< Back to situations

[ORGANIZATION]

Institute of Economic Research

Featured in 1 tracked story · first seen

Situations

[QUIET] [BUSINESS] [ME]

Montenegro economic reforms and workforce trends

2 clusters · 47 sources · last updated

Latest: Montenegro reduces shadow economy to 12.4 percent of GDP

Montenegro is undergoing economic shifts characterized by structural reforms and a heavy reliance on the service sector. The government has adopted a new wage calculation system called the ‘Euro model’, scheduled for imp