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Montenegro stands on the threshold of the most consequential development opportunity in its modern history: access to large-scale, structured European Union funding. As the country advances toward EU membership, it is entering a new phase in which pre-accession funds, green-transition instruments, infrastructure financing mechanisms, digital transformation grants, and post-accession cohesion funds will define the trajectory...

Montenegro’s capital market is small, thinly traded, and structurally underdeveloped, yet it carries outsized importance for the country’s economic future and its ambitions to join the European Union. Unlike tourism, energy, or real estate — sectors that have already attracted substantial foreign investment — the capital market remains a missing pillar in Montenegro’s financial architecture....

Montenegro’s financial sector is entering one of the most transformative periods in its modern history. After two decades of evolving from a post-transition banking environment into a more regulated, institutionally stable and euro-aligned system, the country is now preparing for a new phase: the emergence of private capital markets, the opening of non-bank finance, the...

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