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BoA Cuts Key Rate to Record Low to Curb COVID-19 Hit
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BoA Cuts Key Rate to Record Low to Curb COVID-19 Hit

TIRANA, March 25 The bank of Albania (BoA) has cut its key rate to a record-low of 0.5 percent from 1.0 percent in a bid to alleviate the economic impact from the new coronavirus pandemic, BoA’s Governor Gent Sejko said on Wednesday. Sejko said that precautionary measures taken by public and private authorities to halt...

Tourism Trends 2014-2018, Who Stayed and Spent More
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Tourism Trends 2014-2018, Who Stayed and Spent More

TIRANA, April 24 Tourism in Albania is a growing trend and power for the country in recent decades, especially since the 1990s, generating millions of Euros each year, and where thousands of people are employed. A recent report made public by the National Institute of Statistics (INSTAT) in collaboration with Bank of Albania (BOA) gives...