Despite gradual liberalization of international trade and development of the Central European Free Trade Agreement (CEFTA), Montenegro did not increase its regional exports.
The European Commission launched in Sofia a Digital Agenda for the Western Balkans in order to support the transition of the region to the digital economy and enable the benefits of digital transformation.
The experts from the Economist Intelligence Unit are pointing out that the population of Central and Southeast Europe will decrease by nearly 34 million people over the next 33 years.
Beijing is ready for new investments in the Central and Southeast Europe (CSE), as it was confirmed during the 16 plus 1 summit in Sofia, Bulgaria.
The small Balkan state of Montenegro, a country closest to the full membership in the European Union out of several countries of the Western Balkan, is in a dire need for financial reforms.
The volume and value of M&A deals targeting companies in Central and Southeast Europe in Q1’18 fell to 1,823, valued at USD24,789m, after deal making failed to sustain the growth recorded in Q4’17, when 2,253 deals worth USD38,932m were noted.
The European Bank for Reconstruction and Development believes that economies should search for a new model of growth that goes beyond the imitation and import of technologies. EBRD indicates three areas where new sources of growth should be sought.
Real estate prices have grown significantly in Montenegro in last ten years, however, both on the supply and the demand sides the sector represents an unbalanced market.
The Central European Free Trade Agreement (CEFTA) signed in 1992, which has lost its importance with the expansion of the European Union, is now experiencing a revival.
Slow economic growth encourages many OECD countries to launch tax reforms aimed to increase individual and business activities.