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http://ec.europa.eu/enlargement/pdf/financial_assistance/cards/publications/fry_strategy_paper_en.pdf - trade, price liberalisation and currency. A continued lack of convergence in these fields can only harm the development of the country as a whole and place unnecessary obstacles in the path of the SAp process. The legacy of past fiscal imbalances and accumulation of domestic and external debts has left the FRY in a highly vulnerable condition. This is likely to be compounded by the servicing of the external debt while pursuing economic restructuring, placing added pressure on FRYs fragile external accounts. This can only be resolved through sound and sustained macroeconomic management, key structural reforms and well targeted foreign assistance. For Kosovo in particular, the quasi- fiscal deficits of the budget relating to the

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