Chinese investments involved investments in companies in Montenegro or their purchase, the purchase of real estate and so-called inter-company debt – companies from Montenegro borrowed money from companies from China. People’s Republic of China has become the largest investor in Montenegro with 70 million euros in direct investments from the beginning of this year to… READ MORE
The EU has named 14 countries whose citizens are considered “safe” to be let in from July 1, despite the pandemic, including Serbia and Montenegro. The list currently features Algeria, Australia, Canada, Georgia, Japan, Montenegro, Morocco, New Zealand, Rwanda, Serbia, South Korea, Thailand, Tunisia and Uruguay. The United States, Brazil and Russia, where the coronavirus… READ MORE
The European Commission has recommended the opening of external borders for Montenegro and other western Balkan countries from 1 July. “The Commission recommends Schengen Member States and Schengen Associated States to lift internal border controls by 15 June 2020, to extend temporary restrictions on non-essential travel to the EU until 30 June and to set… READ MORE
According to the latest forecast report of the Vienna Institute for the International Economic Studies (WIIW), Montenegrin economy will contract by 8%, due to heavy reliance on tourism. The report forecasts that Montenegrin economy will strengthen by 5% next year. Croatia is expected to face the greatest real GDP contraction. (11%). Croatia is followed by… READ MORE
Schools are closed, as well as hospitality businesses and shopping malls. They also closed play rooms for children and betting shops. Their border crossings. All foreigners are prohibited from entering the country. They landed planes, suspended international road and rail traffic. They introduced bans on all public gatherings. All Montenegro nationals who came from abroad… READ MORE
Western Balkans region should put its natural and cultural potential into the function of tourism economy, harmonised with modern demand of the world market. Montenegro has become prestigious tourism destination. However, only a unified, diverse and wider tourism offer of the region countries can be valued more efficiently on the international market, it was said… READ MORE
The National Tourism Organisation of Montenegro, in cooperation with Turkish Airlines and the tourism industry, will present the tourism offer of the destination at the China International Tourism Industry Expo – CITIE, held from August 30 to September 1 in Guangzhou, China . On the first day of the fair, the all-day Balkan Roadshow program… READ MORE
Montenegro-Serbia relations remain strained and it’s very hard to predict in what direction they are going to move, says in the interview for Pobjeda, Mr Žarko Korać, Professor in the Faculty of Philosophy in Belgrade and former Vice-President of the Government of Serbia. He points out that there are still many open questions in the… READ MORE
Serbia has taken the leading position from Mozambique and become first in the world in terms of foreign direct investment, according to Financial Times (FT). According to the most recent 2019 rankings published by specialist FT service, Serbia is at the top of the ranking with an index of 11.92 points, which is 1.33 index… READ MORE
Agreement on the reduction of roaming charges among the countries in the region comes into effect today. This Agreement will enable citizens to pay roaming services at lower prices and to avoid too expensive bills. Montenegrin Telecom has informed its users that starting from the 1st July until 31 December of 2019, reduced roaming prices… READ MORE