"This article comprehensively discusses the common challenges of south-east European countries in the process of European integration. It will look into the impacts of the euro crisis in south-east countries including Montenegro, Croatia, Bosnia- Herzegovina, Serbia, Macedonia and Albania. The article also discusses the importance of collaboration and co-ordination in the Balkans region for the future of these countries in the European Union. From the point of view of both the European Union and the countries of south-east Europe, the region requires integration in or, at least, being closely linked to the European Union. This would be an essential step towards the establishment of a framework for economic, legal and political stability, cross-border co-operation and internal reforms among the countries. It is clear that the process of integration with the European Union has faced numerous and significant challenges over the years. The first set of challenges remains the Balkans itself; the second rests with the parent continent (Sergi and Qerimi, 2008: 1). "

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