Country Report Montenegro October 2009

Publication Date	October 2009
Publisher	EIU
Product Type	Report
Pages	29
ISBN Number	not applicable
Product Code	EIU00573

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Summary

You may have noticed that since the second quarter of this year, some additional content has started to appear in your monthly and quarterly CRs. We are now including a country map, and a range of basic data (selected to be useful for business travellers in particular), in every country report. For most countries, except a few where data is in very short supply, we are also including comparative economic indicators that show each country's position relative to regional peers, in easy-to-read graphical format.

In addition, for 176 countries, the Country Reports will now include an annual analysis of each country's position in the Economist Intelligence Unit's Democracy Index, which ranks countries in terms of their level of democracy, based on five key categories. These analyses were published in the second quarter of this year (in the April country reports for countries covered on a monthly basis, and in the second-quarter reports for those covered on a quarterly basis). Furthermore, as a new feature for more than 150 countries, an analysis of each country's ranking in our unique Quality of Life index will be published on an annual basis starting in the fourth quarter of 2009.

Some of this content has been migrated over to the Country Reports from another product, the Country Profile, which has now been discontinued. The difficult decision to close the Country Profile reflected limited client demand for this service as well as our view that much of the content included in this report is now available for free elsewhere. We would appreciate any feedback that you have on the migration of content from the Country Profiles to the Country Reports

Content

Important changes to Country Reports
Summary
Basic data
Political structure
Economic structure: Annual indicators
Economic structure: Comparative economic indicators
Outlook for 2010-11: Domestic politics
Outlook for 2010-11: International relations
Outlook for 2010-11: Policy trends
Outlook for 2010-11: Fiscal policy
Outlook for 2010-11: Monetary policy
Outlook for 2010-11: International assumptions
Outlook for 2010-11: Economic growth
Outlook for 2010-11: Inflation
Outlook for 2010-11: External sector
Outlook for 2010-11: Forecast summary
The political scene: A trial highlights row between the government and Vijesti
The political scene: Montenegro expects to return EU questionnaire by end-2009
The political scene: Montenegrin citizens are set for visa-free travel to the EU
The political scene: Montenegro sends troops to join NATO in Afghanistan
The political scene: Serbia accepts new Montenegrin ambassador
Economic policy: The 2009 budget is revised
Economic policy: Revenue and expenditure shrink sharply in January-June
Economic policy: The Central Bank acts to facilitate credit restructuring
Economic policy: An Italian firm buys a further stake in the power utility
The domestic economy: GDP shrinks by 3.5% in the first half of 2009
The domestic economy: The contraction in industrial output accelerates
The domestic economy: Retail trade shrinks, but tourism is little affected
The domestic economy: Employment and wages continue to rise
The domestic economy: Inflation slows sharply up to August
The domestic economy: Contraction in credit and deposits accelerates
Foreign trade and payments: Foreign trade shrinks by two-fifths in January-August
Foreign trade and payments: Serbia becomes Montenegro's dominant trade partner
Foreign trade and payments: The current-account deficit contracts by more than 40%