Global extension is set to proceed for an additional two years; however, IMF has cautioned that dangers are mounting Central banks from Frankfurt to Ottawa have all the earmarks of taking a lower gear out and about far from simple monetary approach in the midst of signs some key economies are abating. The European Central…

Credit rating agency Standard and Poor’s published a new report for Montenegro, confirming the earlier credit rating ‘B +/B’, the Ministry of Finance announced. As the ministry stated, a stable outlook for the country was also confirmed, indicating that further movement of the rating was based on stable positions. Noting the success of the implementation…

A new report from the European Bank for Reconstruction and Development (EBRD) has shown that Montenegrin economy is growing rapidly and it is expected to reach 4% GDP growth during 2016 – the highest in Southeast Europe – which would be associated with major highway project funded by the Chinese. The EBRD announced that the…

Earlier these days there was a session chaired by Governor Miljoica Dukic, in which the Council of the Central Bank of Montenegro announced that the GDP growth of the 2015 will be up to 4%. More specifically, Montenegrin economy is on the rise but will face several risks in the future. The processes and implementation of the policy…

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Petros Stathis

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