Category: Market and Trade

EU Countries among Albania’s Top Trading Partners

EU Countries among Albania’s Top Trading Partners

TIRANA, September 17 Albania’s trade exchange with the European Union countries during the month of August account for 61.4 percent of the total foreign trade, the Institute of Statistics, INSTAT confirmed on its latest report. Based on the official data, the value of exports increased...

BoA: Housing Price Index Remains Stable in Q2

BoA: Housing Price Index Remains Stable in Q2

TIRANA, September 10 The housing price index didn’t reflect an important change in nominal terms during the second quarter of 2018, the Bank of Albania (BoA) confirmed in the recent report on economic indicators. According to BoA, in real terms, the housing price index marked...

Total Investments in Economy Increased by 5.4% in Q1

Total Investments in Economy Increased by 5.4% in Q1

TIRANA, September 10 The progress of total investments in the Albanian economy reflected a positive trend during the first quarter Q1 of the year as the rate rose by 5.4 percent. This is closer to the historic average of the last two years, the Bank...

20 Most-in-Demand Jobs in Albania

20 Most-in-Demand Jobs in Albania

TIRANA, August 20 A recent survey conducted by the United Nations Development Program (UNDP) and the Albanian Institute of Statistics (INSTAT) helps to identify the country’s most dynamic employment landscapes. Currently, the most-in-demand jobs are call center operators, tailors and other specialists in the apparel...

Albania’s Exports Grew 18% in First Half of 2018

Albania’s Exports Grew 18% in First Half of 2018

TIRANA, July 18 Albania’s exports are continuing a double-digit export growth that helps to reduce the negative effects of the weak Euro against the Albanian Lek. The Institute of Statistics (INSTAT) confirmed that during the first six months of 2018, Albanian companies exported nearly Lek...

AFSA Warns Investors on Six Red Flags of ICO Scams

AFSA Warns Investors on Six Red Flags of ICO Scams

TIRANA, July 3 The Albanian Financial Supervisory Authority (AFSA) warns investors on the risk of possible ISOs, Initial Coin Offering, that are used to fund scams. AFSA highlighted in its latest press release that investors have to be careful due to the fact that ICOs...

Turkish Lira Decline Favors Albanian Importers

Turkish Lira Decline Favors Albanian Importers

TIRANA, May 28 While the Turkish economy is at risk as the national currency Lira hit a record low, Albanian importers are taking advantage of the situation. Last Wednesday, Turkey’s currency hit historic lows, bringing losses to more than 20 percent against the Dollar. Turkey...