Montenegro

The use of the name Montenegro began in the 15th century when the Crnojevic dynasty began to rule the Serbian principality of Zeta; over subsequent centuries Montenegro was able to maintain its independence from the Ottoman Empire. From the 16th to 19th centuries, Montenegro became a theocracy ruled by a series of bishop princes; in 1852, it was transformed into a secular principality. After World War I, Montenegro was absorbed by the Kingdom of Serbs, Croats, and Slovenes, which became the Kingdom of Yugoslavia in 1929; at the conclusion of World War II, it became a constituent republic of the Socialist Federal Republic of Yugoslavia. When the latter dissolved in 1992, Montenegro federated with Serbia, first as the Federal Republic of Yugoslavia and, after 2003, in a looser union of Serbia and Montenegro. In May 2006, Montenegro invoked its right under the Constitutional Charter of Serbia and Montenegro to hold a referendum on independence from the state union. The vote for severing ties with Serbia exceeded 55% - the threshold set by the EU - allowing Montenegro to formally declare its independence on 3 June 2006.
==Economical characteristics==
* Currency: Euro (ISO code: EUR)
* Central bank discount rate: 
* Commercial banks lending rate: 9.24% (31 December 2008)
* Stock of money (M1): $816.8 million (31 December 2008)
* Quasi money (with M1 makes M2): $1.406 billion (31 December 2008)
===Statistics===
Statistic / Year 	1999	2000	2001 	2002 	2003 	2004 	2005 	2006 	2007 	2008
GDP (million USD)World Bank. "Montenegro: GDP", from World Bank Data. Referenced 2010-09-29. 	 	982 	1 159	1 282	1 704	2 074	2 257	2 696	3 843	4 891
Govt. debt (% of GDP)World Bank. "Montenegro: government debt", from World Bank Data. Referenced 2010-09-29. 	 	 	 	 	 	 	 	 	 	
Govt. revenue (% of GDP)World Bank. "Montenegro: government revenue", from World Bank Data. Referenced 2010-09-29. 	 	 	 	 	 	 	 	 	 	
Govt. expenses (% of GDP)World Bank. "Montenegro: government expenses", from World Bank Data. Referenced 2010-09-29.	 	 	 	 	 	 	 	 	 	
Debt to revenue (years) 	 	 	 	 	 	 	 	 	 	
==References==
Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.
==External links==
* Montenegro on Wikipedia
* Central bank of Montenegro
* Country profile (pdf) from the Enterprise Studies page (part of the The World Bank Group)
* BBC country profile
Category:Countries