What is Montenegro?
Montenegro is a small country located in Southeast Europe, on the Adriatic Sea. Known for its stunning landscapes, which include rugged mountains, medieval villages, and a narrow strip of beaches, Montenegro has a rich history and a growing tourist industry.
Administrative Divisions
Montenegro is divided into 24 municipalities, including the capital city Podgorica and other key cities like Nikšić, Herceg Novi, and Bijelo Polje.
Currency Details
- Currency Name: Euro (EUR)
- Symbol: €
- Subunit: Cent (1 EUR = 100 cents)
- Central Bank: Central Bank of Montenegro
Type of Government
Montenegro is a parliamentary republic. The President is the head of state, and the Prime Minister is the head of government, overseeing the functioning of the executive branch.
Detailed Hierarchy of Government Roles
Executive Branch Hierarchy
| Position | Role Description | Power & Responsibilities |
|---|---|---|
| President | Head of State | Elected every 5 years, responsible for representing Montenegro internationally and overseeing the government. |
| Prime Minister | Head of Government | Appointed by the President, responsible for the execution of government policies. |
| Cabinet of Ministers | Ministers for various governmental sectors | Members appointed by the Prime Minister to handle various affairs like economy, foreign policy, and security. |
Legislative Branch Hierarchy
| Position | Role Description | Power & Responsibilities |
|---|---|---|
| Parliament (Skupština) | Legislative body | Consists of 81 members, responsible for creating laws, approving the budget, and overseeing the government. |
| President of Parliament | Leads the legislative body | Oversees parliamentary activities and represents the parliament in national matters. |
Judicial Branch Hierarchy
| Position | Role Description | Power & Responsibilities |
|---|---|---|
| Supreme Court | Highest judicial authority | Reviews and interprets laws, ensuring justice and fairness. |
| Higher Court | Intermediate court | Handles appeals and complex criminal cases. |
| Basic Court | First-level courts | Handles the majority of criminal and civil cases. |
International Memberships
- United Nations (UN)
- NATO (North Atlantic Treaty Organization)
- Council of Europe
- World Trade Organization (WTO)
- CEFTA (Central European Free Trade Agreement)
Military Structure
Montenegro’s military is relatively small and is part of NATO, which provides defense support. The military has a professional standing army and is tasked with national defense and peacekeeping missions.
Secret Agencies
Montenegro operates several security and intelligence services:
- Agency for National Security (ANB): Responsible for national security, including counterintelligence and internal security.
- Montenegrin Police: Oversees law enforcement and public safety.
Stock Markets
Montenegro does not have its own stock exchange, but there is a Montenegro Stock Exchange which offers limited trading in regional securities.
- Market Index: Not widely available, as most trading is limited.
- Analyzed by: Financial analysts, economists, and regional market experts.
Emergency Numbers
- General Emergency: 112
- Police: 122
- Fire: 123
- Medical Emergency: 124
SWOT Analysis of Montenegro
Strengths
- Beautiful landscapes and growing tourism industry.
- Member of NATO, strengthening international relations.
- Stable political environment with a focus on EU integration.
Weaknesses
- Small, emerging economy dependent on tourism.
- High unemployment rates and economic challenges.
- Vulnerability to external geopolitical tensions.
Opportunities
- Investment in tourism infrastructure.
- Strengthening of economic ties with the European Union.
- Development of renewable energy resources.
Threats
- Vulnerability to global economic crises.
- Environmental risks due to heavy tourism.
- Dependence on external security for defense.
Additional Information
- Official Language: Montenegrin
- Time Zone: Central European Time (CET)
- National Anthem: “Бог не дај (Bojna Čavoglave)”