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Montenegrin Municipalities' Debt Exceeds 60 Million Euros, Herceg Novi, Budva, and Ulcinj Most Indebted
The total debt of Montenegrin municipalities has surpassed 60 million euros, with Herceg Novi, Budva, and Ulcinj identified as among the most indebted, according to data from the Ministry of Finance for the first quarter of 2026.
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