Jan 14, 2011

Kosova with Best Mountains Resorts in Europe




Kosova / Kosovo located in the South Eastern Europe is the best touristic attraction in this area of Balkans. With the announcement of Independence on 17th of February 2008 the Newest Country in the World started a rapid development in all spheres including tourism. With its geographical coordinates 42 35 N, 21 00 E, Kosovo lays in the heart of Balkans and part of Europe. Kosovans are the people of Kosova whose descendants’ are Illyrians.

Kosova with 10.887sq km is a land-locked country with the youngest population in Europe and one of the youngest in the world with the median age of 26-27 years old. Total estimated population is two million with census under way in 2011. Albanian Alps make the majority of the mountainous area of Kosova with 700 km long. The highest peak is Gjeravica 2.656 meters above Sea level in the western part of Kosova. The newest country has a climate conditions influenced by the continental air masses resulting with cold winters with allot of snow and dry and warm summers and with a rainy fall. Alpine and Mediterranean variation of weather creates excellent weather variations.

Ethnic groups leaving and working in Kosovo are Kosovo Albanians 92% while other minorities Serbs, Roma, Turks, Bosniak, Gorani, Ashkali and Egyptians compose the remaining 8% of population – with three main religions Muslim, Catholic and Orthodox.

Kosovo is part of the EURO Zone and during the international monetary crises in the world country had less than 2% inflation. Since the Independence, Kosova’s economy has show a great progress from transitional to full market based economy while maintaining macroeconomic stability. But, newest country still is very much dependant on the assistance of the international community and its Diaspora. The money flowing in from diaspora reaches 14% of the countries GDP. Still the country remains highly poor with only $2.500 annual income per-capita. The main issue yet to be resolved is the supply of Energy 24/7. There are still electrical short-cuts in some territories of Kosova.  Since 2009 Kosovo is a member of World Bank and International Monetary Fund and since 2006 is member of CEFTA (Central Europe Free Trade Agreement). Kosova’s GDP composed by sector is 12.9% Agriculture, 22.6 Industry, while services cover 64.5% (2009) of $5.3 billion GDP.

Kosovo with its 8 airports 4 which with pawed runways and 2 helipads; also with 430 km of rail roads - connecting all sides of Kosovo and 1.926 km roads out of which 1.668 km are paved creates an interesting place to foreign investment. Whilst, 4 highways underway make Kosova the greatest place that offers great opportunity and position to grow as the fastest in the region and region.

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