Concern over Albania losing doctors to Germany highlighted as leaders meet 

Concern over Albania losing doctors to Germany highlighted as leaders meet 

TIRANA, March 8, 2023 – The emigration of medical professionals from Albania to Germany, which has led to public concern and criticism of the Albanian government, has now become for the first time a point of discussion in a meeting

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Faced with inflation and manpower shortage, Albania’s gov’t moves to increase wages

Faced with inflation and manpower shortage, Albania’s gov’t moves to increase wages

TIRANA, March 1, 2023 – Albania’s government has announced it is increasing the country’s monthly minimum wage to 40,000 leks (347 euros) and increasing all military wages across board by 7 percent.  The move comes as Albania’s economy faces manpower

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Individuals abroad sending 1 billion euros annually to Albania, latest Eurostat data shows

Individuals abroad sending 1 billion euros annually to Albania, latest Eurostat data shows

TIRANA, Feb. 23, 2022 – About 1 billion euros were sent to Albania by individual residents in 2021, according to the latest complete set of data published by Eurostat, with most of the senders likely being Albanian migrants sending remittances

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Highest court rules price control boards are unconstitutional

Highest court rules price control boards are unconstitutional

TIRANA, Feb. 23, 2023 – Albania’s Constitutional Court ruled Wednesday against the government’s decision to establish a price control board on food basics, a decision that is likely to impact the fuel price control board as well.  Critics say the

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Albanian coffee shop chains expand globally as Mulliri opens up in Cairo 

Albanian coffee shop chains expand globally as Mulliri opens up in Cairo 

TIRANA, Feb. 22, 2023 –  Chains of coffee shops in Albania are a phenomenon of the past decade but the domestic brands have matured enough to expand in the region, where it is not unusual to see the Albanian brands.

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Analysis: Understanding Germany’s new Supply Chain Act impact on Albanian companies

Analysis: Understanding Germany’s new Supply Chain Act impact on Albanian companies

By Elisabeth von Alvensleben KALO & ASSOCIATES* This article tries to bring to the interested parties the likelihood of the impact that a new German Act on Corporate Due Diligence Obligations in Supply Chains (in the Following: Supply Chain Act) 

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Through regional networking, Western Balkans business owners are preparing for the European Union market

Through regional networking, Western Balkans business owners are preparing for the European Union market

SKOPJE, March 31, 2023 – Improving infrastructure, solving barriers that exist to speed up the flow of goods and services, establishing a joint airline that will connect the region, solving the issue of certification bodies and documents are just some

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Bucking int’l trend, Albania’s central bank keeps key rate unchanged

Bucking int’l trend, Albania’s central bank keeps key rate unchanged

TIRANA, Feb. 1, 2023 – Bank of Albania’s Supervisory Council announced Wednesday it would keep the central bank’s key interest rate unchanged at 2.75 percent.  It’s the second time in a row the central bank keeps the rate unchanged, bucking

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Labor force reduction due to emigration harming Albania’s long-term potential, central bank governor says 

Labor force reduction due to emigration harming Albania’s long-term potential, central bank governor says 

TIRANA, Jan. 31, 2023 – Bank of Albania Governor Gent Sejko has joined voices of concern regarding the renewed trend of Albanians leaving the country to work abroad, citing negative long-term potential of having a smaller pool of local labor

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Albanian gov’t, UAE investor sign deal on €2 billion redevelopment of Durrës waterfront

Albanian gov’t, UAE investor sign deal on €2 billion redevelopment of Durrës waterfront

TIRANA, Jan. 30, 2023 – Albania’s government has officially signed off on a 2 billion euro private-public partnership with a major UAE investor, Muhamed Alabbar, to redevelop the Durrës port area waterfront.  The agreement on the Durrës Yacht and Marina

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