Serbia and Montenegro started the process of Accession to the European Union in November 2005, when negotiations over a Stabilisation and Association Agreement began. In May 2006, Montenegro voted for independence in a referendum and Serbia and Montenegro was dissolved. Serbia continued with the existing negotiations, and separate negotiations were launched with Montenegro in September 2006. 12 The Agreement was initialled on 15 March 2007 and officially signed on 15 October 2007.
Montenegro is experiencing ecological, judicial and crime-related problems that may hinder its bid.citation needed Montenegro signed a deal with the Bulgarian government in December 2007 in which Bulgaria will help the small nation with its Euro-Atlantic and EU integration for the following three years.3
Montenegro unilaterally adopted the German mark as its state currency in November 1999, and switched to the euro when it was launched in 2002.
