All News on Economics in Montenegro
Turkey is more expensive than a few European countries but it remains cheaper than a majority of the continent, according to a new comparative purchasing power parity index released June 19 by the Turkish Statistics Institute (TÜ?K).
However, car prices stood above European levels, as did the prices of alcoholic beverages, tobacco and consumer electronics.
In the first eight months of 2014, Macedonia attracted €176 million in FDI, which was 11 €million less than the same period last year, data from the Central Bank show.
Macedonia attracted only €251 million in FDI in 2013, which was the worst score in the region, below Kosovo, which attracted slightly more - €259 million.
The IMF representative for Montenegro, Alasdair Scott, on Sunday said the small coastal republic will have to "refinance certain costs" in coming years after taking out a major loan to start building the Bar-Boljari highway.
At the end of last year, Montenegro’s national debt stood at 1.87 billion euro, or 56 per cent of GDP.
In Serbia every 5th individual jobless
In the first month of 2014 even 42,771 jobless people have registered them with the National Employment Service. That is almost 2,000 people more than in December last year.