Interviews
04.12.2010.
Montenegro does not have immediate plans to return to the eurobond market as earlier eurobond money and an anticipated World Bank loan should cover 2011 budget needs, the finance minister said on Friday...
01.12.2010.
All economies worldwide, including Montenegro, have suffered from the economic and financial crises jeopardizing the liquidity of both financial and the real sector. The Government of Montenegro has reacted in a prompt and timely manner by adopting quite diversified anti – crisis package of measures. From this prospective, I think we did the right thigh; we carefully monitored the financial and the real sector needs that have enabled us in preserving liquidity of the two sectors. On the other hand, this package was supported by several other measures aimed at stabilizing public finance, inter - alia, the control and decrease in public spending, halt in new employment, discretionary spending saving resulting in decline in spending at around 9 of percentage points of GDP in the period 2008 - 2010...
17.05.2010.
Montenegro expects to return to mild growth this year and hopes to shore up its public finances and reach a balanced budget in 2012, Finance Minister Igor Luksic told Reuters...
22.04.2010.
In what one international official described as "a major step forward," Montenegro is working on new laws to impose order on its banking sector, a deal with the International Monetary Fund (IMF) to cement economic oversight, and an issue of Eurobonds to achieve a sustainable budget...
22.02.2010.
PODGORICA, Feb 21 (Reuters) - Montenegro may issue its first Eurobonds by mid-2010 to supplement financing of its economy in addition to a possible, more stringent, deal with the IMF, finance minister Igor Luksic said on Monday. "For European financial markets 150 to 200 million euros (in eurobonds) is not much, but for us it is very important as this will secure sustainable financing and they are neutral from the position of the budget deficit," Luksic said in an interview with Reuters. Montenegrin eurobonds will likely have a maturity of seven years, but "it would not be unrealistic to keep that at five years as well," Luksic said. "It will be difficult to anticipate interest rate at this point and that will be possible only after talks with banks."...
18.01.2010.
Interview Deputy Prime Minister And Finance Minister, PhD Igor Luksic, on Regional Conference on Business Environment Reform in South East Europe... Interview
21.12.2009.
The global financial and economic crisis has left a deep scar in the worlds economy making certain that the future recovery will be tough. It seems that a lot of time will be consumed by restoring the confidence of all participants in economic and financial flows. The previous year was marked, above all, by the skepticism and fear both of the citizens and the bankers, and perhaps the greatest was the fear of investors fearfully observing and analyzing all further investments plans in 2009. However, Montenegro, is isolated from the global context and seceded to complete practically the most important projects and investments to lease Lustica Peninsula, recapitalized and partially privatize EPCG , initiate the construction of the highway Bar-Boljari, and above all, to continue with infrastructure related investments initiated in the pre-crises period
07.12.2009.
Deputy Prime Minister and Finance Minister Mr. Igor Lukšić, PhD., was hosted in the show "Načisto", 4th December 2009
01.12.2009.
The Montenegrin government seesthe country'seconomyexpanding by0.5% in 2010 after anexpected contraction of 4.0% this year, Finance Minister Igor Luksic said. The government is also considering issuing a Eurobond next year tofinance budget spending. "We will consider the use of this instrument in 2010, as all countries members of the eurozone resort to it and it has proven to be a good way to borrow and tostoke additional investor interest," Luksic told SeeNews in an email interview. Montenegro uses the euro as its official currency even though the country is not part of the euro zone. The state scrapped the Yugoslav dinar currency in 2000, initially replacing it with the German mark and later with the euro...
02.11.2009.
Interview of the Deputy Prime Minister and Finance Minister, Mr. Igor Lukšić, PhD, for Atlas TV