Montenegrin Prime Minister Milojko Spajić said on 4 November 2026 that the government was aware of risks in the Euro model and would proceed with “bold reforms”. The European Commission has requested a detailed analysis of the model and identification of possible risks, he said at the presentation of its Montenegro report at the European House in Podgorica.
Spajić said the Commission had not concluded that the model would significantly threaten finances, but had pointed to possible risks. The International Monetary Fund and World Bank had also warned about risks during the previous Evropa sad 1 and Evropa sad 2 programmes, he said.
Asked why there were no analyses of the Euro model, Spajić cited a text that had argued Evropa sad 2 would endanger finances. He also said Montenegro and Ireland had reduced debt the fastest.
The government had twice shown it could implement strong reforms, Spajić said, adding that citizens would feel the results and young people would have hope to stay.
Johan Satler, the European Union ambassador to Montenegro, welcomed communication on the Euro model with social partners, trade unions, employers and international partners, and said he wanted it to continue.
