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From Friday, cafes and restaurants will be closed in Podgorica, Cetinje, Budva and Ulcinj

From Friday, cafes and restaurants will be closed in Podgorica, Cetinje, Budva and Ulcinj

New restrictive measures will be introduced from Friday in Podgorica, Cetinje, Budva and Ulcinj. Namely, catering establishments will be closed, and only members of one family will be allowed to stay inside a residential property. This was announced by the Instit...

November 5, 2020Read more →

There are 3,957 coronavirus cases in Montenegro

Society

There are 3,957 coronavirus cases in Montenegro

According to the Institute of Public Health, there are 3,957 coronavirus cases in Montenegro, that is, 628 infections per 100,000 people. The laboratory of the Institute of Public Health collected 734 samples. Of these, 275 are new...

November 1, 2020Read more →

Montenegro’s Banking System Remains Stable

Politics & Finance

Montenegro’s Banking System Remains Stable

The liquidity ratios of Montenegro’s banking system were generally above the required minimums both at the current level and over the past decade. According to data from the Central Bank (CBCG), the average liquid assets of banks in August amounted to around one billion euros...

November 11, 2020Read more →

In Montenegro, there were 76% fewer tourists in September

Tourism & Leisure

In Montenegro, there were 76% fewer tourists in September

In Montenegro, the statistical agency Monstat registered 38.83 thousand tourists in September, which is 76.5% less than in the same period last year. The number of overnight stays amounted to 176.55 thousand, which is 74 percent less than in the same...

November 9, 2020Read more →

New Tourist Facilities, Parks, and Kindergartens to Be Built in Ulcinj

New Tourist Facilities, Parks, and Kindergartens to Be Built in Ulcinj

The Government of Montenegro has adopted amendments to the state study of the port area on Cape Đeran in Ulcinj. According to the amendments, the location has been divided into eight blocks intended for the construction of residential buildings, tourist complexes,...

November 3, 2020Read more →

Montenegro Records a Decline in the Volume of Money Transfers from Abroad

Politics & Finance

Montenegro Records a Decline in the Volume of Money Transfers from Abroad

Due to the effects of the coronavirus pandemic, in the first half of 2020 the inflow of remittances was 5.7 percent lower than in the same period last year, reports the Central Bank of Montenegro. In 2019, the volume of diaspora remittances amounted to...

October 30, 2020Read more →

Montenegro May Receive Around €500 Million from the EU for Development

Politics & Finance

Montenegro May Receive Around €500 Million from the EU for Development

Montenegro may receive around €500 million from funds allocated by the EU for the Investment Plan for the Western Balkans. Montenegro can expect to receive about five percent of the funds, grants and concessional loans worth nine billion euros from...

October 28, 2020Read more →

The Cost of the Minimum Consumer Basket Has Increased in Montenegro

Politics & Finance

The Cost of the Minimum Consumer Basket Has Increased in Montenegro

The total cost of the minimum consumer basket in Montenegro for September 2020 amounted to 646.10 euros. According to the Monstat statistical office, of this amount, spending on food and non-alcoholic beverages amounted to 277.30 euros, and...

October 26, 2020Read more →

The Constitutional Court Will Consider the Case on Abolishing the Non-Working Sunday

The Constitutional Court Will Consider the Case on Abolishing the Non-Working Sunday

The case concerning the abolition of the non-working Sunday, which has been in effect for retail and wholesale trade since October 20 last year, is still under consideration by the Constitutional Court. The initiative to remove this provision from the Law on Internal Trade...

October 24, 2020Read more →

The Pension Fund Announced the Amount of the Average Pension in Montenegro

The Pension Fund Announced the Amount of the Average Pension in Montenegro

The average pension for August 2020 amounted to 290.24 euros. This was announced by Jadranka Milošević, Director of the Pension and Disability Insurance Fund. As for the Fund’s budget deficit, the budget rebalancing increased it ...

October 22, 2020Read more →

Starting Monday, cafes and restaurants in 5 regions will be closed

Starting Monday, cafes and restaurants in 5 regions will be closed

Food service establishments in Budva, Cetinje, Kolašin, Ulcinj, and Žabljak will be closed starting Monday, October 19. Kindergartens and schools will be switched to remote learning. This was announced by the Institute of Public Health of Montenegro...

October 18, 2020Read more →

The Government of Montenegro Paid Off €70 Million in Debts During the Pandemic

Politics & Finance

The Government of Montenegro Paid Off €70 Million in Debts During the Pandemic

In the second quarter of this year, which was marked by the coronavirus crisis and lockdown, the Government of Montenegro paid off debts amounting to €70.2 million, according to the latest official data from the Ministry of Finance. €5.55 million relates to the repayment of debt to residents...

October 20, 2020Read more →

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