Economy recovering faster than predicted, says Bank of Albania

Economy recovering faster than predicted, says Bank of Albania

The Albanian economy is recovering faster than predicted. This was emphasized by the Bank of Albania in its latest report on the monetary situation in the country. ‘’Economic recovery in Albania is continuing with a high rhythm, better than the

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The government signs the contract for the construction of Vlora International Airport

The government signs the contract for the construction of Vlora International Airport

The Minister of Infrastructure Belinda Balluku signed today the contract for the construction of the Airport of Vlora with the winning consortium “Mabco Construction”, part of which is Behxhet Pacolli’s Mabetex Group, which owns 50% of the shares of the

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Airport of Kukës welcomes its first passenger plane/ Aboard Rama and Balluku

Airport of Kukës welcomes its first passenger plane/ Aboard Rama and Balluku

The Airport Zayed – Flatrat e Veriut (North Wings) in Kukës greeted today its first passengers plane, where aboard were also Prime Minister Rama and Minister of Infrastructure Balluku. Although Rama had promised that the airport would have its first

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Albania real GDP will grow 4.5% in 2021, says the Vienna Inst. for International Economic Studies

Albania real GDP will grow 4.5% in 2021, says the Vienna Inst. for International Economic Studies

The new Vienna Institute for International Economic Studies forecasts for Eastern Europe suggests that Albania real GDP growth for 2021 will be 4.5%. This year the strongest growth according to the report will be seen in Montenegro (6.5%), Turkey (5.8%),

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Ding: China’s Importation of Agricultural and Food Products from Albania Continued to Grow

Ding: China’s Importation of Agricultural and Food Products from Albania Continued to Grow

The importation of agricultural and food products from Albania in China has continued to grow in the last year, besides being a pandemic year. On the occasion of the China-Albania Business Roundtable on Agricultural Trade, the Chinese Ambassador in Albania

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Albanian Economy Losses 560 Million Euro Due to the Pandemic

Albanian Economy Losses 560 Million Euro Due to the Pandemic

The Albanian economy has lost due to the pandemic 560 million euros, making the pandemic one of the biggest economic crisis to hit the country, while around 43,000 people officially lost their jobs due to the economic restrictions. According to

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Albania Losses the 110 Million Euro Battle With Becchetti

Albania Losses the 110 Million Euro Battle With Becchetti

After a long battle in courts, Albania lost the lawsuit against the Italian businessman Francesco Becchetti, over the compensation he demanded for the closure of Agon Channel Tv in 2015, meaning that now Albania will need to pay the record

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Albania Signs with the US an Agreement to Bring Liquefied Natural Gas in Vlora

Albania Signs with the US an Agreement to Bring Liquefied Natural Gas in Vlora

  Albania signed today an agreement with the United States to bring liquefied natural gas in Albania. The agreement includes the conversion of the Vlora Thermal Power Plant, and the construction of a new gasification terminal, which will turn Vlora

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AmCham: There’s an Increased Lack of  Trust in the Business Climate in Albania

AmCham: There’s an Increased Lack of Trust in the Business Climate in Albania

The President of the American Chamber of Commerce, Enio Jaço, in his remarks on the Annual Media Conference on developments that have affected AmCham during 2020 and beyond, declared that corruption is the biggest threat to the future of the

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The Lost Battle of Albania With Money Laundering

The Lost Battle of Albania With Money Laundering

After the report published this week by U.S DOS, in which it was stated that Albania has not done progress in its money laundering fight, other investigations from the Albanian media further explains the depth of the money-laundering system in

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