OECD has published a document "CoVID-19 Crisis in Montenegro". Here are their findings on socio-economic issues in Montenegro Montenegro Anti-Covid19 measures Developments: On 25 April 2020, the National Coordination Body announced the plan to mitigate measures in four phases (the first phase covering the lockdown measures), with the final aim to
Tag: Monetary policy
Western Balkan Economies: World Bank projects recession due to CoV19
The Western Balkan region is expected to enter a recession in 2020, with all six countries forecast to experience negative growth as they continue to grapple with the economic impacts of the COVID-19 pandemic. Regional growth in the Western Balkans is forecast to be between -3 and -5.6 percent, according to
Taxation: Council revises its EU list of (non)cooperative jurisdictions
European Commission’s Economic Quarterly on Montenegro 4Q 2019
EU Candidate Countries’ & Potential Candidates’ Economic Quarterly - Montenegro data The European Commission has published the EU Candidate Countries’ & Potential Candidates’ Economic Quarterly (CCEQ). Here are the Montenegro data: Key developments mentioned in the quarterly report: On 11 October, the government called a pre-qualification tender for a
Financial crisis: 10 years later
The financial crisis began with the collapse of Lehman Brothers, starting a worldwide chain reaction. The EU economy contracted for five consecutive quarters, with growth returning only in the second half of 2009. Stimulatory and fiscal actions by national governments and the EU, and the Eurosystem’s loose monetary policy, helped
These are the best bank brands
When most people think about brands, they often picture iconic consumer marks like Coca-Cola or Apple. But in the realm of financial services, the importance of having a strong consumer brand is also rapidly growing. After all, with hundreds of new fintech entrants positioning themselves to be the “banks” of
Decentralized Finance Explained: Alternative Finance Emerges
The global financial system has created massive wealth, but its centralized nature means the spoils have gone to the people who are best connected to the financial centers of the world. As global inequality continues to rise, how can wealth building tools become more accessible to the rest of the global population? Luckily, technological
Statistical dossier of the European banking sector
The digital age has brought the financial sector kicking and screaming into the modern era. Although technology and customer participation were slow to catch on, things may finally be making headway. In December 2017, the London based NeoBank, Revolut, reportedly broke even, making it the first of its kind since
Most Valuable Banks Brands of the World
When most people think about brands, they often picture iconic consumer marks. But in the realm of financial services, the importance of having a strong consumer brand is also rapidly growing. After all, with hundreds of new fintech entrants positioning themselves to be the “banks” of the future, it seems
Who is who in the EU
EU has members in at least four major treaty groups, each of which governs a different aspect of the region’s infrastructure. On the following infographic, you may see the break down each group: The European Union - EU The EU is governed according to a supranational parliamentary system, with representatives elected by