April 29 - The German Ministry for Economic Cooperation will spend this year 9.35 million euros on financing various projects in Montenegro, including the water supply project along the coast, an establishment of a credit-guarantee fund, the construction works along the Podgorica-Kula road and the development of a land register. Donations, a part of which will also finance the development of small and medium enterprises in tourism, have been defined in a Protocol on Cooperation, signed by German Minister Dominik Ziller and Montenegrin Finance Minister Miroslav Ivanisevic. April 29 - The unemployment rate in Montenegro fell between May and September last year from 24.2 to 24.1 percent and is 50 percent lower than the figures shown by the official statistics, researchers of the Institute for Strategic Studies and Forecasts (ISSP) from Podgorica said. April 30 - The Yugoslav Transport and Telecommunications Ministry has revoked a licence to Slovenian carrier Adria Airways to fly between Ljubljana and Podgorica on Mondays, leaving the Slovenian company Wednesdays and Fridays to service the route. April 30 - Former workers of Jugobanka, declared bankrupt in mid-April, will receive their redundancy payments equalling 24 salaries from the funds left over after the bankruptcy, and if these are insufficient, the government would step in to help, the Labour and Social Welfare Ministry said. April 30 - The Montenegrin Labour and Social Welfare Ministry received in the past ten months from the European Union five million euros for its programmes and will get the same amount for the next ten months. Outgoing Labour Minister Dragisa Burzan told a news conference on Tuesday that the government was expected to adopt a new Labour Law and a Pension Law, which took into account recommendations of the International Labour Organisation and the World Bank. April 30 - The Association of Independent Trade Unions of Montenegro called on the parliament to bring back to parliamentary procedure a previous version of the Labour Law, and urged the government and the Chamber of Commerce to reject the current version for which the workers had not been consulted. May 1 - The World Bank has said that it was considering granting a 15 million structural adjustment credit for Montenegrin reforms, as part of its credit support to the Federal Republic of Yugoslavia, the financial institution said during a two-day visit of Montenegrin President Milo Djukanovic to Washington. The credit support is aimed at resolving fiscal and public spending problems, at reforming the pension system, the power sector, the labour market and business environment, and eliminating obstacles to economic growth. May 1 - Only around 1.6 percent of Montenegrin households are poverty-stricken because they receive both poverty and child benefits from the state, the Institute for Strategic Studies and Forecasts (ISSP) said in its Household Survey. May 2 - The Public Revenue Office (DJP) plans to start organising in June a monthly lottery for citizens who collect tax receipts after paying for goods and services, director of DJP Predrag Markovic said. Any owner of one or more tax receipts amounting to more than one euro would qualify for the game. May 2 - An international tender for the privatisation of Crna Gora hotelier (UTIP CG) will be launched by mid-May and so far two foreign companies have expressed interest in setting up a joint venture. May 3 - A reform of the payment system planned for this year will leave around 500 employees of the Accounting and Payment Operations Office (ZOP) without jobs. May 3 - A new silo to accommodate 10,000 tonnes of wheat will be built by July and ready to use by autumn, director of commercial and financial sector of Zitopromet grains trader from Spuz Novica Bulatovic said.