April 15 - The council of the Central Bank of Montenegro (CBCG) decided on Monday to renew a licence to Montenegrobanka and initiate bankruptcy procedures in Jugobanka Podgorica. April 15 - Workers of Jugobanka Podgorica#s branch in Niksic locked themselves in the bank premises after the Central Bank of Montenegro decided to declare the bank bankrupt. April 16 - The Council of Ministers of European Union decided to reject France#s demand to start negotiations on Serbia and Montenegro joining the Union, until the two adopt a constitutional charter, set up a joint market and customs duties. April 16 - The cost of living in Montenegro rose in the first quarter of this year 18.2 percent on the same period 2001, the statistics office said on Tuesday. April 17 - More than 5,700 or 38 percent of all registered companies in Montenegro were incapable of servicing their debts in 2001, the Payment Office of the Central Bank of Montenegro (SPP CBCG) said on Wednesday. April 17 - The government of Montenegro said it would pay a one-off assistance to workers of Jugobanka Podgorica declared bankrupt on Monday. The level and the dynamics of the payment of social benefits will be determined by the ministries of finance and labour. April 18 - The Russmont Steel Corporation can only help out the Niksic steel works to survive the next few months but it is not a strategic partner to the Niksic plant, consultant on development issues Ranko Milovic told a round table called Metallurgy in Montenegro - current status and perspectives. April 19 - The Securities Commission passed on Friday ten rules regulating the activities of privatisation funds, vice-chairman of the commission Zoran Djikanovic told Mina-business. Six rules were adopted unanimously and chairman of the commission Slobodan Lakic abstained from voting for rules defining the transformation of the funds into investment funds, depositing the money, calling first shareholders meetings of investment unit holders and mutual exchange of shares. April 19 - The Montenegrin government decided on Friday to allow the power monopoly Elektroprivreda Crne Gore to continue to calculate consumed electric power at so-called winter tariff until October 1, rejecting the company#s demand to further increase electricity prices.