Montenegros PM Djukanovic resigns after 20 years in power.

By bne IntelliNews December 22, 2010
Montenegros prime minister Milo Djukanovic stepped down after 20 years in power, Djukanovic told a news conference on December 21, citing personal reasons. Djukanovic will be succeeded by his deputy, finance minister Igor Luksic. In the meantime, Deputy PM Svetozar Marovic also submitted his resignation. Djukanovic, 48, has been ruling the country for over 20 years. He headed five cabinets and served one mandate as Montenegros President (1998-2002). He was first elected as premier in February 1991. We note that there had been mounting speculations that Djukanovic will withdraw from his post once the country obtains an EU candidate country status. The EU council officially granted the status on Dec 17. Djukanovic has been considering withdrawal from active politics for years. He even refused to chair the new government about 4 years ago, but returned on the post in less than a year.

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