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Montenegro and the EU

Latest business news about Montenegro and the European Union.

Western Balkans: a credible enlargement perspective
The European Commission adopted on 6 February a strategy for 'A credible enlargement perspective for and enhanced EU engagement with the Western Balkans'.

Post-visa liberalisation monitoring for the Western Balkan countries - Fifth Report
The European Commission published on 25 February its fifth assessment of the functioning of the visa-free scheme with Albania, Bosnia and Herzegovina, the former Yugoslav Republic of Macedonia, Montenegro and Serbia. The fifth post visa liberalisation report on the Western Balkans shows that more measures are necessary to maintain the integrity of the visa-free scheme and to address potential abuses of the EU asylum system.

Montenegro factfile
Basic facts about Montenegro which holds parliamentary elections Sunday to choose a government to lead the tiny Balkans nation during European Union entry talks amid an economic crisis.

Next steps for EU enlargement
The European Commission has recommended for a fourth time to open accession negotiations with the former Yugoslav Republic of Macedonia. It recommends granting EU candidate status to Albania subject to completion of key reform steps, and proposes negotiating a Stabilisation and Association Agreement (SAA) with Kosovo once it has made progress in fulfilling a number of short term priorities. The Commission also confirmed that Croatia is on track in its membership preparations. In a set of annual reports, the Commission also assesses the progress towards EU accession made elsewhere in the Western Balkans, Turkey, and Iceland over the past year.

International Tax Guide Montenegro (Deloitte)
The Taxation and Investment Guides are a first stop for investors wishing to gain a working perspective on the operating conditions and investment climate – including the legal, accounting and taxation framework – in the countries covered in the Deloitte International Tax Source. In addition to the Montenegro Highlights and Taxation and Investment Guide, above, country links open the door to the Deloitte International Tax Source and a wide range of materials and information on the tax consequences of doing business across borders.

Montenegro: country overview
In 2006 Montenegro's parliament declared independence from the State Union of Serbia and Montenegro. In 2008, the new country applied for EU membership. In 2010, the Commission issued a favourable opinion on Montenegro's application Choose translations of the previous link, identifying 7 key priorities that would need to be addressed for negotiations to begin, and the Council granted it candidate status. In December 2011, the Council launched the accession process with a view to opening negotiations in June 2012. The accession negotiations with Montenegro started on 29 June 2012.

Montenegro: Economy Overview
Montenegro severed its economy from federal control and from Serbia during the MILOSEVIC era and maintained its own central bank, adopted the Deutchmark, then the euro - rather than the Yugoslav dinar - as official currency, collected customs tariffs, and managed its own budget.

Starting a business in Montenegro
This World Bank site provides information about the procedures and costs associated with starting a business in Montenegro.

EU Project: Development of Rural Business
The EU assistance programme has assisted SME development mainly through advisory support for enterprise restructuring and privatisation, and for development of business support services.

EU Delegation to Montenegro
Contacts of the Delegation of the European Union to Montenegro.

Montenegro Investment Climate 2009
Montenegro is establishing a liberal investment regime. Although the continuing transition has not yet eliminated all structural barriers, the Government recognizes the need to remove impediments, reform the business environment, and open the economy to foreign participation.

Montenegro country profile
Montenegro is a potential candidate country for membership of the European Union.