The Booty Report

News and Updates for Swashbucklers Everywhere

Arrr, Kosovo be shiverin' the timbers of 6 Serbian bank branches in a currency crackdown! Aye, the treasure be in trouble!

2024-05-20

Arr! The scallywags of the Kosovar police be shutting down six branches of the Serbia-licensed Postal Savings Bank, all in the name of keeping the Serbian dinar off our shores! Shiver me timbers, I reckon they be serious about their coinage!

Arr, me hearties! Kosovo police be shuttin' down six branches o' a Serbia-licensed bank, banishin' the use o' the Serbian dinar currency in the country! Tensions be risin' with Serbia, mateys!The scallywags in the police be sayin' they closed the branches o' the Postal Savings Bank at the behest o' financial institutions, on account o' their illegitimacy, and with an authorization from the prosecutor’s office.On the first o' February, the government be demandin' areas ruled by the ethnic Serb minority in Kosovo to start usin' the euro, castin' aside the Serbian dinar.Priština delayed the change for three moons due to pressure from the European Union and the United States, fearful o' harm to the Serb minority in northern Kosovo.Most o' Kosovo uses the euro, but the north, full o' Serbs, still clings to the dinar, gettin' support from Serbia in cash.Brussels and Washington be pushin' both countries to honor agreements made by Serbian President Aleksandar Vučić and Kosovo Prime Minister Albin Kurti.Relations be strained after a skirmish last September, makin' progress in normalization talks hard.Serbia and Kosovo be keen to join the EU, but their stubbornness be puttin' their chances at risk, warns Josep Borrell, the EU's foreign policy chief.Back in '98-'99, Serbian forces battled Albanian separatists in Kosovo. Many perished, and NATO had to step in. Kosovo declared independence in '08, but Belgrade still be denyin' it.

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