Economy

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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Vienna Initiative: Albania has made progress with NPLs

A recent report by Vienna Initiative drafted by the World Bank, IMF, EBRD and European Commission has pointed out the fact that Albania has made progress in reducing NPLs. According to this initiative, Albania and Serbia are the two countries with the biggest decline in NPLs. In Albania, NPLs have fallen by 6.5% and in Serbia, it has fallen to ...

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Remittances, the main source of income for the Albanian families

Remittances are the main source of income for 26% of Albanian families. A recent report by the Bank of Albania, titled “Remittances, a support for development”, notes that 1.15 million Albanian emigrants across the globe brought to Albania 1.16 billion euros to help their families. The report observes that the dominant share of remittances, that is 57%, is made through ...

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Construction works for Arber Highway kick off, another 5 projects this year

Construction works for the Arber Highway, considered as the most important road segment of the countrya��s northeastern part, have started yesterday. This highway is the first road project as part of the list of roads that the government is planning to realize this year through concession agreements. Part of this list are also five other projects of this nature, also ...

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Albanian medical herbs keep being the most sought agricultural products in the foreign markets

Albanian medical plants keep being the most sought agricultural products in the foreign markets. Albania leads the production and exportation of these natural resources with about 500 ha of cultivated area with these plants. The medicinal and aromatic plant sector has had a significant impact on the country’s economy, with over 90,000 employed individuals, mainly in rural areas, significantly affecting ...

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PM Edi Rama: ”100 villages” will attract emigrants to invest their savings in Albania

Pm Edi Rama, during the joint meeting with all the representatives of the friends of Albania, considered the program a�?a��100 villagesa��a�� as a new cooperation way for the National Program for the Villages, for a successful model for rural development. a�?a��100 villagesa��a�� program is considered not only as a development model for overcoming economic difficulties , but also as a ...

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Spring Euro barometer: Economic situation and employment continue to be improved

The economic situation and employment as challenges of the Albanian society will continue to be improved. That is the conclusion drawn by the Spring Euro barometer for the European Union and the candidate countries, based on a face-to-face questionnaire with nationals from each of the countries. Asked about their expectations for the next 12 months regarding employment and the economy, ...

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