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.