In the tumultuous Balkans, even matters of currency are transformed into instruments of political dispute. Which side will come on top in the current standoff between the euro and the Serbian dinar in Kosovo?
As news came out of Pristina in late January on the introduction of the euro as the legal tender throughout Kosovo, many were left puzzled. Clearly, the issue at hand is not exclusively a financial matter. It’s part of a broader context.
Following a NATO intervention against Belgrade in 1999 and years of international presence, Kosovo adopted the euro as its official currency unilaterally back in 2002.