Economy

Vlahutin: EU plans to expand funding in Vlora to over 50 million Euros

The water treatment plant in Vlora is a very important infrastructural work for the environment and tourism, which will be followed by a series of other investments.The statement was issued by Prime Minister Edi Rama during the inauguration of the water treatment plant in Vlora. He stressed that a number of other investments for water, sanitation and energyA� will continue ...

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Ahmetaj: Strengthening of Lek, a negative impact on Albaniaa��s budget

The strengthening of lek and the increase of the amount of refunds are the two main reasons which have led to fewer revenues to be collected by the government in the first six months of the year. Finance and Economy minister, Arben Ahmetaj said that as a result of the strengthening of lek, the government collected 3.6 billion lek less. ...

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Rama: 28,324 more employees since May last year

Prime Minister Edi Rama, in a meeting with the Regional Employment Directorates stated that “all offices have accomplished the objectives, while some have moved ahead”. “Since May last year, we have 28,324 more employees. Over 14 thousand people have been employed through the Labor Office in this 6-month period “, the head of government said.”Those who want to verify these ...

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Ministers of Economy of Western Balkan countries met in Vienna

The Minister of Finance and Economy, Arben Ahmetaj, participated in the meeting of the Ministers of Economy of the countries of the Western Balkan, a meeting that is held on July of every year, in the framework of the Berlin Process. The EU Commissioner for Enlargement Johannes Hahn participated in this meeting. The focus of the meeting was the presentation ...

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New highway to connect northern Albania and Kosovo with Rinas Airport

The highway ThumanA�-FushA� KrujA�-Kashar, that connects through a modern infrastructure the north of Albania and Kosovo with Tirana International Airport and with the Port of Durres, is on the final phase of preparations. Through a post on his social network a�?a��Facebooka��a�� Pm Edi Rama declared that his highway will be build according to all the European standards. The highway ThumanA�-FushA� ...

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EBRD considering a loan of $ 69.4m for tourism projects in Albania

The European Bank for Reconstruction and Development (EBRD) is consideringA�the provision of a loan up to $ 69.4m for financing infrastructure and tourism projects in Albania. A�According to the statement issued by EBRD the loan will be divided into two tranches of 30 million Euros each and is part of Albania infrastructure tourism enabling program. “The bank will also seek ...

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Foreign investments 283 million Euros in the Albanian economy

Foreign investments in Albania depend mainly only on one sector. It is energy. Official data from the Bank of Albania show that in the first three months of this year, foreign companies invested 283 million Euros in the Albanian economy.A�But over 64 percent of this amount or 181 million Euros were invested only in the energy sector, mainly in three ...

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Countries ranked by foreign investment in Albania

Greece continues to chair the foreign investment stock in our country, although the neighboring country has been undergoing a difficult economic period for years. According to the Bank of Albania statistics on the Foreign Direct Investment stock, Greece is the first country whose companies have invested in Albania, mainly in telecommunication and banking. Greek investment stock in Albania in the ...

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Employment in Albania on an increasing trend since 2013

Pm Edi Rama published the number of the people that have been employed since May 2013, until May 2018, extracted by the Register of the Social Securities. From the graphic that was posted by Pm Rama, it is clearly noted that increasing trend of employees, from year to year. According to the graphic , in 2013 there were 465.494 people ...

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PM Rama: Vlora airport tariffs will be the lowest in the region

Vlora airport tariffs will be the lowest in the region, Prime Minister Edi Rama said during the presentation of the investment projects for Vlora area, where the airport takes a priority place. The construction of this new airport, according to Mr. Rama, is a kept promise of the Government. It will have an impact on the economic development of the ...

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