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What is the currency of Kosovo? Kosovo uses the euro?

by Financial Economy
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Kosovo gained its independence in 2008. Before 2008, since 1913, it was under the rule of the Kingdom of Serbia. When Kosovo declared its independence in 2008, it became the 50th country in Europe. Many countries in Europe recognize Kosovo. There are more than 115 countries that recognize Kosovo in the world. Many countries in Europe recognize Kosovo. In addition, the EU, NATO and the USA also recognize Kosovo. “How is Kosovo’s economy? What is the currency of Kosovo? Does Kosovo use the Euro?” You can find answers to such questions in the rest of our article.

What is the currency of Kosovo? Kosovo uses the euro?

Kosovo has been using the euro since the day it declared its freedom in 2008. Kosovo is not an official member of the Eurozone. It uses Euro unilaterally. You can browse here for information about the French Franc.

How is Kosovo’s economy?

Kosovo is not a member of the European Union, besides, the per capita national income of the country is around 3 thousand Euros. Inflation in Kosovo is around 3 percent. Average wages in the country are between 250-300 Euros and the minimum wage is around 180 Euros. Unemployment rate is high in Kosovo. The unemployment rate in Kosovo is over 30 percent.

Which Countries Do Not Recognize Kosovo?

Countries such as Russia, Greece and Serbia do not recognize Kosovo. Each of the countries that do not recognize Kosovo has a separate reason in its own way. For example Greece; He does not recognize Kosovo because he is afraid of the recognition of the TRNC.

For information about International recognition of Kosovo: https://en.wikipedia.org/wiki/International_recognition_of_Kosovo

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