Montenegro to continue with EU bid

Montenegro is planning to submit its application for European Union (EU) candidate status before the end of the year, it has emerged.

During a visit to Bosnia this week, Montenegrin prime minister Milo Djukanovic said the country is now in talks over a compromise deal with France, which currently holds the EU presidency.

He told a press conference in Sarajevo that the country will continue with its initial intention to apply for EU candidacy before 2009, Reuters reports.

The prime minister explained: "We are trying to agree on a compromise in talks with France and achieve what Montenegro has planned - to apply for a candidate status by the end of the year.

"We have got full satisfaction after declaring independence: we have strengthened stability and come closer to our European goals."

Mr Djukanovic said that EU status will reflect the increased social, political and economic stability achieved in Montenegro since 2006, when the country won independence.

Publications such as Homes Overseas have recently identified Montenegro as a key investment destination for 2009.

Visit our off-plan property Montenegro page.

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