This link has been bookmarked by 1 people . It was first bookmarked on 11 Jul 2008, by Prof. Dr Wolfgang Schumann.
Kosovo, which seceded from Serbia in February of this year, is one of Europe's most under-developed economies and is highly dependent on foreign subsidies.
From 1999 to 2007, when under the direct administration of the United Nations, Pristina benefitted from over €3.5 billion in reconstruction assistance.
However, the official unemployment rate remains a worrying 43 percent, with youth unemployment estimated even higher, at around 60 percent.
Kosovo's economy grew by 4.4 percent in 2007, with an inflation rate of 13.6 percent as of April, 2008.
The largest chunk of money for Kosovo is to come from the European Commission, followed by an American contribution of some $400 million. Beyond the EU's own funds, member state Germany has pledged €100 million, and the UK has confirmed an aid package worth £23 million.
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