Montenegro GDP Grows By 4.9% In Second Quarter

Montenegro’s gross domestic product (GDP) grew by a real 4.9% on the year in the second quarter of 2018, following a 4.5% increase in the previous quarter, preliminary data of the statistical office indicated on Friday.

In the second quarter of 2017, Montenegro’s real GDP growth was 5.1%.

Montenegro’s GDP growth quickened nominally to 8.6% in the three months through June 2018, from 7.6% a year ago, the statistical office said in a statement.

The country’s GDP totalled 1.078 billion euro ($1.25 billion) at current prices in the second quarter of 2018, up from 946.9 million euro a year earlier.

Final consumption expenditure rose to 1.083 billion euro in the second quarter of 2018 from 994 million euro in the like period of the previous year. Exports totalled 439.8 million euro and imports amounted to 832.6 million euro.


Read More

World Bank: The Poor Countries Will Take the Hardest Hit

The poor countries "will take the hardest hit, especially ones that were already heavily indebted before the crisis," said David Malpass, World Bank chief.

PM Boyko Borisov, Vladislav Goranov and Menda Stoyanova Are Questioned in the Investigation Against Mogul Bozhkov

3610 objects with signs of movable cultural values ​​have been seized so far from the office of Vasil Bozhkov on the capital's...

Protected: Top 100 Richest Bulgarians Summary – Updated May 18th 2019

2019 has seen 2 new entrants to the top 10 richest Bulgarians; Vladimir Tenev and Spas Rusev(has been in top 10 before)....


Serbia Still Not Willing To Recognize Kosovo

The recognition of Kosovo as an independent state cannot and will never be a condition for Serbia's membership in the EU, Serbian prime minister...

Bulgaria, Turkey, And Greece With Joint Tourist Packages?

Turkey is keen on increasing its tourist flow through joint tourist packages with Bulgaria and Greece when the land and sea borders...

Bulgarian Poultry Farmers Unhappy Over Strict Anti-Bird Flu Measures

Poultry-farmers will protest today. The reason is the extreme, according to them, measures against bird flu. Today talks with the authorities are scheduled, but before...