Social Democratic Party MP

Cash-Strapped Montenegro Borrows Biggest Loan in Decades

PM Zdravko Krivokapic with ministers after the government session in Podgorica. Photo: Government of Montenegro

On Wednesday, the Ministry of Finance and Social Care clarified that the country took the loan from BofA Securities, Citigroup, Erste and the Société General group, adding that it will be repaid over seven years at 2.95 per cent interest.

Torched Effigy of Gay Couple Causes Outrage in Croatia

The Croatian President, government ministers, LGBT rights groups and the Ombudsperson on Monday all condemned the burning of an effigy of a kissing same-sex couple and their child at a Dalmatian carnival, calling it a hateful act. The image was torched at Sunday's traditional carnival in the small town of Imotski in the Dalmatian Hinterland.