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MONTENEGRO

Montenegro, country located in the west-central Balkans at the southern end of the Dinaric Alps. It is bounded by the Adriatic Sea and Croatia (southwest), Bosnia and Herzegovina (northwest), Serbia (northeast), Kosovo (east), and Albania (southeast). Montenegro’s administrative capital is Podgorica, though its cultural centre is the historical capital and older city of Cetinje. For much of the 20th...

PRINCIPLES FOR THE SALES OF IMMOVABLES AT NOTARY

The regulation determining the principles for real estate sales at the notary publics has been published. The application will start on the date specified on the Ministry of Justice website, where the information system specified in the notary law is established. According to the regulation in today's issue of the Official Gazette, which determines the principles to be applied to immovable sales...

CONSTRUCTION COST REDUCED SPEED

Turkish Statistical Institute announced the construction cost index data. Construction cost index increased by 3.44 percent in October 2022 compared to the previous month and increased by 117.07 percent compared to the same month of the previous year. Compared to the previous month, the material index increased by 3.88 percent and the labor index increased by 1.94 percent. In addition, the material...

THE EUROPEAN CENTRAL BANK WILL CONTINUE TO RAISE INTEREST RATES

Christine Lagarde, President of the European Central Bank (ECB), stated that they are determined to reduce inflation to the medium-term target of 2 percent, and that they plan to increase interest rates further for this. Lagarde spoke at the "Monetary Dialogue" session of the Economic and Financial Affairs Committee of the European Parliament (EP). Stating that the ECB has started a rapid and...

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