Albania’s PM endorses President Erdogan in upcoming Turkish elections, raising concerns at home over breaking protocol 

Albania’s PM endorses President Erdogan in upcoming Turkish elections, raising concerns at home over breaking protocol 

TIRANA, May 9, 2023 – Albanian Prime Minister Edi Rama has released a video in which he addresses the Turkish people ahead of the May 14 presidential elections, voicing support for President Recep Tayyip Erdogan, who is running for reelection

Read Full Article
Bank of Albania keeps key rate unchanged as record strength of local currency helps curb inflation, puzzling experts

Bank of Albania keeps key rate unchanged as record strength of local currency helps curb inflation, puzzling experts

TIRANA, May 4, 2023 – Albania’s central bank announced Wednesday it is keeping its key interest rate unchanged at 3 percent with global trends and a strong local currency taking the edge off domestic inflation and thus making rate increases

Read Full Article
Albania and region need to diversify renewable sources to have energy security, experts say

Albania and region need to diversify renewable sources to have energy security, experts say

TIRANA, April 28, 2023 – Albania needs to diversify its investments in renewable energy beyond weather-dependent hydroelectric generation to ensure its energy security, according to experts at a forum organized by the Albanian Institute for International Studies.  The event, part

Read Full Article
What do Albania’s upcoming municipal elections mean for foreign investors?

What do Albania’s upcoming municipal elections mean for foreign investors?

NEWS ANALYSIS TIRANA, April 19, 2023 – Albania’s political parties have started campaigning across the country for the upcoming May 14 municipal elections, which will determine the mayors and municipal council members of Albania’s 61 municipalities.  By their very nature,

Read Full Article
Concerns raised as Tirana mulls exiting ICSID over Becchetti affair €120-million judgement

Concerns raised as Tirana mulls exiting ICSID over Becchetti affair €120-million judgement

TIRANA, April 11, 2023 – With Albania’s government losing its final appeal to reverse a €120-million penalty in the Francesco Becchetti affair case earlier this month, Tirana is mulling exiting the jurisdiction of the international arbitration court that issued the

Read Full Article
PM pitches large public sector wage increases, leading to concern over costs, political use 

PM pitches large public sector wage increases, leading to concern over costs, political use 

TIRANA, April 8 – Albania’s government is preparing to approve large wage increases in the public sector that could lead to the average salary going up 60 percent by 2024, Prime Minister Edi Rama has announced.  According to the government,

Read Full Article
Albania voices support for Thaci as trial starts in The Hague 

Albania voices support for Thaci as trial starts in The Hague 

TIRANA, April 3, 2023 – Albania has voiced support for Kosovo’s former president Hashim Thaci and three other ex-leaders of the Kosovo Liberation Army (KLA), whose trial started on  Monday in The Hague on alleged war crimes.  All of the

Read Full Article
Albanian PM visit to London focuses on migration woes 

Albanian PM visit to London focuses on migration woes 

TIRANA, March 23, 2023 – Albanian Prime Minister Edi Rama visited London on Thursday in the first ever official visit of an Albanian head of government to 10 Downing Street, but the visit was marred by taking place with the

Read Full Article
Albanians get visa-free access to UAE, part of larger expansion into Asia

Albanians get visa-free access to UAE, part of larger expansion into Asia

TIRANA, March 23, 2023 – Starting on April 20, citizens of Albania will be able to travel visa-free to the United Arab Emirates, home of renowned cities and major airports, including Dubai and Abu Dhabi, the Albanian government has announced. 

Read Full Article
College of Europe a step closer to ‘historic’ Tirana campus with funding secured

College of Europe a step closer to ‘historic’ Tirana campus with funding secured

TIRANA, March 17, 2023 – College of Europe is one step closer to opening a campus in Tirana, EU Enlargement Commissioner Oliver Varhelyi said on March 16, announcing that funding had been found to establish the third campus of EU’s

Read Full Article