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Press Releases 2011 - December
08.12.2011 - Statement of the Central Bank of Montenegro regarding the article “Banks Prep for Life After Euro“ published in the Wall Street Journal
CENTRAL BANK OF MONTENEGRO
Podgorica, 08 December 2011
Statement of the Central Bank of Montenegro regarding the article “Banks Prep for Life After Euro“ published in the Wall Street Journal
With regard to the text “Banks Prep For Life After Euro“ published in the Wall Street Journal, the Central Bank of Montenegro hereby states that it does not consider the euro collapse as an option. This was communicated to the respective reputable magazine in writing. The Central Bank of Montenegro also denies that there are any “weighing of options for life after the euro” because such a scenario is not considered realistic. Consequently, it is untrue that any preparations are under way to introduce a domestic currency.
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