Kosovo estimated to have lost 300m euros in sanctions so far

Kosovo estimated to have lost 300m euros in sanctions so far

Kosovo has continued to be officially under European Union measures since 28 June 2023. Brussels has been clear that the measures could be removed only if the conditions Josep Borell imposed on June 3rd for the de-excend of the situation, including the reduction of special police, the departure of the mayors and [...]

Leaders of Kosovo institutions, President Vjosa Osmani and Prime Minister Albin Kurti, have consistently called for the removal of the measures, considering it unfair and disproportionate, however, the EU is cut in demand for meeting conditions in exchange for lifting measures.

Meanwhile, Kosovo's financial losses from these measures are staggering. The head of the Kosovo Economic Ode, Lulzim Rafuna, has shown that Kosovo has lost 300m euros in European projects as a result of European punishment.

He has said these projects would have a direct impact on businesses.

“As a result of EU measures we have been damaged in two ways: the first is material where so far they are blocked over 292m, approximately 300m euros of projects that have not been implemented, those projects are capitals that then impact directly on businesses. The second is also an image issue. It's not a good image when you as a country have punitive measures in the sense of foreign investors. We demand that those measures be removed as soon as possible, we ask institutions to meet conditions and criteria so that we are not under punitive measures”, Rafuna has said.

President Vjosa Osmani in a recent interview has indicated that allies have prepared even much stricter measures for Kosovo and individuals, but have declared that thanks to its efforts day and night they have been prevented.

Related
Driver Arrested in Mitrovica's 73-year-old Footman

Driver Arrested in Mitrovica's 73-year-old Footman

Pristina: Three foreign citizens engaged in beatings, passports seized

Pristina: Three foreign citizens engaged in beatings, passports seized

From Sunday to Monday, the price of oil 2 cents cheaper

From Sunday to Monday, the price of oil 2 cents cheaper

Attempted Attempted Murder Suspect Arrested Through Interpol in Pristina

Attempted Attempted Murder Suspect Arrested Through Interpol in Pristina

Trump says US-Iran agreement will be signed today

Trump says US-Iran agreement will be signed today

Pristina on alert for hot summer, municipalities, firefighters appeal for caution

Pristina on alert for hot summer, municipalities, firefighters appeal for caution

Bank tariffs: Salads in sports up to 5 euros, reactions erupt

Bank tariffs: Salads in sports up to 5 euros, reactions erupt

Citizens under attack by taking credit on their behalf, arrested by many Albanian couple

Citizens under attack by taking credit on their behalf, arrested by many Albanian couple

Kosovo with high trade deficit, experts seek support for local producers

Kosovo with high trade deficit, experts seek support for local producers

Weather Today and the following days

Weather Today and the following days

Police: New technology allows automatic identification of counterinference

Police: New technology allows automatic identification of counterinference

KEDS announces: These countries are out of electricity tomorrow, cause of work

KEDS announces: These countries are out of electricity tomorrow, cause of work

73-year-old hit by vehicle in Mitrovica

73-year-old hit by vehicle in Mitrovica