dinar issue, Kosovo's chief negotiators meet today in Brussels

dinar issue, Kosovo's chief negotiators meet today in Brussels

Kosovo and Serbia's chief negotiators will meet today in Brussels to find solutions after the EPB's transitional period expired, which defines the euro as the only currency for transactions in Kosovo. The European Emisari for dialogue, Miroslav Lajcak, has invited Kosovo's chief negotiator, Besnik Bislimi and Serbia's Petar Petkovic, [...]

Kosovo and Serbia's chief negotiators will meet today in Brussels to find solutions after the EPB's transitional period expired, which defines the euro as the only currency for transactions in Kosovo.

The European Emisari for dialogue, Miroslav Lajcak, has invited Kosovo's chief negotiator, Besnik Bislimi and Serbia's Petar Petkovic, to continue, to Brussels today, discussions on the dinar, in hopes of finding a solution.

“The mayors will meet on Wednesday in Brussels, and will continue discussions on finding a sustainable temporary solution for persons affected by the Kosovo Central Bank's decision on cash operations. And pending this meeting Wednesday, the European Union expects both sides to show flexibility and readiness to reach a” compromise, EU spokesman Peter Stano said Monday.

This will be the 7th consecutive meeting where implementation of the BQC regulations is discussed. The parties have yet to find solutions, while the compromise proposal presented by Miroslav Lajcak is still on the table at the end of March.

On 12 May, the central bank's transitional period has passed, and from Sunday, the euro is the only currency for transactions in Kosovo.

According to the country's prime minister, Albin Kurti, through BEC regulation, legitimacy, transparency is being targeted.

The Central Bank of the Republic of Kosovo has clarified that the goal is legitimacy, transparency and not punishment and punishment. There are those who are higher than we are and lead in this process of transition as smooth as the means of payment. The CEC's regulation is not to go against the dinar, but to the euro as the only means of payment in Kosovo”, Kurti has indicated.

The CEC, it has announced, has also completed the three-month transition period for reportedly “Equipment of the regulation for cash operations”. The CEC has clarified, days ago, that after completing the transition period it has licensed eight branches of financial institutions in Serb majority municipalities, in Leposaviq, Zvecan, Gracanica, Shtrpce and one in Shilove in Gjilan, placing 38 ATMs or similar equipment of financial self-service.

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