EU on the abolition of the dinar: We are concerned about the consequences this decision could have on Kosovo Serbs

The spokesperson for the European Union warned today that the decision of the Central Bank of Kosovo to abolish the dinar would also impact the financial support that Kosovo Serbs received from Serbia, and they urged Kosovo to ensure a sufficiently long transition period and to find a solution to this issue through negotiations within the EU-facilitated dialogue.

The European Union, according to the statement by the EU spokesperson, takes note of the regulation by the Central Bank of Kosovo, which is set to enter into force today. The regulation aims to enhance the transparency of financial flows, ensure financial stability, and combat money laundering and counterfeiting.

"The EU notes that the regulation will also affect the financial support that Kosovo Serbs receive from Serbia. The EU is concerned about the consequences that this decision might have on the daily lives of Kosovo Serbs and other communities throughout Kosovo due to the absence of prior consultation, in particular on its impact on schools and hospitals, given the apparent absence of alternatives at this moment," the statement said.

The EU warns that a short transitional period for the regulation’s implementation, combined with a lack of information and practical solutions for all affected communities, risks seriously complicating their lives.

"The EU urges Kosovo to ensure a sufficiently long transition period and to find a negotiated solution to this issue in the framework of the EU-facilitated Dialogue," the EU said.