Main economist of the Central Bank of Montenegro (CBCG) Nikola Fabris said that Montenegro would technically come out of the recession on Friday, October 1. He said that the banking system has been stabilised, Montenegro is gradually entering the growth phase and further capital increases of banks cannot be excluded, as well as the fact that the capital of three banks has been increased this year.
A frame for preserving the financial stability needs to be developed in the future, which implies strong institutions and precise national plans. Great interest in the directions of development of the economy characterised the Conference on economy of Montenegro on Thursday, October 29.
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