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European Commission: Albania’s Economy Lacks in Technology and Innovation
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European Commission: Albania’s Economy Lacks in Technology and Innovation

TIRANA, July 19 “Albania has made some progress in terms of energy, transport and digital infrastructure development, but lack of productive know-how, low education levels and technology transfers hinder Albania’s competitiveness and integration into international value chains”. That is what the European Commission says about Albania’s economy on its latest report, published on Thursday, July...

Albania’s Economic Growth Set to Continue at a Solid Pace, EC Says
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Albania’s Economic Growth Set to Continue at a Solid Pace, EC Says

TIRANA, November 9 The European Commission revised its forecast for Albania’s GDP growth from 3.6 percent to 4.1 percent in the ‘Autumn 2018 Economic Forecast’. “Economic growth is expected to remain solid, driven mainly by private consumption. It is, however, forecast to soften in 2019 as electricity production is unlikely to continue at the exceptional...

Key Findings of the 2018 Report on Albania’s Economy
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Key Findings of the 2018 Report on Albania’s Economy

TIRANA, April 18 “Albania has made some progress and is moderately prepared in developing a functioning market economy,” the EC country report says for the Albanian economy. The European Commission published the country reports for the six Western Balkan countries and Turkey where among others it highlights the situation of economic criteria. The report says...

Albania Recommended to Start EU Membership Talks
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Albania Recommended to Start EU Membership Talks

TIRANA, April 17 Today is a good day for Albania and as the country along with Macedonia got the recommendation from the European Commission to start accession talks to join the European Union. High Representative of the European Union for Foreign Affairs and Security Policy Federica Mogherini and European Commissioner for European Neighbourhood Policy and...

EC Expected to Recommend Opening of Accession Talks with Albania
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EC Expected to Recommend Opening of Accession Talks with Albania

TIRANA, April 16 The European Commission is expected to recommend the start of accessions recommendations for Albania and Macedonia. In light of progress achieved, the European Commission recommends that accession negotiations be opened with Albania”, the commission is to say in its yearly enlargement report, due out on Tuesday (17 April), according to a draft...

Albania Expects EU Accession, Rule of Law Key Factor for the Balkans 
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Albania Expects EU Accession, Rule of Law Key Factor for the Balkans 

TIRANA, March 27 The National Council on European Union Integration discussed on Monday the European Commission guideline for the Western Balkans. Albanian Minister of Europe and Foreign Affairs Ditmir Bushati said that Albania awaits the opening of negotiations with the European Union in April. He highlighted that the Albanian authorities hope that the European Commission...

EC Confirms Albania’s 2017 Economic Growth Projections by 3.5%
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EC Confirms Albania’s 2017 Economic Growth Projections by 3.5%

TIRANA, February 15 The European Commission (EC) says that the economic situation in Albania is gradually improving. Therefore, it raised its projections for Albania’s GDP growth for 2018 to 3.6 percent. It is driven by consumption expenditure and private investments. It is expected that monetary policies, improvements to the labour market, and foreign direct investments...

Albania Asks EC to Interfere on 400kV Power Grid with Kosovo
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Albania Asks EC to Interfere on 400kV Power Grid with Kosovo

TIRANA, February 10 Albania asked the intervention of the European Commission regarding the 400kV interconnection grid between Albania and Kosovo, which is being blocked by Serbia. The request was made by Minister of Energy and Industry Damian Gjiknuri to European Commissioner Johannes Hahn during the sixth Ministerial meeting of the Western Balkan Platform that was...

Albania Made Improvements but More are needed for EU Accession
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Albania Made Improvements but More are needed for EU Accession

TIRANA, December 14 Albania is moderately prepared in developing a functioning market economy. This was said in the report on progress toward meeting the economic criteria for EU accession, issued by the European Commission. Several issues such as macroeconomic stability, the interplay of market forces, market entry and exit, the legal system, employment, human and...

Albania Report 2016: Country Has Weak Waste Management Capacities
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Albania Report 2016: Country Has Weak Waste Management Capacities

TIRANA, November 16 Albania 2016 Report issued by the European Commission among other issues was not positive regarding waste management. It says that dumping and disposal of waste still don’t comply with environmental protection standards. In other words, this means that Albania doesn’t have the necessary capacity for managing domestic waste and law enforcement mechanisms....