Kosovo 

Kosovo country policy

Policy established 28 May 2008

• The country ceiling is 30 mln euro
• Early warning signal 30 mln euro
• Private buyers: SIF facility, FX generating buyers only

Country class: 7

Kosovo country facts

Country Report last updated :  8 April 2008
Country :  KOSOVO 

Political Situation
Large Etnic Tensions

Head of state
President Fatmir Sejdiu

Form of government
Government of the Democratic Party of Albania (PDK) and the Democratic League of Kosovo, headed by p. m. Hashim Thaci.  
 
Internal Economic Situation
Structurally Very Weak

General situation :    Despite a unexplored rich mineral potential (coal, lead, zinc, chromium, silver), agriculture is the main economic activity. In Kosovo the authorities introduced unilateral euroisation (so without monetary agreement with the ECB); therefore the euro is de facto legal tender. It helped to stabilise/ minimise the level of inflation.

External Economic Situation
Very Weak

Main sources of foreign exchange :   Workers’ remittances, international support.. 

Main foreign markets
Albania, Serbia.

Main expenses of foreign exchange
Imports of consumer goods, energy.