Montenegro is a staggeringly beautiful, mountain statelet on the coast of the Adriatic, only just more than half the size of Wales with a population of 660,000, slightly more than that of Glasgow. It has been an independent state only since 2006, when its people voted in a referendum to sever their union with Serbia. It is probably best known to the British public as the supposed setting of the film Casino Royale, though most of it was actually shot in the Czech Republic.Uniquely for a sovereign state, Montenegro has no currency. All transactions... Vazhdo

his week, Kosovo became Europe’s newest state, a distinction held for the last two years by Montenegro – which declared independence from Serbia in 2006. Russian money is transforming parts of Montenegro But Montenegro keeps another record, it gets more foreign investment per capita than any other country in Europe, well over $1,000 (£515) for each of its 650,000 people. Much of it comes from Russia. Step off the plane in the Montenegrin capital, Podgorica, and the first thing you see is a billboard in Russian: “Come... Vazhdo