Montenegro and the euro Montenegro and the euro Montenegro has no currency of its own. From 1996 the Deutsche Mark was the "de facto" currency in all private and banking transactions and it was formally adopted as Montenegro's currency in November 1999. The mark was replaced by the euro in 2002 without any objections from the European Central Bank (ECB). The European Commission and the ECB have since voiced their discontent over Montenegro's unilateral use of the euro on several occasions, with Amelia Torres, a spokesperson for the European Commission, saying "The conditions for the adoption of the euro are clear. That means, first
Bulgaria and the euro numerals). However, the word stotinki (стотинки), singular stotinka (стотинка), the name of the subunit of the current Bulgarian currency, could be used in place of cent, as it has become a synonym of the word "coins" in colloquial Bulgarian; just like "cent" (from Latin centum), its etymology is from a word meaning hundred – "sto" (сто). Stotinki is used widely in the Bulgarian diaspora in Europe to refer to subunits of currencies other than the Bulgarian lev. Bulgaria and the euro Bulgaria committed to switching its currency, the lev, to the euro upon its joining the European Union in 2007,