Completing the Enigma: Should Kosovo be in or Out the Euro Area
Completing the Enigma: Should Kosovo be in or Out the Euro Area

Summary/Abstract: The purpose of this paper is to analyze whether Kosovo is benefiting from being part of the eurozone or should start thinking on leaving eurozone by starting to issue its own currency. As a new country with a developing economy we know that staying within the eurozone conditions a reduction in inflation and all this affects the slowdown the rapidity of economic development. This has led it us to analyse whether staying in the eurozone is beneficial for Kosovo. The data collected in this paper are primary data obtained from the basic literature analysis, as well as the secondary data analyzed according to the descriptive analysis by observing and analyzing the macroeconomic and financial indicators in Kosovo. The findings of the study show that in the current situation, both politically and economically, there are more benefits of using euro than its own currency for Kosovo. Because of being part of eurozone, Kosovo has benefited from loans with lower interest rates than other neighboring countries for the sole reason that Kosovo is in the eurozone and they are not, by ranking us in a safer place for investors and a more stable place as a result of euro.

• Details
• Contents