March 24th, 2018 – Opening a bank account in a foreign country might be difficult and stressful. In Serbia, if you are non-resident, you will have to provide over ten documents, while in Croatia you need to deposit a minimum amount of money according to some sources.
What is the situation in Montenegro?
The Telenor group signed a contract with Czech PPF group to sell its business in Central and Eastern Europe for 2,8 billion euro.
The debt for electrical bills will soon be part of the loan’s register controlled by the Central bank CBCG, which means that the banks will have access to data about whether the citizens are paying electrical bills regularly or not when applying for a loan at the bank.
The Parliament approved this year’s budget amendments which enable the Government to make loans in the amount of almost one billion euro for the current year.
March 20th, 2018 – Throughout history, Montenegro has been described as a country of the sea, mountains, sun and wine. It is a home of the largest vineyard on one site in Europe and every year more people are interested in investing in this business.
How many employees Montenegro needs in the public administration, i.e. where exactly is there a surplus and where are others lacking, will be known by the end of June, said the Ministry of Public Administration.
Consumer basket for a family of four in the Federation of Bosnia and Herzegovina is 1.060 euro; in Republica Srpska it is 970 euros, while in Montenegro it is 629 euros?
March 19th, 2018 - It has been just over 10 years since Montenegro, a small country with approximately 650, 000 citizens on the Adriatic Sea, restored its independence. Still, it is facing significant problems with crony capitalism and the most prominent governmental administration ever seen.
The estimation by the Ministry of Finance shows that 20 and 25 percent of VAT income go to the grey area while 25 to 30 thousand employees work illegally, said the Minister of Finance Darko Radunovic.
Zugic introduced the current banking system to Joshi, the deputy of the chief for politics and economy in the embassy of USA in Podgorica. The current banking system improved businesses' parameters in the last year and the system itself is now more stable and safe.