Montenegro: Separate liability for loans to Serbia and Montenegro
COMCMT1R-EP1R-C2R-EPCNCADO
Updated 217mo ago
This procedure concerns the legal and financial arrangement regarding long-term loans previously granted to the former state union of Serbia and Montenegro. It aims to clarify and separate the financial liabilities of Montenegro, ensuring a fair distribution of debt obligations following the dissolution of the union.
This affects the government of Montenegro and the European Union's financial management. It determines how much of the legacy debt Montenegro is responsible for repaying.