Abazović: EPCG's debt is 96 million euros

"Political clans have also appeared there, some demanding a change in the executive director of EPCG, some defending him. I won't go into that, but I think they have created a political mess around this sector, which will cause the citizens to suffer the most."

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Abazović, Photo: GP URA
Abazović, Photo: GP URA
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

The leader of the Civic Movement URA, Dritan Abazović, called on the Electric Power Company of Montenegro (EPCG) to announce the amount of its current debt, stating that according to his knowledge it amounts to around 96 million euros.

Abazović, according to a statement from the URA GP, expressed concern about this, emphasizing that the stability of the energy sector is in the interest of citizens, who will, unfortunately, pay for all its losses through the price of electricity or some kind of tax.

He pointed out that Montenegro, in addition to tourism, should have a developed energy sector as another key economic sector.

He welcomed the construction of the Gvozd wind farm, recalling that the project was signed during the mandate of his Government.

"The power company owes 96 million euros. In 2023, it had a profit of 52 million, and last year it was 10 million euros. At this moment, according to my data, given that EPCG is not releasing information due to its lack of transparency, I ask them publicly: is this information correct? If not, let them announce what it is. The fact that they declare everything on the board of directors a business secret shows a desire to hide their doubts and conflicts within the power sector," said Abazović.

He reminded her that at the beginning of 2025, he estimated that EPCG's debt by the end of the year could be between 70 and 100 million euros, and stated that it was striking that it was already close to that amount.

"Political clans have also appeared there, some demanding a change in the executive director of EPCG, some defending him. I won't go into that, but I think they have created a political mess around this sector, which will cause the citizens to suffer the most. They said that there will be no increase in electricity prices this year, which is logical because it is the end of the year, but I think they should make such a promise for next year as well. I think there is a rabbit in that bush," said Abazović, adding that he is concerned that the Thermal Power Plant will not be launched on November 15.

"URA will not be part of a game that is to the detriment of Montenegro"

Commenting on the failed attempt to elect the missing Constitutional Court judges, Abazović said that the URA GP will not be part of a game that is to the detriment of Montenegro, and that personnel who are not qualified even for the basic court cannot be elected to the highest court.

"The Constitutional Court is a place where careers should be crowned, not for people who haven't even passed the bar exam to go there. Will the judges be elected in a month, good luck to those who want to trade. As far as we are concerned, we cannot prevent it. This is the same situation as before 2020 and proof that this parliamentary majority and the Government are a typical example of 'get off Kurt and get on Murta' and the classic replacement of DPS with parties that are not called DPS, but do the same as DPS," said Abazović.

When asked to comment on the government's earlier refusal to adopt the "anti-mafia law" proposed by the URA, and in the context of the recent arrests, Abazović recalled that the law had been rejected multiple times.

"You know who would reject it? Only the mafia. Why the MPs voted like that is a question for them. Instead of having a law back in 2023, we are saying again at the end of 2025 that it should be proposed. Maybe our proposal was not perfect, but it should have been adopted and then built upon. Today we do not have that law, and all the efforts of the SDT and SPO are in vain if we do not pass it, because criminals will use that money against them and against us."

Abazović said that the URA proposal envisaged proving the origin of all property acquired by someone.

"It doesn't matter when you acquired the property. If a tax inspector comes to you with an inventory of it, you have to prove its origin, whether you acquired it in the 80s or 90s. For property whose origin you cannot prove, the state is obliged to confiscate it. Here, however, everything was politicized. They wanted the law to be adopted by the 44th Government, so these 'experts' said they would make their own law. Two years have passed, and there is still no law," said the leader of the GP URA.

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