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Kosovo Closes Serbian Bank Branches, Escalating Currency Dispute

EU criticizes Kosovo's decision to ban the Serbian dinar, impacting ethnic Serb minority and straining normalization talks.

  • Kosovo police shut six branches of a Serbia-licensed bank over the use of the Serbian dinar.
  • The ban on the dinar affects areas with a significant ethnic Serb population, requiring them to use the euro.
  • The EU and US pressured Kosovo to delay the ban due to concerns for the ethnic Serb minority.
  • Brussels and Washington urge Kosovo and Serbia to adhere to past agreements for normalization.
  • The EU warns that the refusal to compromise jeopardizes both countries' EU membership aspirations.
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