“Montenegro’s economic future unstable”

Montenegro should create financial reserves so as to secure its economic future, an expert says.

Izvor: Beta

Sunday, 15.07.2007.

17:41

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“Montenegro’s economic future unstable”

“Montenegro took out a massive mortgage on its economic future,” he said, stressing it would be wise to create state financial reserves as soon as possible.

According to Madžar, foreign inflow "demobilized domestic development efforts, lead to uncontrolled and irrational spending, and decelerated economic growth."

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