Author Archives: RTI English

Foreign direct investment on upward trend in first quarter of 2018

Foreign direct investment grew by 61.6% in the first quarter of the year compared with the same period a year earlier. The Bank of Albania reported that in January-March foreign companies invested EUR 283 million in the Albanian economy or EUR 108 million more than in the first quarter of 2017. Historical data show that this is the highest level ...

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“Gjirokastra Cultural Evening” hosted in the premises of the Presidency

The President of the Republic Ilir Meta hosted yesterday the “Gjirokastra Cultural Evening” in the premises of the Presidency. Members of the Parliament, local authorities, and representatives of the diplomatic corps, representatives and heads of the Forum for Gjirokastra Values Protection, artists, singers, ethnographers and culture personalitiesA�attended this artistic-cultural event t. a�?Ethnographic Gjirokastra ” is the exhibition opened by the ...

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Albania: SHELL to invest $42 million in Block 4

The Albanian government approved the decision for the exploration and production of hydrocarbons in Block 4, by the international company SHELL. Three years of negotiations between SHELL and the Albanian government were needed to finalize the agreement, that foresees a 42 million$ investment in extracting hydrocarbons in Block 4. After the government meeting held in Durres, Pm Edi Rama informed ...

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Albania under the EU integration process

The EU integration of Albania continues to remain a great desire of the Albanian people and a direct challenge of the Albanian politics and institutions. This desire was expressed by the protests of the students in fall 1990, when they revolted against the ferocious communist regime and requested to a�?a��A� make Albania as all Europea��a��. The challenge is linked with ...

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Fleckenstein: Albania heading in the right direction

The European Council will decide within a few days whether to open membership talks with Albania or not. MEP Knut Fleckenstein rapporteur for Albania in the European Parliament, stated that the set key priorities have been met by Tirana. “There has been some clear progress in Albania, and law-related issues are heading in the right direction and perhaps even better ...

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Albanian top authorities: Greece and Macedonia reached a historic deal

Greece and Macedonia reached today a historic deal. After numerous negotiations between the two parties, the two Prime Ministers Zoran Zaev and Alexis Tsipras formalized the accord for the new name of the neighboring country. From today it will be called the Republic of Northern Macedonia. The deal resolves the 27-year dispute over FYROM between the two countries, an issue ...

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Matt and Ediola Perry

The interview of the week presents a beautiful and inspiring couple, Ediola and Matt, who are currently living and working in Albania.

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Unemployment in Albania falls to a historical low

Unemployment rate in Albania has fallen to 12.5%. This figure was confirmed by the Institute of Statistics, according to which, this is the lowest unemployment rate recently registered in the country. Meanwhile, minister of Economy, Arben Ahmetaj declared that unemployment fell to a historical low. a�?The figures published today by INSTAT indicate that employment continued to rise in the first ...

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Fuel imports marked a historic record in the first quarter of the year

Fuel imports marked a historic record in the first quarter of the year, according to data from the Ministry of Finance. From January to April 2018, 160 thousand tons of oil were imported, with a 50 percent increase as compared with the same period last year. As it is seen, the import has reached a historic record in quantity since ...

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Mayor Erion Veliaj: Tirana will soon have a modern National Theatre

Mayor ofA� Tirana, Erion Veliaj reinterated the stance that theA�premises of the National Theatre will be build according to the example of the national stadium a�?a��National Arenaa��a��. During an interview, Veliaj declared that the new theatre will be modern and well-expanded , compared to the existing building. Talking about the conditions of the actual building, Veliaj declared that no Italian ...

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