Central Bank of Montenegro holds Brussels talks on EU financial integration with focus on SEPA accession and ESCB preparations

The Central Bank of Montenegro published an update on Governor Irena Radovic’s meetings in Brussels with senior European Union counterparts, which focused on Montenegro’s continuing financial sector reforms and practical steps toward integration into the EU economic and financial framework. The central bank highlighted ongoing alignment with the EU acquis, modernisation of payment infrastructure and preparations for future integration into the ESCB, with accession to SEPA and the announced TIPS Clone project presented as concrete reform outcomes that would bring benefits before full EU membership. Meetings with European Commissioner Valdis Dombrovskis covered reforms aimed at supporting financial stability and resilience, while talks with John Berrigan of DG FISMA focused on further aligning Montenegro’s regulatory framework with European standards and preserving financial stability. A separate discussion with Thomas Waitz, chair of the European Parliament delegation to the EU–Montenegro Stabilisation and Association Parliamentary Committee, addressed Montenegro’s European path, institutional independence and the central bank’s role in negotiation chapters relevant to the financial sector. During the Brussels visit, Eurogroup President and Greece’s Minister of Economy and Finance Kyriakos Pierrakakis also expressed support for Montenegro’s continued EU path and the completion of accession negotiations.