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Tags: Vienna Institute for the International Economic Studies

Montenegrin economy will grow at 5% rate in 2021

Montenegrin economy will grow at 5% rate in 2021

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