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EU to grant EUR 30 mln to Montenegro in 2010

PODGORICA, Nov 10 (Hina) - The European Union will allocate nearly EUR 30 million in aid to Montenegro for projects aimed at fighting organised crime and corruption and at strengthening the social welfare policy in 2010, the European Union ambassador to Montenegro, Leopold Maurer, said in Podgorica on Wednesday.

Maurer and Montenegrin European Integration Minister Gordana Djurovic today signed a financial agreement on using IPA funds for 2010.

Also on Wednesday, the European Bank for Reconstruction and Development (EBRD) approved EUR 13.55 million to the Montenegrin railway company for the purchase of new electric trains, the company's CEO, Resad Nuhodzic, said in Podgorica at a new conference.

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