Investing in Montenegro: The First Mediterranean Tiger
February 28th, 2007 by Stephen RomanThe Austrians are calling this a long term opportunity. The tiny country plans on joining the EU within a decade:
Montenegro chooses to join the EU will be crucial for its future and the future of the Balkan region. While the EU can be an attractive option, it is not clear to us that it is the best route to follow. In any case, keep your eyes open on little Montenegro, as we may see in the next decade the rise of the first Mediterranean tiger.
Right now it looks like most of the opportunities are in property, but with a low cost of living and beautiful beaches it might be a nice place to ride out the US real estate collapse.
Posted: February 28th, 2007 under Emerging Markets, Europe, General.
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