Cooperation between supreme monetary institutions of Montenegro and Bulgaria to be improved
02/11/2017
The Governor of the Central Bank of Montenegro, Mr Radoje Žugić, PhD, met today with the future Ambassador of Montenegro to Bulgaria, Ms Snežana Radović.
The Governor of the Central Bank of Montenegro, Mr Radoje Žugić, PhD, met today with the future Ambassador of Montenegro to Bulgaria, Ms Snežana Radović. The meeting was organized with the aim of preparing Ms Radović for taking up the duties of the Ambassador Extraordinary and Plenipotentiary of Montenegro to Bulgaria.
Governor Žugić presented to Ms Radović the cooperation of the CBCG and the National Bank of Bulgaria so far, finding it to be very good. "Of course, there is a scope for further intensification and improvement of cooperation, and the CBCG will be at the disposal to provide full contribution to the process," the Governor said. Discussing the financial system in Montenegro, the Governor pointed out that it is stable and characterized by positive trends.

Ms Radović underlined she will engage herself in finding new ways of cooperation between the two countries in the forthcoming term, with a special emphasis on economic cooperation.
The two agreed that it is desirable to work on exchanging the experiences of the two countries in the upcoming period, trying to ensure Bulgarian support to the process of European integration of Montenegro, which is particularly significant in the upcoming period, given the fact that this country takes over the presidency of the European Union as of 1 January 2018.