EU slams Kosovo's closure of Serbian banks: spokesman

Brussels, Belgium: The European Union on Tuesday lambasted Kosovo s closure of several Serbian banks this week, calling the move escalatory amid sta...

Brussels, Belgium: The European Union on Tuesday lambasted Kosovo's closure of several Serbian banks this week, calling the move "escalatory" amid stalled talks between the Pristina government and Serbia.

The closure of six banks on Monday dismantled what was left of Serbian financial institutions in northern Kosovo, where many ethnic Serbs live.

Serbia-Kosovo tensions have simmered for months after Kosovo made the euro its only legal currency and effectively outlawed the Serbian dinar.

The move angered Serbia, which continues to finance a parallel health, education and social security system for Serbs in Kosovo.

The two sides have held talks in Brussels over the issue but not reached an agreement.