Albania & Kosovo Financial Cooperation and Integration - A New Approach for Financial Regional Integration

Albania and Kosovo, as two Albanians' states in the region, are trying to bridge their national economies on a permanent basis. Although in its first steps such common vision, willingness and aspiration by many interest groups in both states need to be materialized by identifying real and practical opportunities and ways for a sustainable and coordinated cooperation between both economies, aiming at their final harmonized integration, within Balkan region.Typically, the financial integration of both countries' banking systems seems to be one of the most important and probable way to ensure their economic integration. There are several substantial reasons, which could establish the suitable premises and favor such a financial integration, along with some obvious positive effects, the latter could provide to both financial systems and economies, respectively. Our discussion is particularly focused on Albania's public debt and on possible positive effects, such integration could produce. Such particular cooperation and integration could serve as a hotbed and platform for a possible and practical cooperation & integration among Balkan states, which share similar features, in terms of economic development pattern, its stage of advancement, established goods & services markets and regional positioning