---

08/03/2017

Governor of the Central Bank of Montenegro, Radoje Žugić, met his Excellency, the Ambassador of Romania in Montenegro, Ferdinand Nagi.

During the meeting, Governor Žugić informed the Ambassador of Romania about the current economic situation in the country, with special emphasis on the situation in the financial and banking sector and stressed the readiness of the CBCG to, within its competences; contribute to the overall process of fiscal consolidation.

The governor pointed to the CBCG activities intensively conducted in the framework of the obligations in the process of European integration, in order to ensure full compliance of the regulatory framework with European standards.

The Ambassador stressed the importance of the CBCG in the financial system and supported its current and future activities.

During the discussion it was stated that the bilateral relations are developing, as well as contribution of cooperation between the National Bank of Romania and the CBCG to the improvement of overall bilateral cooperation between the two countries.