EBRD Outlook: The EBRD cut its 2026 growth forecast for Montenegro to 2.9% (from 3.2%), warning that limited fiscal buffers and weak diversification leave the economy exposed to external shocks; it points to 2025 slowdown tied to the temporary closure of TE Pljevlja and softer tourism, while retail stayed supported by higher wages and pensions. Energy & Power: The bank notes electricity production improved after TE Pljevlja resumed, but growth still weighed on by falling exports and higher electricity imports. Tourism & Development Debate: Albania’s PM Edi Rama defended the Zvërnec luxury resort plan, arguing luxury tourism brings higher revenues than conventional tourism and should not be cancelled. EU Enlargement & Migration: EU leaders are set to push enlargement as a strategic priority at a Montenegro summit, while Brussels also advances stricter return rules for people ordered to leave the bloc. Transport & Industry: Stadler will supply Montenegro with three four-car FLIRT electric trains for ŽPCG, aiming to modernize passenger rail and improve cross-border connectivity with Serbia. Regional Economy: A new IMF-based ranking places Montenegro among Europe’s poorer countries by GDP per capita, underlining the region’s persistent development gap.