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Ambassador Zingraf: Germany on Albania's side in times of crisis

  • 2/11/2021 9:10 AM
Ambassador Zingraf: Germany on Albania's side in times of crisis

"Germany in times of crisis stands firmly on the side of Albania", that is the statement issued by the Ambassador of Germany, Peter Zingraf during the presentation of the survey of the German Association of Industry and Trade in Albania (DIHA) with a focus on entrepreneurship.

A turbulent economic climate affected by the Covid-19 pandemic last year and steady expectations for next tax year: This is the result of a survey of DIHA member enterprises, which the latter presented today during a virtual event .

In the presence of DIHA President Stephanie Sieg, Minister of Finance and Economy Anila Denaj, Minister of State Eduard Shalsi as well as member organizations of DIHA and other international organizations, Ambassador Zingraf stressed that Germany stands firm in times of crisis next to Albania.

But he drew attention to the fact that the pandemic is not the only one responsible for these lost expectations.

German Ambassador Peter Zingraf said that “although the trade volume between Germany and Albania has increased in recent years and important reform steps have been taken on the path to EU integration, much of the potential remains untapped. German and foreign companies continue to often express their skepticism about the business environment in Albania. They ask if they can find enough legal certainty and transparency here. And I agree: Despite many efforts, there is a need to take further steps in order to improve the investment climate and the country's economic development to move forward. Legal security and transparency are crucial here. The continuation of justice and administration reform continues to be crucial for democracy, the economy and European integration. In this way, Albania can continue to have confidence in Germany's support ".

/Klara Ruci/