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Montenegro's EU accession estimated to cost €3.2 billion

3 sourcesFirst reported 22 days agoUpdated 22 days ago

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The European Commission approved a financial package for Montenegro's EU accession.
The package outlines fiscal regulations and the expected financial effects of accession.
Commission President Ursula von der Leyen stated this is a step towards Montenegro's EU future.
The package aims to ensure Montenegro's full participation in EU policies and budget from day one of accession.
Montenegro is expected to receive €3 billion in EU funds from 2028 to 2034.

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The European Commission has approved a financial package that outlines the fiscal and financial regulations for Montenegro's accession to the European Union, marking a significant step in the country's integration process. This approval comes as Montenegro prepares to join the EU, with expectations that the transition will take place in the coming years.

According to the Commission, the financial implications of Montenegro's EU accession are estimated at approximately €3.2 billion. This figure includes about €3 billion in EU financial support that Montenegro is projected to receive between 2028 and 2034. The Commission noted that the overall cost of accession would be "less than a coffee," highlighting the comparatively low financial burden associated with Montenegro's EU membership. This statement emphasizes the relatively modest scale of the investment required for the country's integration into the EU framework.

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Montenegro's EU accession estimated to cost €3.2 billion

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