EU Floats Fix for Euro Use That’s Clouding Montenegro’s Membership Bid

The European Union is close to overcoming a unique obstacle to Montenegro’s membership bid — the country’s de-facto use of the euro — people familiar with the matter said.

Negotiators from the European Commission plan to treat the situation as an unorthodox, fixed-rate currency regime, according to the people, who asked not to be identified discussing private talks. Details of the arrangement would be established by the accession treaty, one of them said.