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03. January 2003 - Friday |
Costlier motor vehicle insurance first price hike in Montenegro in 2003
PODGORICA - Compulsory motor vehicle insurance in Montenegro went up over 40 percent against last year as of Friday.
In parallel with this 40.7 percent increase in compulsory motor vehicle insurance, insurance companies substantially lowered the costs of insurance for foreign travel - to five euros, instead of the former price of 150-250 euros.
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