Will any other Western Balkans country join the Single Euro Payments Area (SEPA) on the same day as Montenegro?

Informal Western Balkans leaders meeting in Skopje, 21 January 2024; Photo: X / @albinkurti

According to the recent announcement by Gert Jan Koopman, Director-General of the European Commission’s Directorate for Neighbourhood and Enlargement Negotiations (DG NEAR), Montenegro is poised to become the first country in the Western Balkans to join the Single Euro Payments Area (SEPA), as early as on 1 January 2025.

However, North Macedonia, Albania and Serbia also hope to become SEPA members as soon as possible. The central banks of these three countries explain for the European Western Balkans that they submitted the applications for SEPA accession and all measures are being implemented in order to achieve this goal.

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