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Floods wreak havoc

Floods wreak havoc

Much of southern Albania has been under water for a week, as heavy rains bring rivers to historic levels. FIER, Feb. 5, 2015 Flash floods caused by heavy rains hit southern Albania hard this week, forcing the evacuation of hundreds

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Severe floods could reduce expected economic growth

Severe floods could reduce expected economic growth

TIRANA, Feb. 3 – The devastating floods in southern Albania this week due to heavy rains and the overflow of several rivers is expected to have a serious impact on the country’s economy this year, experts say. Back in May

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Albania under water, as floods continue

Albania under water, as floods continue

FIER – Unrelenting rain and flooding continue in southern Albania, leading to the evacuation of hundreds of people and massive damage to homes and businesses. There have been no victims, officials said, but several people had to be evacuated by army

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Pension gap registers first annual decline

Pension gap registers first annual decline

TIRANA, Jan. 27 – For the first time in more than a decade, Albania’s huge pension deficit has suffered a moderate decline. The reform initiated in the pension system in 2014 and tighter penalties introduced for repeated violations with the

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Call centers, manufacturing emerge as top employers for youth

Call centers, manufacturing emerge as top employers for youth

TIRANA, Jan. 20 – With youth unemployment at around 33 percent, the booming call center business and the traditional garment and footwear manufacturing are emerging as two of the key employers for Albanian young men and women aged from 15

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