conflict

bne IntelliNews August 13, 2022

Gunman randomly shot passers-by on the street including children before being shot dead by police.

BALKAN BLOG: Southeast Europe’s ties to Russia prove hard to sever

Clare Nuttall in Glasgow August 10, 2022

Bulgaria shifts back towards Russian orbit after reformist government toppled. Montenegro could be next.

Firefighters battle wildfires in Southeast Europe as heatwave spreads east

bne IntelliNews July 21, 2022

The heatwave that caused havoc in Western Europe is now moving north and east, with temperatures in Southeast Europe expected to peak over the weekend.

Tourists stay away from Montenegro as prices rival Cote d’Azur

bne IntelliNews July 19, 2022

Podgorica was hoping a strong summer season would finally allow its economy to bounce back from the pandemic woes but price hikes at hotels and restaurants are keeping visitors away.

DATACRUNCH: Stagflation visualisation

Ben Aris in Berlin July 18, 2022

Stagflation is here. The world is facing a global recession that could go on for several years as central banks everywhere will be forced to put through growth-crushing large rate hikes to control runaway inflation. But just how bad is it now?

FDI in CEE: It’s about Russia, inflation and populism

Wojciech Kosc in Warsaw July 18, 2022

After February 24, when the first Russian tanks rolled into Ukraine, looking at a map of Europe is no longer what it used to be.

MITTELEUROPEAN INSIGHTS: Brussels needs to jump-start the Western Balkan accession process

Gunter Deuber in Vienna, Fjorent Rrushi in Tirana, Ivona Zametica in Sarajevo July 13, 2022

Only when the Western Balkans is integrated into the EU, and the EU reforms itself, can Brussels really turn its attention to Ukraine or other potential accession candidates.

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