Latest business news and economic performance and outlook for Albania and South East Europe.
TIRANA, July 6 — Albania’s investment climate remains problematic and this is why the country is perceived as a difficult place to do business, says a report of the United States Department of State. “Despite […]
Vodafone Albania has sent a notice indicating it will stop offering mobile money transfer service from July 14. This will affect nearly 250,000 users who have until July 29 to withdraw their funds, according to […]
Ernest has returned to the sky between Italy and Albania this week, having previously launched last year as a virtual carrier with its flights being operated by Mistral Air. The carrier, which is now using […]
The Trans Adriatic Pipeline consortium has almost completed the supply of steel pipes that are being used for the Albania section of the major project bringing Caspian gas to Europe. Durres Port authorities say a […]
Albania’s central bank wants to curb the use of euros so that its monetary policy works better and to protect its banking system from exchange rate shocks, its governor told Reuters. The national currency is […]
The World Bank said it has confirmed its projections for Albania’s economic growth at 3.5% in each of 2017 and 2018. The bank increased the forecast for Albania’s gross domestic product (GDP) growth in 2019 […]
Albanian residents and a non-governmental organization have filed a lawsuit against the government for giving a permit to build a hydropower station in a protected valley. Toka (Earth), a local organization founded in 2016 to […]
The price of real estate on the shores of Albania are half the price of those in Montenegro or Croatia. However, lack of infrastructure keeps demand low. Coastal Albanian real estate is the cheapest in […]
The number of foreign nationals who visited Albania in the first four months of the year rose by 13.4% to 961,392, the statistical office, INSTAT, said on Friday. Visitors who visited Albania for the purpose […]
Discussions on Croatia joining the exchange rate mechanism that would prepare it for adopting the euro should only start once the country leaves the European Union’s Excessive Deficit Procedure, central bank governor Boris Vujcic said […]
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