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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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Hahn:The right time Albania made more progress with the Justice Reform and the Vetting process

“Ita��s the right time Albania made more progress with the Justice Reform and the Vetting process. We want to see Balkan countries in 2025 as EU members. Maybe, I can be judged as optimistic for the date I am declaring here for the first time: but the Balkans are Europe, “said Commissioner Johannes Hahn. Commissioner Hahn’s statement came at a ...

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Albania: Government encourages the cultivation of medicinal herbs

20 thousand hectares of land all over the country may potentially be cultivated with cannabis. This is the alarm raised by government structures, admitting that this area of land may potentially be used to cultivate this type of drug. To prevent this, the government suggests a number of measures to be taken in order to reduce cannabis cultivated areas in ...

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