Country Report Montenegro January 2011

Summary
Basic data
Political structure
Economic structure: Annual indicators
Economic structure: Comparative economic indicators
Outlook for 2011-12: Political stability
Outlook for 2011-12: In focus
Outlook for 2011-12: Election watch
Outlook for 2011-12: International relations
Outlook for 2011-12: Policy trends
Outlook for 2011-12: Fiscal policy
Outlook for 2011-12: Monetary policy
Outlook for 2011-12: International assumptions
Outlook for 2011-12: Economic growth
Outlook for 2011-12: Inflation
Outlook for 2011-12: External sector
Outlook for 2011-12: Forecast summary
The political scene: Milo Djukanovic resigns from the post of prime ministe
The political scene: Igor Luksic takes over as prime minister
The political scene: Montenegro is granted EU candidate status
The political scene: The opposition is sceptical about Montenegro's prospec
The political scene: The opposition is divided over NATO membership
The political scene: Montenegro and Serbia boost relations
The political scene: Democracy index: Montenegro
Economic policy: The budget is in surplus in the third quarter
Economic policy: Montenegro is seeking a World Bank loan
Economic policy: The Central Bank adopts monetary policy guidelines
Economic policy: EU report highlights weaknesses in Montenegro's economic p
The domestic economy: Industrial growth is driven by a surge in energy outp
The domestic economy: Retail trade grows modestly
The domestic economy: Wage growth begins to slow
The domestic economy: Credit continues to shrink, but deposit growth accele
The domestic economy: Inflation returns but remains low
Foreign trade and payments: Export growth slows markedly
Foreign trade and payments: The EU's share in Montenegrin exports increases