EU works to resolve Montenegro euro issue hindering accession
Updated
Updated · Bloomberg · May 4
EU works to resolve Montenegro euro issue hindering accession
9 articles · Updated · Bloomberg · May 4
Finance Minister Novica Vukovic said the European Commission could present a pragmatic proposal by the end of May for the Adriatic candidate country.
Montenegro’s unilateral adoption of the euro has become a thorny obstacle in its bid to join the bloc, despite Brussels signalling willingness to address it.
A solution would remove a key accession hurdle for Montenegro, which uses the euro without being a member of either the EU or the eurozone.
How can the EU solve Montenegro's euro dilemma without weakening its own rules for future members?
Will Montenegro's fast-tracked EU entry lead to full rights or a new class of 'second-tier' membership?
Is the EU lowering its rule-of-law standards to counter Russian influence in the Western Balkans?