Nearly a year of pandemic and restrictive measures, Kosovo still without economic recovery

Kosovo's government, led by Prime Minister Avdullah Hoti, is by no means securing the votes needed to vote on the Economic Recovery Law, and there it is not finding support even in opposition votes.

Currently, Kosovo is under austerity measures to prevent the large number of coronary cases that are highest since the beginning of the pandemic in Kosovo.

The police clock, the ban on economic activities after 7 p.m., and austerity in gastronomials and economic activities have led to a decline in Kosovo's circulation of more than 1 billion euros since the beginning of the pandemic.

Kosovo now has over 12,000 active cases and the release of measures is not considered by the relevant authorities, but on the other hand there is no hope for the vote of the Economic Resurrection Law.

During yesterday's day, Kosovo Prime Minister Avdullah Hoti has signed agreements with the European Union bringing Kosovo into its 26.5m-euro crates for fighting pandemic, but from the EU have appealed to vote for the Remesion Law.

These EU calls were made during yesterday's day when Central Bank of the Republic of Kosovo Governor Fehmi Mehmeti has met EU Office chief Tomáš Szunyog

At this meeting, the two sides expressed the urgent need for approval of the Economic Reapition Law.

Szunyog Mehmet, request approval of the Economic Restitution Law

Calls for the Regeneration Law vote have also made Germany's ambassador to Kosovo, Jorn Rohde, where he has called on the government to secure votes for this.

Good news! The EU continues to do what it promises by supporting our trusted partner, Kosovo, with considerable financial contributions in the fight against pandemic. It would also be good if the Government would soon gather the majority to finally adopt the Economic Regeneration Law”, Ambassador Rohde wrote.

Germany's ambassador calls for economic recovery law to be voted

Kosovo's Economic Odays have expressed deep concerns over the non-vote of the Economic Recovery Law that would help businesses and some would escape bankruptcy.

The decisions on new measures in Kosovo have reacted two weeks ago to the American Oda of Kosovo, where they have expressed their concerns about the survival of the private sector.

And from Kosovo's Economic Oda, the head of this office said that any insultative move in Kosovo without recovery measures would be fatal for businesses and the economy and result in the extinction of many businesses, the news writes.

Regarding austerity measures in Kosovo, private business associations who have warned protests if the measures are tightened and the government does not help the sector.

Currently, in Kosovo it is said there may be a tightening of the measures, but on the other hand, the government is unable to make together the votes needed for the Remake Law vote.

It remains to be seen in progress what the epilogue will be of increasing cases of corruption and the major economic crisis that has engulfed Kosovo.

Countries in the region and Europe have proceeded with third and fourth steps of recovery, while currently in Kosovo the first step has not been voted.