Montenegro’s billion-dollar road to nowhere • FRANCE 24 English

FRANCE 24 English published this video item, entitled “Montenegro’s billion-dollar road to nowhere • FRANCE 24 English” – below is their description.

In Montenegro, the construction of a motorway to open up the Balkan nation – a project launched in 2014 – is now more than two years behind schedule. With its high environmental and financial costs (more than $1 billion), this pharaonic project has dangerously increased the debt of the country of 600,000 inhabitants. FRANCE 24 investigates. The work is being financed by a Chinese bank and largely carried out by a Chinese state-owned company and a local firm close to the previous government, which signed the deal. But if Montenegro defaults on its loan, the contract stipulates that the country must relinquish sovereignty over certain parts of its territory. This burden on the country’s new government has aggravated the strong suspicions of corruption around the building site.

🔔

FRANCE 24 English YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.


About This Source - FRANCE 24 English

The video item below is a piece of English language content from France 24. France 24 is a French state-owned international news television network based in Paris.

Recent from FRANCE 24 English:

Private video

Ivorian president ouattara pardons predecessor gbagbo to boost ‘social cohesion’ • france 24 2

Ivorian President Ouattara pardons predecessor Gbagbo to boost ‘social cohesion’ • FRANCE 24

Israel kills second Islamic Jihad leader, Gaza death toll mounts • FRANCE 24 English

In This Story: France

France is a republic and the largest Western European nation. Through expansion and colonisation in the 17th and 18th centuries France became a great power and still retains territories around the world. It has a seat on the UN security council and is the world’s fourth most wealthy country with a high standard of living and strong cultural identity.

6 Recent Items: France

Does it matter how young or old our politicians are?

Impact inflation, living costs have on birth rates and Canadians on parental leave

Global National: Jan. 19, 2024 | Health data shows influenza, COVID-19 cases decreasing in Canada

Tempers FLARE: SLY France ‘could SOLVE illegal immigration in a heartbeat’

Uganda, Gaza, Syria, Red Sea, & other topics – Daily Briefing (18 January 2024) | United Nations

Israel-Gaza: Aid package delivered to people in Gaza | BBC News

In This Story: Montenegro

Montenegro is a Balkan country with rugged mountains, medieval villages and a narrow strip of beaches along its Adriatic coastline. The Bay of Kotor, resembling a fjord, is dotted with coastal churches and fortified towns such as Kotor and Herceg Novi. Durmitor National Park, home to bears and wolves, encompasses limestone peaks, glacial lakes and 1,300m-deep Tara River Canyon.

2 Recent Items: Montenegro

Montenegro court hits pause on Do Kwon’s extradition: CNBC Crypto World

President of Montenegro: ‘EU enlargement is about the security of Europe’ | DW News

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.