SeenewsSeenews
Search
Seenews
AlertsSeenewsSeenews
Searchclose
TOPICS
arrow
COUNTRIES
arrow
INDUSTRY
arrow
Economy
arrow
Browse Economy
Mix and match your focus countries with our advanced search
Investments
arrow
Browse Investments
Mix and match your focus countries with our advanced search
Deals
arrow
Browse Deals
Mix and match your focus countries with our advanced search
Tech
arrow
Browse Tech
Mix and match your focus countries with our advanced search
Green
arrow
Browse Green
Mix and match your focus countries with our advanced search
0/5
You have 5 free articles left this month
You have 0/5 free articles
Sign up to get 5 more free articles this month
SIGN UP
arrow
LOGIN
arrow

EU allocates 21.3 mln euro to boost Montenegro's reforms in accession process

Dec 20, 2012, 12:22:27 PMArticle by Valentina Dimitrievska
share
PODGORICA (Montenegro), December 20 (SeeNews) – The European Commission said it had earmarked 21.3 million euro ($28.4 million) to support Montenegro on its way towards accession to the bloc.

EU allocates 21.3 mln euro to boost Montenegro's reforms in accession process

“The funds will focus on key reform areas, including strengthening of the justice system and public administration, better protection of the environment, and rural development”, the European Commission said in a press release.

The funds are also aimed to help align Montenegrin laws to EU standards in food safety, veterinary and phyto-sanitary standards, competition and free movement of services.

"Over the last years Montenegro has made good progress on its EU path and as a result we have opened accession negotiations in June. These new funds will help the country to move forward on the necessary reforms, bringing closer the prospect of EU membership and producing concrete results and new opportunities for Montenegrin citizens," enlargement commissioner Stefan Fuele said in the statement.

The funding comes under a two-year programme for Montenegro of the Instrument for Pre-accession Assistance (IPA). Since 2007, the EU has provided over 150 million euro of pre-accession assistance to Montenegro.

($=0.7512 euro)

Your complete guide to the emerging economies of Southeast Europe. From latest news to bespoke research – the big picture at the tip of your fingers.