Montenegro

European commissioner confirms €30bn EU investment plan for Western Balkans

bne IntelliNews June 11, 2021

Plan will only be effective if region works together Oliver Varhelyi tells summit marred by verbal clash between prime ministers of Serbia and Kosovo.

COMMENT: Time to end Putin's impunity

Jeff Lovitt and Jan Piekło June 10, 2021

The price faced by Russia for aggression must be too high for the Kremlin to countenance, and this is the message that Biden should deliver to Putin – and act upon.

US to impose sanctions against individuals who destabilise Western Balkans

bne IntelliNews June 9, 2021

Executive order signed by US President Joe Biden shows Washington's increased engagement and no tolerance for corruption in the Western Balkans.

Coronavirus restrictions eased across much of Southeast Europe as new cases dwindle

bne IntelliNews June 1, 2021

Easing announced as the number of new cases has fallen sharply, boding well for a revival of economic growth after the spring lockdowns.

The challenge of wooing tourists back to the Adriatic

Clare Nuttall in Glasgow May 27, 2021

The tourism-dependent economies of Albania, Croatia and Montenegro want to convince tourists they will be safe on the sunny shores of the Adriatic.

China ready to discuss rescheduling Montenegro’s loan repayments

Denitsa Koseva in Sofia May 26, 2021

Montenegro previously asked the EU for help to repay the loan from China’s Exim Bank, as the coronacrisis put the government’s finances under pressure. 

Spain’s Glovo to buy Delivery Hero’s business in six Southeast European countries for €170mn

bne IntelliNews May 26, 2021

Barcelona-based delivery company interested in the emerging Europe region where people have embraced on-demand delivery platforms.

Western Balkans do better than eastern EU members on LBGTI rights

bne IntelliNews May 18, 2021

Montenegro has the best legal and policy environment for LGBTI people in the emerging Europe region, ILGA-Europe's latest Rainbow Europe Map shows.

Regional leaders urge EU to speed up enlargement for entire Western Balkans

Valentina Dimitrievska in Skopje May 17, 2021

Presidents of Croatia, Slovenia and aspiring EU members from the Western Balkans say enlargement is a "geopolitical necessity".

Slovenian President Pahor supports EU enlargement of entire Western Balkans

Valentina Dimitrievska in Skopje May 16, 2021

Ahead of Slovenia's 6-month EU presidency Borut Pahor says only entry of all six countries to the bloc would provide peace and stability in the region

Money laundering pushes up property prices in Western Balkan cities

Clare Nuttall in Glasgow May 15, 2021

Real estate and construction sectors are being used to launder illicit money from the drugs trade and migrant trafficking, leading to a hike in prices, says Global Initiative report.

CONFERENCE CALL: Losing the Western Balkans

Clare Nuttall in Glasgow May 5, 2021

The EU’s slow and sometimes confusing response to the coronacrisis in the Western Balkans made room for China to increase its influence.

Commissioner Varhelyi brings first EU-donated vaccines on Western Balkans tour

Valentina Dimitrievska in Skopje May 4, 2021

Tour of the region is also aimed at supporting the Western Balkans countries’ EU integration processes.

Swiss ICT group ALSO acquires Serbia's PIN Computers

bne IntelliNews May 3, 2021

Acquisition of Novi Sad-based PIN Computers to help ALSO's expansion in Eastern Europe.

Subdued recovery expected in Western Balkans after pandemic ended a decade of progress

bne IntelliNews April 28, 2021

The Western Balkans countries can expect only moderate growth between 2021 and 2023 as the damage caused by coronavirus pandemic will continue to depress investments and employment, a World Bank report warned.

Climate change to amplify border tensions in Southeast Europe

Clare Nuttall in Glasgow April 27, 2021

OSCE report identifies border hotspots across the region where rising temperatures and more extreme weather events risk adding to border tensions.

Montenegro spent €25mn to help politicians and magistrates buy property

Denitsa Koseva in Sofia April 21, 2021

Officials say previous governments gave out apartments and loans to magistrates and political figures at a total cost of around €25mn.

Montenegro’s public debt spikes at 82.48% of GDP in 2020

bne IntelliNews April 19, 2021

Montenegro's biggest creditor is China’s Exim Bank, which lent the country most of the funds for the Smokovac-Matesevo highway.

Commissioner says EU looking at ways to help Montenegro repay China debt

Denitsa Koseva in Sofia April 18, 2021

Podgorica asked the EU to help it repay a loan to China’s Exim Bank taken out to pay for the construction of the first priority stretch of the Bar-Boljare motorway.

M&A hits €8.5bn in CEE in Q1, says Mergermarket

bne IntelliNews April 16, 2021

Trend towards bigger deals and more fund investment continues, as deal value rises by half to give best Q1 since 2013.

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