Sanctions

Montenegro started to freeze real estate owned by Russian nationals, as part of the anti-Russian sanctions

by TASS

Montenegro has begun to freeze real estate owned by Russian nationals, according to a corresponding document published on the government’s website on Wednesday.

Montenegro’s Interior Minister Filip Adzic said on June 10 that 44 real estate facilities owned by Russian nationals would be frozen in the country as part of the anti-Russian sanctions imposed over Russia’s special operation in Ukraine.

According to expert estimates, Russian nationals and companies invested more than 129 million euro in Montenegro’s economy in the past year alone. Some 49.46 million euro were invested in real estate in that country.

Read the full story on TASS

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TASS
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