Senat.me - A portal for marketing and economics. Montenegro, EU, World.

Transformation of Montenegro: from Balkan Sparta to the shadow of Serbian influence. Elections amid hybrid threats from Russia. The "Europe Now" project has received widespread attention and condemnation. A miraculous rescue operation took place a few days ago in southeastern Turkey: a woman and two children were pulled from the rubble 228 hours after the devastating earthquake. The country's Ministry of Finance announced the creation of new directorates related to blockchain and fintech. China's debt has significantly reduced its interest rates thanks to the IX package of anti-crisis measures proposed by the Central Bank. However, the moratorium raises concerns about financial stability, as warned by the World Bank.

Amid these global changes, the President of Montenegro, Milo Đukanović, in his op-ed for Newsweek, urged the West to pay attention to the importance of the elections taking place this Sunday. These elections are significant not only for the EU but for the region as a whole.

Protests and support for a European future

The city of Cetinje expressed a strong protest against clerical fascism and supported the idea of a European future for Montenegro. Calls to maintain the country's course were joined by some international analysts, who emphasized the need for a sober approach from Brussels. Government official Hajriz Brchvak held a seminar for government members, urging them not to forget about the diaspora, which plays an important role in the economy.

Business warnings

At the same time, the business community warns of a possible lockdown that could lead to catastrophic consequences:95%The country's businesses will not be able to survive it. The profession of small and medium entrepreneurs will be at risk if the quarantine measures are extended. In response to these challenges, a new association of travel agencies in Montenegro (UTACG) has been created to help businesses cope with the crisis conditions.

New opportunities for taxpayers

It is important to note that in2021In 2023, Montenegro began to offer new opportunities for taxpayers, which is expected to have a positive impact on economic stability and development. Rade Dakić, a business representative, confirmed that social security obligation payments will continue to support former employees. Thus, Montenegro is on the brink of significant changes, both domestically and internationally, amid growing geopolitical challenges.