Economy

Gjiknuri: A tourist airport to be opened soon in Saranda

Minister of Infrastructure and Energy Damian Gjiknuri accompanied by the MP of the SP Alket Hyseni visited several new hotel businesses in Saranda and Ksamil. “We had the opportunity to visit and see from close some hotel businesses that were recently opened in Saranda and Ksamil. We had the opportunity to talk with people operating these businesses as well as ...

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BoA Governor Sejko: Employment upward trend

Governor of the Bank of Albania, Gent Sejko says that employment has increased and the unemployment rate has fallen to 12.5%. Governor of the Bank of Albania, Gent Sejko confirmed today that the fall in unemployment at 12.5% a��a��is the lowest historical unemployment rate registered in Albania, while progressive growth of the total number of employees in Albania is being ...

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Upward trend of remittances

“Remittances: A Support to Development”. This is the recent scientific study published by the Bank of Albania expert group Argita Frasheri, Valentina Semi, Rudina Lilaj, Enian A�ela, Lindita Vrioni and Arlinda KoleniA�o. This material presents a briefing of the research work of the Bank of Albania during the first semester of 2018. More concretely, it reflects some of the works ...

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Ahmetaj: Country’s economic performance on the right track

Minister of Finance and Economy Arben Ahmetaj in an interview with fDi Magazine commented on the Albanian economy and its pace of development. According to him, the country’s economic performance is on the right track. “Today, the economy has improved considerably. Growth in 2017 was 3.84% of GDP, “said the Minister, while reminding the fact that when the SP came ...

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ECB: More and more Albanians opt for the euro

Albanians are among the biggest users of the euro in the Balkans. This is confirmed by the latest figures of the European Central Bank, according to which, 43.2% of Albanians prefer to have their savings in euros. In this aspect, they are only left behind by the Serbs, who keep 64.2% of their savings in euros. Although interest rates in ...

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EBRD: 100 villages-project, the right way to develop the country

The program of 100 villages has been assessed by the director of the European Bank for Reconstruction and Development (EBRD) for Albania, Matteo Colangeli, as a way to develop the country. While voicing support for this program, Colagel said that particular efforts will be made with municipalities to provide the right infrastructure for creating appropriate conditions for tourists visiting Albania. ...

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Foreign businessmen’s visits to Albania undergo an increase of 25%

Foreignersa�� visits in Albania for business or professional purposes have undergone a significant increase. This was announced by the Institute of Statistics in its latest report, according to which about 8,000 foreign visitors have come to Albania in June this year, as compared to 7100 in June last year, translated into a 13% annual growth. During the first 6-month period, ...

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Ahmetaj: IDEA program provides support to young entrepreneurs

Finance and Economy Minister Arben Ahmetaj said IDEA program will provide support to young entrepreneurs for ages 19-34, to better respond to the challenges the Albanian government has for employing and engaging young people in the work market. Present at the launch of the project “IDEA – Entrepreneurship Support Scheme”, which took place in Tirana on Thursday, with the participation ...

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EC report: Albania risks to face the challenge of reducing foreign direct investment

Albania risks from one year to the other to face the challenge of reducing foreign direct investment in the conditions when two major energy projects (TAP and Devolli) are being completed and other investments have natural resources or are non-tradable. The European Commission report published this July has taken into account the Economic Reform Programs of some Balkan countries, including ...

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Albania and Kosovo inaugurated the joint border crossing point in Morina

Albania and Kosovo inaugurated the joint border crossing point in Morina on Tuesday. The ribbon was cut by the EU ambassador in Tirana Vlahutin, the EU ambassador to Kosovo, Apostolova, and Deputy Prime Ministers of Albania and Kosovo, Mesi and Hoxhaj. Morina is the main border point between the two countries where most passengers and goods pass. The operation of ...

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