{"id":3162801,"date":"2021-03-31T16:09:03","date_gmt":"2021-03-31T16:09:03","guid":{"rendered":"https:\/\/webalkans.eu\/eu-provides-up-to-e60-million-in-highly-favourable-loans-to-montenegro\/"},"modified":"2026-05-05T15:16:19","modified_gmt":"2026-05-05T15:16:19","slug":"eu-provides-up-to-e60-million-in-highly-favourable-loans-to-montenegro","status":"publish","type":"post","link":"https:\/\/webalkans.eu\/en\/eu-provides-up-to-e60-million-in-highly-favourable-loans-to-montenegro\/","title":{"rendered":"EU provides up to \u20ac60 million in highly favourable loans to Montenegro"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The European Commission has signed a Memorandum of Understanding (MoU) with Montenegro and provided the first instalment of the support in the form of highly favourable loans worth \u20ac30 million, intended for limiting the economic fallout of the COVID-19 epidemic.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This is only part of the support available to Montenegro within of the Macro-Financial Assistance Programme worth up to \u20ac60 million. This form of support complements the previously approved \u20ac53 million, which the European Union granted to Montenegro for the procurement of urgent medical equipment and to assist socially underprivileged individuals, entrepreneurs, companies, the health sector and others that have been most seriously impacted by the COVID-19 crisis.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The disbursement of the second and final instalment loan support, up to the \u20ac60 million total , will be conditional on Montenegro meeting the requirements specified in the MoU, including strengthening public finance, fight against corruption, enhancing financial stability, improving the business environment, and social protection reform. The assistance programme will be available for a period of 12 months.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Macro-Financial Assistance Programme for Montenegro is part of a \u20ac3 billion MFA package that the Commission proposed for ten enlargement and neighbourhood partners to help limit the economic fallout of the pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The European Commission has signed a Memorandum of Understanding (MoU) with Montenegro and provided the first instalment of the support in the form of highly favourable loans worth \u20ac30 million, intended for limiting the economic fallout of the COVID-19 epidemic. &nbsp; This is only part of the support available to Montenegro within of the Macro-Financial [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":3162802,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"area-of-cooperation":[],"country":[248],"opportunity-type":[],"class_list":["post-3162801","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","country-montenegro"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - 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