Montenegro to keep its borders open after Covid-19 shutdown battered tourism
18 December 2020 - 12:33
Belgrade — Montenegro won’t repeat the mistake of closing its borders to curb Covid-19 because it has to resuscitate its tourism-dependent economy, says the Adriatic nation’s new finance minister.
Making up almost a quarter of the $6bn economy, the 90% plunge in tourism revenue between January and September hurt. That’s put travel front and centre for Milojko Spajic, a former Goldman Sachs credit analyst who has worked in Japan, Singapore and the US. He returned to his homeland earlier in 2020 and now runs the finance ministry...
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