Elections Delayed Amid Price Hike; Tourism Soars
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Montenegro's local elections have been postponed due to the ongoing COVID-19 pandemic, a development that introduces uncertainty into the country's political landscape. This decision, aimed at public health, affects the democratic process at a local level.
In economic news, the government has coordinated a diesel price increase, a move that will likely impact citizens and businesses. Meanwhile, the country's economy shows mixed signals, with budget revenues and employment rising, but foreign investments experiencing a significant 26.8% drop.
Amidst these developments, a new political dispute has emerged concerning the affiliation of Ulcinj, while the municipality of Budva faces a lawsuit over the 'Tre Canne' apart-hotel lacking an occupancy permit. Adding to economic concerns, Branislav Nenezić, President of the Municipal Assembly of Bar, has expressed fears that state ports are being deliberately weakened for privatization. However, Lovćen National Park offers a bright spot, reporting record visitor numbers and a 30% increase in revenue.