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Moodya��s: Positive projections on the Albanian economy

International credit rating company, Moodya��s has upgraded its projections on the Albanian economy during this year and next year. According to Moodya��s report, until the end of the year, the Albanian economy is expected to grow up to 3.9%. This growth rate is also projected for next year. Meanwhile, for 2019, Moodya��s is projecting a 4% economic growth, thus becoming ...

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Kosovo: Private sector boosts economic growth

Although in the recent years, Kosovoa��s economic growth has been positive, its impact on living standards is small. According to economy experts, economic growth must be in double digits in order to be felt by people and to have an impact on unemployment and poverty. According to the latest report of the World Bank, Kosovoa��s economic growth at the end ...

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Albanian power exchange positive effect

Albania will soon have a power exchange, thus being one of the first countries in the region to have it. The steps that will be taken to set up this institution will be written down in a special bill that the government of Albania has now sent to Parliament. Meanwhile, the so called Albanian Power Exchange, which is an electronic ...

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Weather/The most vulnerable areas to flooding

Saturday is expected to have very intense rainfall in the southern part of the country at the Vjosa River Basin. According to Geosciences, the maximum precipitation exceeds 100 mm in 24 hours. This precipitation can cause flooding in the areas of land that flank the banks of large rivers, in addition to flooding of small rivers and urban floods depending ...

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Rama: Evacuation of the inhabitants in flood hazard areas

Prime Minister Edi Rama accompanied by Defense Minister Olta XhaA�ka, Agriculture Minister Niko Peleshi, Head of State Police Haki A�ako and Fier’s mayor Armando Subashi has been at the bridge of Mifoli in Fier, one of the severe flooded areas.Rama said that a further worsening of the situation is expected due to the bursting of Vjosa river banks. Mr Rama ...

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Flood situation deteriorates

Albania is under water. Yesterday was a very difficult night, but it seems that the worst is not over, while at least 315 people have been evacuated overnight. The situation has been worsened in the Municipality of Selenica. Vjosa river has burst its banks thus causing the inundation of vast areas. Vlora Emergency Headquarters is currently coordinating work with the ...

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State institutions on the highest alert over the emergency situation

The Civil Emergency and Crisis Coordination Committee close to the Prime Minister, undertook all the necessary measures that all state structures are in a state of high alert to cope with the situation created due to the heavy rainfalls that have hit Albania recently.The Civil Emergency and Crisis Coordination Committee at the level of the general secretaries of the ministries ...

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Bushati in Washington”Integration, a challenge for the Balkans region

The US and the EU consider it necessary to have a renewed policy to guarantee the Western Balkans’ progress in the Euro-Atlantic integration process, as according to them the prospect of this process is in jeopardy. This situation got the attention of a special conference in Washington, where over 100 regional decision-makers from both sides of the Atlantic expressed the ...

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Heavy rainfalls hammer Albania

Albania has been hammered by heavy rain thus bringing a tough situation in several regions, raising fears of widespread flooding. Tirane-Durres highway has become impassable. Most of the heavy rainfall occurred during overnight. Police have been forced to divert traffic to secondary roads, making an appeal to drivers to show utmost care. Many of the area’s businesses have been damaged ...

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Shkodra

ShkodraA�the largest city in the north of Albania (87,500 inhabitants, 2008 estimate), is located on the east side of Shkodra Lake, on the southern part of the Mbishkodra plain, between the rivers Drini and Buna.A�The city is one of the oldest in Albania and it is also an important cultural and economic center.it was the main centre of the Illyrian ...

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