 In 2013 Radoje Zugi, the finance minister of Montenegro, said that "it would be economically irrational to return to a currency of your own, only to be back in the euro later".Instead, he hopes that Montenegro will be allowed to keep the euro, and he promised "that the government of Montenegro will meet some important conditions to keep the euro, such as fiscal compliance".In 2007 Montenegro signed a Stabilization and Association Agreement with the European Union, then submitted its application for membership in December 2008 and finally obtained the status of official candidate in 2010.