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Montenegro Republic

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RenaL's Avatar
Turkey
1205 Posts
 Posted 05/25/2006  06:31 am Show Profile   Bookmark this topic Add RenaL to your friends list Get a Link to this Message Number of Subscribers
I know this is not completely Numismatic News (yet) but this is probably the most appropriate place to post in the forum.

Serbia and Montenegro are about to part.

http://www.cnn.com/2006/WORLD/europ...p/index.html

Last week, Montenegrin people voted for a separate country of their own.
The part that may interest us is that the new country may mint new coinage or they can wait to be a part of the EU and they may start minting their own Euros

This separation is considered to lead to some other possible separations or mergers.
If the maps continue changing like that in Europe, the political / social effects are variable, but the world coin collectors may be happy with new coins every year.
Edited by RenaL
05/25/2006 06:32 am
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toast's Avatar
Australia
1091 Posts
 Posted 05/25/2006  11:39 pm  Show Profile   Bookmark this reply Add toast to your friends list Get a Link to this Reply
Lets hope they can do this peacefully. When any faction believes that it is loosing power, they often make trouble. This part of the world has already had it's fair share of trouble for a few generations.
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RenaL's Avatar
Turkey
1205 Posts
 Posted 05/26/2006  02:48 am  Show Profile   Bookmark this reply Add RenaL to your friends list Get a Link to this Reply
This specific one is one is going very nice so far. Hopefully goes on like this. But of course there is always a worst-case scenario.

I am actually worried about the general trend, it's like the bigger ones encourage every little group declaring its own republic. (Montenegro has a population of 650.000.) The concern is the fact that not every union goes separate quietly.
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Sap's Avatar
Australia
16829 Posts
 Posted 05/26/2006  04:39 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Montenegro has been economically independent since 2002; they've been using euros (though not making their own), leaving the "Yugoslav" dinar circulating only in Serbia. Indeed, the most recent incarnations of "Yugoslav" coins and notes have left "Montenegro" off the name, simply saying "National Bank of Serbia".

Presumably they'll keep using euros until they're allowed to make their own.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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RenaL's Avatar
Turkey
1205 Posts
 Posted 05/26/2006  6:33 pm  Show Profile   Bookmark this reply Add RenaL to your friends list Get a Link to this Reply
quote:
Originally posted by Sap

Presumably they'll keep using euros until they're allowed to make their own.



Most probably.
But the general opinion is that if the independent Montenegro republic seems to be permanent, it won't take much time European Union to take them into the Union.
Actually it is considered to be one of the most important reasons Montenegro wanted independence at first place. It is known that for some years, Serbia hasn't been the best neighbour of EU.
Rest in Peace
Gary Burke's Avatar
United States
3730 Posts
 Posted 05/31/2006  4:11 pm  Show Profile   Bookmark this reply Add Gary Burke to your friends list Get a Link to this Reply
As a former geography teacher, I find this story fascinating. I look forward to seeing any coins which might be produced!
Banned
New Zealand
306 Posts
 Posted 05/31/2006  10:30 pm  Show Profile   Bookmark this reply Add Aidan Work to your friends list Get a Link to this Reply
Montenegro is not the only ex-Yugoslavian state that is using Euros.The Euro is also the official currency of Kosovo.I wouldn't be too surprised if Bosnia-Hercegovina was also using Euros,as the Convertible Mark was derived from the old Deutschemark.

Aidan.
Rest in Peace
Gary Burke's Avatar
United States
3730 Posts
 Posted 06/23/2006  8:25 pm  Show Profile   Bookmark this reply Add Gary Burke to your friends list Get a Link to this Reply
I was in a hurry so didn't read the entire article, however in a news magazine yesterday there was a story about Montenegro. Only about half a million population, right. But, now officially an independent country.

I'm wondering if anyone has heard if it will be a part of the E.U., and if it plans to issue Euros?
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