Montenegro property to benefit from joining the EU
Overseas Property News - Montenegro
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Montenegro’s hopes of joining the European Union (EU) looks set to move a step closer to reality, as the country plans to apply for full candidacy before the end of this year, according to the country’s prime minister Milo Djukanovic.
Speaking at a press conference in Bosnia last week, Djukanovic said: “We are trying to agree on a compromise in talks with France and achieve what Montenegro has planned - to apply for a candidate status by the end of the year. We have got full satisfaction after declaring independence: we have strengthened stability and come closer to our European goals.”
Serbia and Montenegro started the process of accession to the EU in November 2005, when negotiations over a Stabilsation and Association Agreement began; the country has since gained independence.
EU accession will almost certainly have a positive impact on the Montenegro property market making this a prime target for overseas property investment.
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