---

28/02/2017

The Governor of the Central Bank of Montenegro, Mr. Radoje Žugić, met today with representatives of the European Central Bank, Mr. Benjamin Vonessen, the Head of the ECB’s International Relations and Cooperation Division in the Directorate General International and European Relations, and Mr. Piotr Żuk – Economist at the European Central Bank, Directorate International, Candidate Countries team (desk economist for FYR Macedonia, Montenegro and Iceland).

The aim of the regular ECB visit is a review of the 2017 - 2019 Economic Reform Programme. During the meeting, the Governor introduced the interlocutors with the situation in the local banking system and the forthcoming regulatory activities of the CBCG within the process of European integration. 

The meeting also addressed the issues of macroeconomic and fiscal framework, inflation, macroprudential policy, financial stability, and supervision.

The ECB delegation highlighted the importance of economic governance, as one of the key elements in Montenegro`s EU accession process, and also expressed their willingness to support the CBCG on its path towards the EU through various technical assistance programmes and seminars.