Andrija Mandic of a pro-Russian and pro-Serbian alliance is appointed speaker of the parliament after negotiations.
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Voters in the Western Balkan nation will elect members to 81-seat parliament in a snap election.
Ex-economy minister defeats incumbent Milo Djukanovic, who has ruled Montenegro for more than three decades.
Observers say that President Milo Djukanovic faces stiff challenge from newcomer and economist Jakov Milatovic.