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South Eastern Europe

European Council gives Montenegro EU membership candidate status

Author: The Sofia Echo staff Date: Fri, Dec 17 2010 2 Comments, 3145 Views
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The European Council agreed on December 17 2010 to give Montenegro candidate status for EU membership.

Speaking to journalists in Brussels, European Commission President Jose Barroso said: "This is a strong signal of our commitment to the future of the Balkans".

Montenegro, which has a population of about 672 000, separated from Serbia after a referendum in May 2006 and by vote of parliament a month later.

The South East European state has seen its earlier economic boom seriously hit in the past year, especially given downturns in the property and tourism businesses, and recently approved a budget for 2011 that provides for substantial cuts in state spending in a move to bring down its deficit.

The country uses the euro as its official currency, although this is a result of unilateral adoption. Montenegro is not a member of the euro zone.

The European Council decision follows a recommendation by the European Commission, officially presented in November 2010 by European Enlargement Commissioner Stefan Fuele to Montenegro's prime minister Milo Djukanovic.

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    • Anonymous
      detai Rating:
      neutral
      #2 10, 49, Sat, Dec 18 2010

      Why Serbia? that part of Balkan state is home to those painting eastern Europe bad image.

    • Profile preview
      Десен Rating: 388
      neutral
      #1 01, 28, Sat, Dec 18 2010

      What about Serbia?

      The biggest risk in life is not taking one.

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