Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Kosovo heads for political shake-up in elections on Sunday

Published 02/12/2021, 07:43 AM
Updated 02/12/2021, 07:45 AM
© Reuters. Woman wearing a mask walks near electoral campaign billboards in Pristina

By Ivana Sekularac

PRISTINA (Reuters) - An anti-establishment party was expected to take the lead in parliamentary elections in Kosovo on Sunday, complicating Western efforts to broker an end to a territorial dispute with Serbia that has hobbled its 13 years of independence.

The Vetevendosje party's growing popularity has shifted the political balance in the small Balkan state, which declared independence from Serbia nine years after NATO bombing ended a crackdown on separatists by then-Serb leader Slobodan Milosevic.

Opinion polls predict it will win between 45 and 55 percent of the vote among ethnic Albanians, who make up 90 percent of the 1.9 million population. That would be nearly double its score in 2019 although it may still need a partner to govern.

Serbia, backed by Russia, does not recognise Kosovo's independence, citing the need to protect the rights of its Serb minority. Numerous EU and U.S. negotiators have failed to secure a compromise to allow it to join international organisations such as the United Nations and NATO.

Vetevendosje argues there can be no compromise with Serbia and has campaigned against widespread graft in Kosovo during two decades of rule by parties led by former separatist fighters.

A Facebook (NASDAQ:FB) campaign has won it support among young people, including the many who have moved abroad to try to find work. One in three people are unemployed in what is the poorest country in the Western Balkans.

Faton Byqmeti, 27, flew in from France to cast his ballot.

"It would be good to get rid of the thieves," he told Reuters. "We hope the Vetevendosje people will do something, that’s why we came from abroad to vote."

Vetevendosje may have to join forces with either the now-ruling Democratic League of Kosovo (LDK), opposition Democratic Party of Kosovo (PDK) or Alliance for the Future of Kosovo (AAK), but analysts foresaw a change in the political elite.

"Those ruling Kosovo for the past 20 years will be thrown out of political life in Kosovo and we will see new politicians," said Nexhmedin Spahiu, a 55-year-old professor from the northern town of Mitrovica, home to many ethnic Serbs.

Naim Rashiti an analyst with the Balkans Policy Research Group said Vetevendosje leader Albin Kurti would face the same dilemmas as his predecessors over how to fortify Kosovo's independence.

Former Prime Minister Ramush Haradinaj, whose AAK party could emerge as a king-maker, says Kosovo should not be held hostage to a deal with Serbia.

© Reuters. Woman wearing a mask walks near electoral campaign billboards in Pristina

"We might as well look for other options and another option would be referendum and becoming a union with Albania," he told Reuters.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.