In the upcoming months, Montenegro’s government priority will be joining the Single Euro Payments Area (SEPA), announced Prime Minister Milojko Spajić, highlighting that the Central Bank (CBCG) has recently filed a formal application for this step.
“Our economy is currently facing significant challenges, so Montenegro cannot afford to lose any time. We are taking all necessary measures to promptly address these issues,” Spajić emphasized during a meeting held in Washington with Iceland’s Prime Minister, Bjarni Benediktsson.
During their discussions, Spajić and Benediktsson focused on strengthening bilateral relations and enhancing cooperation within NATO, underscoring mutual readiness.
“Montenegro highly values Iceland’s historic role as the first country to recognize our independence and ratify Montenegro’s NATO accession protocol. We see ample opportunities to further bolster our cooperation based on these foundations,” Spajić affirmed.
Benediktsson praised Montenegro’s economically focused government policies as the right direction not only for Montenegro but also for other small nations like Iceland.
“Iceland serves as proof that small countries can be resilient. Therefore, Montenegro’s economic strategy represents the optimal path forward. Our small nations demonstrate our ability to control our destinies,” Benediktsson remarked.
He further acknowledged Montenegro’s growing reputation as a reliable partner, attributing the government’s achievements in both domestic and foreign policies since its inception.
“Congratulations. Your evident enthusiasm in approaching your duties serves as a significant motivation for your country,” Benediktsson commended.
Both leaders explored opportunities for enhanced collaboration in aviation as part of strategies aimed at further tourism development and accessing new markets.
The meeting also recognized the historical significance of hosting the Summit in Washington on its 75th anniversary, a pivotal moment for transatlantic security. Hence, the evaluation underscored NATO’s imperative to respond with unity and determination—strengthening defense and deterrence, supporting Ukraine, and advancing global partnerships.
