EU to question Montenegro's use of euro

As Montenegro prepares to sign a pact on closer links with the EU, the bloc's finance ministers meeting today (8 October) are set to warn that the country's use of the euro as its national currency is not in line with EU rules.

"Unilateral 'euroisation' is not compatible with the treaty, which foresees the eventual adoption of the euro as the endpoint of a structured convergence process within a multilateral framework," says a draft statement to be adopted on Tuesday (9 October), accord...