Economy

German government, 2mln euro project for sustainable rural development in Albania

The German government will finance a 2 mln euro project for sustainable rural development in Albania. The agreement was signed by the Minister of Agriculture and Rural Development, Bledi Çuçi and the Director of GIZ Hannes Cassens. This agreement aims at properly addressing the challenge of consolidating and orienting agriculture in Albania towards a more competitive agriculture. Minister Çuçi said ...

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One of the biggest cruise ships anchored in Saranda

The cruise ship ‘’Lirica’’ of the MSC giant, anchored in Saranda, the southern port of Albania. It holds on board nearly 2360 tourists coming from different countries of the world. The tourists were received by the representatives of the Ministry of Tourism and the Municipality of Vlora. Butrinti and the Blue Eye remain the main touristic destination of the daily ...

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Albania agreement with Germany on water supply in coastal areas

Albanian Government and the Government of the Federal Republic of Germany signed an agreement on the water supply of coastal rural areas, which will serve some 80,000 tourists and residents. This project, according to Minister of Infrastructure and Energy Belinda Balluku, will bring drinking water supply to rural areas and especially to the seaside, expected to improve the sewerage network ...

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Albania and Slovenia to further enhance cooperation in the field of agro-tourism

In the framework of his visit in Slovenia, the minister of tourism and environment, Blendi Klosi, held meetings at the Ministry of Agriculture, Food and Forests and the Ministry of Environment and Space Planning of Slovenia. Minister Klosi during the meeting he held with the Minister of Agriculture, Aleksandra Grivec, focused at the Slovenian model and experienced in the field ...

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BoA: A new climate of confidence in the country’s economy

Albania continues to be a “construction site” and this is creating a new climate of confidence in the country’s economy. As the citizens seem to feel this development which is affecting their positive sense of the economy as such. This phenomenon is confirmed by the Bank of Albania’s most recent survey, according to which the indicator of economic sentiment has ...

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US Acting Deputy Ambassador Koski: Albania’s legal system is changing, a better business climate awaits investors

“The United States is confident that justice reform will create a fair, transparent and predictable business climate that is best for your businesses and for all US companies inspired to invest in Albania” That is the statement issued by the US Acting Deputy Ambassador Dan Koski at the General Assembly of the American Chamber of Commerce. “Every year, Albania loses ...

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Number of visitors have increased in National Parks

Archaeological parks in our country have awakened the interest of foreign and domestic tourists during the first three months of 2019. These parks in Albania have received an impressive number of visitors during January-March 2019 reaching a number of 19,881 visitors. There is an increase of 237% more visitors compared with the same period of 2016, year which received 5800 ...

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“Mons Lucjan Avgustini” school inaugurated by the U.S. Embassy Defense Attaché James Hilton

The Municipality of Vau-Dejes inaugurated the reconstruction of the high school ‘’Mons Lucjan Avgustini’’. The Mayor of Vau-Dejes , Zef Hila expressed his gratitude for the U.S embassy in Albania, for the financing of this project and the offering of the best of conditions for the students of this school. The representative of the US embassy, James Hilton declared that ...

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INSTAT: Growth of domestic agricultural production brought inflation fall in March 2019 to 1.1%.

The growth of domestic agricultural production, led to price declines in domestic markets, and brought the inflation fall in March 2019 to 1.1%. INSTAT announced that the monthly change in the consumer price index in March 2019, compared with February 2019, decreased by 0.3%. According to INSTAT, the annual increase of prices in March was mainly influenced by the group “Food and ...

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TAP stretches the first pipelines in Albanian waters

The Trans Adriatic Pipeline (TAP) successfully implemented the laying of the first underwater pipeline to the shore that extends to Albania. Saipem, the TAP contractor responsible for engineering, procurement, construction and installation of the marine section, is using the Castoro 10 ship for this process. Tubes were welded on the ship board, which was 1.4 km from the sea shore. ...

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