wiiw Current Analyses and Forecasts
Montenegro: Anger and EU Integration
in: Fasting or Feasting? Europe - Old and New - at the Crossroads
wiiw Current Analyses and Forecasts No. 10, July 2012 , pp. 101-102
In the short-term, prospect for growth in Montenegro is dim. Medium-term prospects are also not stellar. The start of negotiations with the EU should boost foreign investments: a helpful development. However, given the need to reduce still further the current account deficit and consolidate public finances, rapid recovery cannot be expected. The government stands ready to ward off political and social disaffection, but at some point a credible opposition will have to come to the fore in order to provide the much-needed impetus to democratic stability.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Montenegro, SEE