Montenegro has improved its position and advanced to the 42nd spot from 80th, according to the Economic Freedom of the World 2021 Annual Report published by the Fraser Institute. Supported by its strong performance in the sound money area, the Balkan nation saw its rating climbing up the most among all 11 countries in Southeast Europe (SEE). The report, which was first launched
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Montenegro’s citizenship-by-investment program is due to close at the end of this year. The Balkan country’s passport ranks 45th on the Henley Passport Index, providing its holders with visa-free or visa-on-arrival access to 124 destinations worldwide, including Hong Kong, Russia, Singapore, Turkey, the UAE, and the countries in Europe’s Schengen Area. Applicants to the Montenegro Citizenship-by-Investment Program are required to make a defined economic
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Hungarian firm 4iG will purchase Telenor Montenegro from PPF Telecom Group, a Czech investment group. The move follows 4iG’s pending deal to acquire Digi Communications, Hungary’s leading telecommunications and media service group, as it continues its M&A splurge. “The potential acquisition of the Hungarian DIGI Group represents a huge step forward for 4iG, with the acquisition we can gain a dominant position
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