Montenegro’s economy has been hit by the collapse in tourism following the start of the Covid-19 pandemic. Photo: AFP Montenegro’s economy has been hit by the collapse in tourism following the start of the Covid-19 pandemic. Photo: AFP
Montenegro’s economy has been hit by the collapse in tourism following the start of the Covid-19 pandemic. Photo: AFP

Montenegro says deal on lifting Chinese debt burden is close

  • The Balkan state borrowed nearly US$1 billion in 2014 to fund a project critics branded a ‘road to nowhere’
  • Economy Minister Jakov Milatovic says the government is talking to US and European banks about easing the debt burden

Topic |   China-EU relations
Montenegro’s economy has been hit by the collapse in tourism following the start of the Covid-19 pandemic. Photo: AFP Montenegro’s economy has been hit by the collapse in tourism following the start of the Covid-19 pandemic. Photo: AFP
Montenegro’s economy has been hit by the collapse in tourism following the start of the Covid-19 pandemic. Photo: AFP
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