Montenegro - Media Review – December 21

VIJESTI

- The European Bank for Reconstruction and Development said it sees the Montenegrin economy recovering in the medium-term, mainly due to the great potential of its tourism sector. But if this growth is to be sustainable, the country should solve its high trade deficit, as well as bureaucracy and corruption that block the business development.

RTCG

- Montenegrin central bank sees next year’s consumer price inflation in the range of 1.6% to 3.7% due to slower economic growth and low aggregate demand.

- Representatives of Japanese group Tokuda held talks with representatives of Serb-Montenegrin group Atlas on a possible participation in Atlas’s 120 million euro project for the construction of the Meljine health-tourism complex, near the coastal town of Herceg Novi in Montenegro. In Southeast Europe, the Japanese group has also built a hospital in Bulgaria’s Sofia.

($=0.6974 euro)