The impact of Euroization in Businesses’ Access to Finance in Kosovo

Abstract

The research explores the impact of Euroization on Kosovo’s business access to finance. It attempts at answering the questions as to what extend has the Euroization impacted the business development by enabling the adequate access to finance. The research finds that the Euro adoption has brought about different benefits for the Kosovo economy in the context of enabling macroeconomic stability, which carries high importance. The macroeconomic stability and Euroization has been impacting the development of a sound financial sector and the development of business at large. The study concludes that there was a significant impact of Euroization in the core issue of business development satisfaction and access to finance for businesses. The data analyses show also that while there is a huge chance for the entrepreneurs to develop and expand their businesses, the scope of financing sources and the finance conditions requires improvement