MH.Yang
SENIOR MEMBER
- Joined
- Jul 21, 2021
- Messages
- 6,679
- Reaction score
- 2
- Country
- Location
In 1991, the Communist Party of Yugoslavia lost its position as the ruling party. Yugoslavia is about to split.What in the world does the Kosovo war have to do with the Euro?
At that time, Western European countries wanted to achieve integration, so they naturally wanted to control the Balkans. They began to fund local independent forces. Including the "Kosovo Liberation Army".
At that time, the separatist forces in Yugoslavia had become very powerful. Western European countries had long wanted to launch attacks against the Yugoslav government, but the United States government has refused to do so.
It was not until 1999 that the United States changed its attitude.
On January 1, 1999, the Single Monetary Act was implemented in European Union countries implementing the euro.
The Kosovo War broke out on March 24, 1999.
After the outbreak of the war, the euro exchange rate fell from the original 1.1:1 to 0.9:1.
During the war, France and Germany repeatedly demanded to launch ground attacks as soon as possible. Their intention was to end the war as soon as possible and reduce capital loss. But the American bombing of SAARC lasted 78 days slowly.
According to statistics, as of March 2000, more than one trillion dollars of European assets had flowed to the United States.
On July 11, 1999, the US military even handed over the eastern defense area of Kosovo and Pristina Airport to the Russian army. As a result, the British Frier Airborne Brigade dispatched by Europe did not gain any control. The European plan to integrate the Balkans also failed.
The stupidest thing about Europeans is that they have never realized that the biggest enemy of the dollar is the euro.
Last edited: