Systematic country diagnostic: Montenegro

Montenegro Economy

Montenegro Economy ontenegro is a small and open upper middle-income transition economy that gained independence in 2006 and is negotiating accession to the European Union. Montenegro has a population of 622,000 and a GNI per capita of $7,320. It started negotiations with the European Union in June 2012 and strives to

EU Winter Economic Forecast 2017

EU&Politico

All EU Member States' economies set to grow in 2016, 2017 and 2018 Having proven resilient to global challenges last year, the European economic recovery is expected to continue this year and next: for the first time in almost a decade, the economies of all EU Member States are expected to

How much multinationals earn per second

BIZnews

Imagine that for every second that passes, your bank account inches up $1. You’d be making $60 per minute, or the equivalent of $86,400 in a day. Over the course of a year, you’d roll in a solid $31.5 million of profit. While this would be prolific for almost any

How much energy is used in a single bitcoin transaction

Tech&Inno

itcoin transactions use so much energy that the electricity used for a single transaction could power a home for almost a whole month, according to a paper from Dutch bank ING. Bitcoin trades use a lot of electricity as a means to make verifying trades expensive, therefore making fraudulent transactions

Towards safer and more innovative electronic payments

Invest/Finance

he Commission has today adopted rules that will make electronic payments in shops and online safer. This will also allow consumers to access more convenient, cost-effective and innovative solutions offered by payment providers. These rules implement the EU's recently-revised Payment Services Directive (PSD2) which aims to modernize Europe's payment services

New EU agencies locations decided on – coin toss!

The headquarters of the European Medicines Agency (EMA) will be moved to Amsterdam after Brexit, EU affairs ministers announced. The European Banking Authority, also currently in London, will move to Paris. The decision follows months of intensive lobbying. 6273

EC: Completion of the Banking Union by 2018

cbcg-makroekonomski-izvjestaj-1q-2016-ekonomija-crna-gora banke banking

uropean citizens and businesses will benefit from deeper financial integration and a more stable financial system, thanks to Commission plans to accelerate with the completion of the missing parts of the Banking Union. The Banking Union must be completed if it is to deliver its full potential in making the

EU – 10 years since the start of the economic crisis

he global financial crisis began 10 years ago and led to the European Union's worst recession in its six-decade history. The crisis did not start in Europe but EU institutions and Member States needed to act resolutely to counter its impact and address the shortcomings of the initial set-up of

Montenegro’s Economy SWOT Analysis

Montenegro Economy

SWOT-analiza-Crna-Gora-Analysis-Montenegro crnogorska ekonomija crnogorske ekonomije crne gore

mall countries, i.e. small economies are rather sensitive to the influence of international environment. This especially applies to countries like Montenegro, in which the use of euro as a legal tender additionally limits the maneuvering space in case of potential external shocks. Therefore, it is important, seems even more important

New 10 GBP bill revealed

he new bills, which replace the image of naturalist Charles Darwin with that of early-19th century novelist Jane Austen, will be issued on Sept. 14 2017 and will be the first to include a tactile feature to help the visually impaired, Bank of England Governor Mark Carney announced. The note will

Completing the Capital Markets Union

The Commission is taking further steps to drive forward the Capital Markets Union (CMU), a pivotal project of the Juncker Commission to boost jobs and growth in Europe. fter almost two years since the launch of the CMU Action Plan, the Commission is presenting today a number of important new initiatives

ECB: Access to Finance of Enterprises Report (Oct16-Mar17)

The European Central Bank (ECB) published its 16th report on the results of the “Survey on the Access to Finance of Enterprises”. The report provides evidence on changes in the financial situation, financing needs and access to financing of small and medium-sized enterprises (SMEs) in the euro area in the