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Prof. Dr  Wolfgang Schumann

18.08.10: Brussels backs Kosovo bid to join international bank - 0 views

  • The European Commission has endorsed Kosovo's bid to join the international bank, the EBRD, as Pristina continues to strive for credibility on the world stage.
  • Five out of the 27 EU countries and 22 out of the 63 EBRD member countries do not recognise Kosovo. But if one of the 22 EBRD non-recognisers changed position, it would be enough for Pristina to secure the 75 percent vote needed to join the London-based body. UN membership is for the time being out of the question due to the hostility of Russia, a UN veto-wielding power, in a situation preventing Kosovo from joining other institutions, such as the International Olympic Committee, the football authority FIFA and the Internet top-line domain name authority, ICAAN. Kosovo in 2009 did join the IMF, the World Bank and the European Investment Bank however, in developments touted by its diplomats as proof of progress toward de jure statehood. Kosovo Prime Minister Hashim Thaci in a comment for EUobserver earlier this week said the ICJ ruling should open the way for more UN members to switch sides.
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