The public enterprise for managing maritime property has decided not to terminate the lease agreement for three popular Montenegrin beaches currently used by Adriatic Properties, despite the beaches being undeveloped and functioning as public bathing areas accessible to everyone. This decision was made to avoid jeopardizing the outcome of the arbitration proceeding before the international arbitration court in London. The Government of Montenegro is confident in a positive outcome of the dispute. The Sveti Stefan hotel complex remains closed due to the inability to reach an agreement on beach usage and guest safety. Adriatic Properties is seeking compensation for alleged contract breaches, while the state disputes these claims. An attempt to settle the arbitration proceeding failed as the government demanded additional guarantees. The arbitration court ordered the state to pay Adriatic Properties’ legal costs.
Political Perspectives:
Left: Left-leaning sources emphasize the public access to the beaches and criticize the privatization and exclusive use by Adriatic Properties. They highlight the importance of keeping the beaches accessible to all citizens and the government’s cautious approach to avoid worsening the dispute. The narrative often focuses on protecting public goods and skepticism towards corporate claims for compensation.
Center: Center-leaning sources report the facts of the arbitration dispute and the government’s decision in a balanced manner. They present the ongoing legal process, the positions of both Adriatic Properties and the government, and the impact on tourism and local access. The coverage tends to be neutral, focusing on the procedural aspects and economic implications.
Right: Right-leaning sources tend to emphasize the legal and contractual obligations, supporting Adriatic Properties’ rights and claims for compensation. They may highlight the importance of respecting private investments and contracts, and criticize the government’s handling of the situation if seen as unfavorable to business interests. The narrative often stresses the need for legal certainty and protection of investors.
