Montenegro’s deputy PM praises proactivity

Vujica Lazovic, the deputy prime minister of Montenegro, said it is not the size of the economies of countries but their actions that matters.

It is not possible to remain solid for any country that wants to grow, said Lazovic, projecting that some 40 percent of the companies today will not exist in the next decade as they resist new technologies.

The gross domestic product of Montenegro improved 1.30 percent in the third quarter of 2014 over the same quarter of the previous year.

The annual growth rate in Montenegro averaged 2.16 percent from 2001 until 2014, reaching an all time high of 10.70 percent in the fourth quarter of 2007 and a record low of -5.70 percent in the fourth quarter of 2009.