ECB to help prepare Central Bank of Montenegro for EU

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European Central Bank

The European Central Bank (ECB) has launched a co-operation programme with the Central Bank of Montenegro, which will receive €300,000 ($388,000) in funding from the European Union.

The programme is designed to help the Central Bank of Montenegro in its preparations for joining the European System of Central Banks (ESCB), once the country has qualified for EU membership.

Alongside the ECB, 10 national central banks from within the eurozone – including the Banque de France and Deutsche Bundesbank

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