Infrastructure and tourism development works in several Albanian tourist areas, financed through a World Bank loan, are expected to be completed by June 2026,...
Montenegro has officially become an operational member of the Single Euro Payments Area (SEPA), enabling citizens and businesses to send and receive euros across...
Following Montenegro’s completion of challenging reforms jointly established with the World Bank, Finance Minister Novica Vuković has signed a Development Policy Loan (DPL) agreement...
Ivailo Izvorski, Chief Economist for the Europe and Central Asia, World Bank
The Western Balkans are showing signs of growth and resilience, with sectors like tourism and remittances rebounding, yet challenges from COVID-19 and inflation persist...
Global climate change, together with pollution and biodiversity loss, forms part of the planetary triple crisis, as defined by the United Nations Environment Assembly,...
This investment is poised to catapult the Republic of Croatia into a new era of efficient and integrated land and justice services, promising profound...
Montenegro is setting the stage for a significant maritime development, earmarking €15 million for the construction of a new fishing port at Cape Đerana...
This growth comes amidst a backdrop of weakened demand in the eurozone, influenced by increased key interest rates.
The World Bank has revised its 2024...
