November 11, 2008
Mostly, the news are connected to terms like “Russians”, ”booming economy”, ”tourism”, ”coast”, ”development” etc. Most foreign press writes about booming tourism and real estate market of this tiny Mediterranean state, but recently a series of articles about influence of Russia and its rich oligharch’s have been published.
For those who didn’t get a chance to read it, New York Times brought a story named: Despite Crisis, Wealthy Russians Are Buying Up Coastal Montenegro. The article advocates that global financial crisis has buffeted the balance sheets of Russia’s legion of billionaires, but suitcases of cash and Russian-owned luxury yachts keep arriving in this idyllic town on the Adriatic, helping Montenegro earn the nickname Moscow-on-the-Sea.montenegro