American Chamber of Trade in Tirana held on December 4th a conference with the theme “Piracy in the economic sectors”, in which a panel of experts and representatives of businesses discussed about the …
Bank of Albania: Exports will play an importan role in the economic growth
An official announcement by the Bank of Albania declared that the increase of the Albanian economy by 2% during 2015, as predicted by the government, will be influenced by many external factors. The …
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INSTAT: Exports and imports of equipments and machinery increased in October
Albanian Institute of Statistics (INSTAT) published the latest report on exports and imports performance during October. Exports have increased by 4.2% during October, a significant increase compared …
Minimum wage level will increase in 2015
Minister of Social Welfare and Youth, Erion Veliaj attended the 5th Congress of the Albanian Confederate of Syndications on December 1st and spoke about several labor issues in country. At a press …
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Second tier banks should increase lending
The increase of outstanding loans has pulled back second tier banks from giving loans to the businesses or individuals. This has been noticed in recent years after the economic crisis of 2008 which …
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Bank of Albania decrease the basic interest rate at its lowest level, 2.25%
The Supervisory Board of Bank of Albania reviewed and approved the Monetary Policy Monthly Report during the meeting of the board members on November 26th. The members also decided to decrease the …
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New fiscal package and budget 2015 approved by the parliamentary Economy Commission
The parliamentary Economy Commission approved during their meeting the new fiscal package articles and the articles of draft budget 2015. The public investments will reach an amount of 5.4% of the …
Albania secures second 53 ml EUR tranche of IMF loan
The Albanian government has received a positive response by the IMF delegation, for the next tranche of loan, as announced by the head of delegation, Nadeem Ilahi. Albania and the IMF reached a …
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Klik Ekspo Group annual fair showcases international businesses in Tirana capital
“Klik Ekspo Group” annual fair held in Tirana on November 21, on its 21th edition. The president of Klik Ekspo Group association Luan Muhametaj launched the opening of the 2014 fair, as the biggest …
EBRD ranks Albania the first for the implementation of structural reforms
A latest report by European Bank for Reconstruction and Development ranked Albania the first among regional countries for the implementation of structural reforms during 2014. “Report of Transition …
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