Montenegro: Introduction

Montenegro is a country located in Southeastern Europe. It has a coast on the Adriatic Sea and is bordered by Croatia, Bosnia and Herzegovina, Serbia, Kosovo, and Albania. The geography of Montenegro is varied from mountain ranges along Serbia and Albania to a narrow Adriatic coastal plain. The government system is a parliamentary republic; the chief of state is the president, and the head of government is the prime minister. Montenegro has a service-based market economy in which the prices of goods and services are determined in a free price system. Montenegro is a member of the Central European Free Trade Agreement (CEFTA).