The European Investment Bank (EIB) has stepped up its presence in Montenegro, signing a Host Country Agreement that will see a permanent representative based in the country for the first time – signalling stronger cooperation as Montenegro advances towards EU accession.
But that’s not all: EIB Global is also unlocking a €20.3 million financing package to support Montenegro’s education reform. The bulk of the funding—€18 million—comes as a loan to the government, while €2.3 million in grants will go through UNOPS to provide technical assistance.
The goal? A modern, energy-efficient, and digitally equipped school network that supports pre-primary to secondary education, while also boosting vocational training.
The initiative is the latest in a €55 million education push since 2019, part of a broader EU-backed effort to make Montenegro’s youth more resilient and employable. With new infrastructure and smart governance tools, the country is betting on education as a catalyst for long-term growth—and on closer EU ties as a strategic anchor.
