Montenegro is a south-central European country with a multinational population of 620,000, comprised of Montenegrins, Serbs, Bosnians, Albanians and Croats. Its political situation has been stabilising after gaining independence from the state union of Serbia and Montenegro in 2006. A Stabilisation and Association Agreement with the European Union was signed in 2007 and the process of accessing membership of the EU is intensifying.

Economy-wise, Montenegro has, in the last two years, been experiencing constant growth with a GDP increase of

The International Federation's Disaster Relief Emergency Fund (DREF) is a source of un-earmarked money created by the Federation in 1985 to ensure that immediate financial support is available for Red Cross and Red Crescent response to emergencies. The DREF is a vital part of the International Federation's disaster response system and increases the ability of national societies to respond to disasters.

Period covered by this update: 26 November to 14 December, 2007.

Summary: CHF 62,578 (USD 55,973