The Serbian Orthodox Church has proven to be an unavoidable factor in the political and social processes of the last nearly three years in the small Adriatic
From the heart of Europe, China imitates and 'improves' on old imperialist actions americanthinker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanthinker.com Daily Mail and Mail on Sunday newspapers.
China's deal with Montenegro makes sense if you realize it's not about money americanthinker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanthinker.com Daily Mail and Mail on Sunday newspapers.
PODGORICA, Montenegro The section of highway that threatens to cripple Montenegro’s economy begins in the foothills outside the capital Podgorica, where scaffolding lines a multi-lane expressway closed off to the public. The highway ends, for now, in the remote mountainous terrain east of the city.
The Chinese state-owned company hasn’t finished construction yet, so cars are using the old road underneath it. The highway hasn’t been paid for yet, either. The first installment of the $1 billion loan from a Chinese state bank is due in July, and it’s unclear whether Montenegro, whose debt has climbed to more than a 100% of its gross domestic product due to this project, will be able to afford it. What’s worse, says the country’s former Justice Minister Dragan Soc, once completed, the road won’t lead anywhere anyway. “We make a joke: It is a highway from nothing to nothing,” he says.