Author Archives: english

Ahmetaj: Public debt sees drop in the first three months

The public debt of our country, according to the latest European Commission report for candidate and potentially candidate countries, including Albania, has decreased. Minister of Finance and Economy, Arben Ahmetaj referring to this report responded to the accusations of the opposition in the parliament which said that the public debt has increased. “Public debt has dropped year-on-year and is going ...

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Transparency International chair acclaims the justice reforms in Albania

Minister of Justice Etilda Gjonaj, attended the Open Government Partnership (OPG) Summit in Tbilisi, Georgia.  She had a meeting with Delia Matilde Ferreira Rubio, the chair of Transparency International. Ms.Rubio acclaimed the justice reform and the mechanisms used to fight corruption in the Albanian justice system. “Albanian government initiatives at the political level to address corruption issues include those of ...

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Ruçi praises the messages delivered by President of Croatia Kolinda Grabar-Kitarovic

Parliament Speaker Gramoz Ruçi praised today the relations between Albania and Croatia and the cooperation between the two countries as excellent. On behalf of the political forces, members of the parliament and the Albanian citizens, the head of the Assembly Ruçi expressed gratitude to President of Croatia Kolinda Grabar-Kitarovic. He stated that the visit of the Croat’s President is a reconfirmation of ...

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Croatia’s President confirms Croatia’s support for Albania on the road to EU integration

Croatia’s President, Kolinda Grabar-Kitarovic, delivered a speech to the Albanian Parliament. Kitarovic stated that Albania was a friend of Croatia when the friends were few. Kitarovic underscored that Croatia will never forget what Albanians did for her country. “Many Albanians fought for Croatia and sacrificed their lives. Believe me, Croatia does not forget that. You were our friends when our ...

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Karavasta Lagoon

It is the biggest lagoon in Albania and of the entire coast of Adriatic Sea, having an area of 4330 ha, length 10,6 km, width 4.3 km and depth up to 1.5 m. It is divided from the sea through a wide sand band, covered with dense forest, near which there is a very big beach. On the southern and ...

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Avramopoulos: Kosovo has met the conditions for visa liberalization

The EU Commissioner for Migration, Home Affairs and Citizenship, Dimitris Avramopoulos has declared today that Kosovo has delivered all the conditions for the liberalisation of visas. “After many years and months of hard work, the Commission now confirms that Kosovo has delivered all the criteria for the liberalisation of visas. We now encourage the Council and European Parliament to advance ...

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Meta awards “National Flag Order” to Croatian President Kitarovic

At a solemn ceremony held in the Palace of Brigades, the President of the Republic, Ilir Meta, awarded “The National Flag Order” to Croatia’s President, Kolinda Grabar-Kitarovic. The assessment was made with the motivation “For the valuable contribution to the overall intensification of relations between the Republic of Albania and the Republic of Croatia; for the further strengthening of the centuries-old ...

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Euro’s depreciation reflects its effects on exports

Albanian manufacturers have long complained about the damages that the depreciation of the euro has had on Made in Albania products. Now we’re finally seeing signs that this has really been the case. So, the latest figures supplied by the country’s agency for statistics INSTAT concerning exports, show that they have seen a significant increase during the month of June ...

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57 mln Euro from energy export, the highest record through 2018

The Albanian Power Corporation has published the first 2018-month period of economic, financial and operational indicators. This period has broken the record of gains due to heavy rainfalls. 57.1 million Euros come from energy export or 48.8 million Euros more than 2017. The net operating profit for the period January-June 2018 turns out to be 6,199,243,000 ALL. Intensive precipitation during ...

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Governor of Albanian Central Bank meets with IMF officials

Governor of the Bank of Albania, Gent Sejko has held a meeting with representatives of the International Monetary Fund as part of the continuous process of exchanging opinions and cross-institutional dialogue. The governor said that macro-economic environment in Albania is sustainable and that it offers the necessary conditions for a positive economic growth. He also told IMF officials that the ...

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