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Bern Convention Urges Albanian Govt to Suspend HHP Projects on Vjosa
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Bern Convention Urges Albanian Govt to Suspend HHP Projects on Vjosa

TIRANA, December 11 This article was originally published by balkanriver.net under the headline: Rebuke for Albania: Bern Convention insists on the Albanian government to suspend hydropower projects on Vjosa river The Bern Convention Standing Committee has decided to keep the case against the Albanian government regarding the projected Pocem and Kalivac hydropower plants (HPP) on...

At €520mln, Remittances Reach Highest Level 10 Years
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At €520mln, Remittances Reach Highest Level 10 Years

TIRANA, December 11 Remittances sent home by Albanians from January – September 2019 hit the highest level in ten years. An estimated Euro 520 million was sent by migrants to their homes in Albania, a four percent increase from the same period of 2017 according to economists at the Bank of Albania (BoA). According to...

EBRD Mulls €60mln Loan on Albania Tourism-Enabling Infrastructure
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EBRD Mulls €60mln Loan on Albania Tourism-Enabling Infrastructure

TIRANA, December 11 The European Bank for Reconstruction and Development (EBRD) is considering providing a loan facility consisting of a sovereign loan of up to EUR 60 million to the government of Albania. The loan would finance tourism-enabling infrastructure sub-projects in Berat, Korca, Fier, and Shkodra and general municipal and transport infrastructure sub-projects across Albania....

Albania’s FDI Inflow Up 7.3% in Jan-Sep 2019
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Albania’s FDI Inflow Up 7.3% in Jan-Sep 2019

TIRANA, December 11 Foreign Investments remain high during January – September 2019 although the two main projects in the energy sector, TAP and Devolli HPP, are on their final stages, the Bank of Albania (BoA) confirmed. According to the statistics from the balance of payments for Jan – Sep 2019, Foreign Direct Investments (FDI) were...

Klos Town to Benefit from Albania-North Macedonia Tourism Project
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Klos Town to Benefit from Albania-North Macedonia Tourism Project

TIRANA, December 10 The Municipality of Klos, northern-central Albania, is one of the beneficiaries of an EU funded transboundary project between Albania and North Macedonia on discovering new tourist attractions. A cooperation agreement was signed between the municipalities of Klos and Demir Hisar. The projects aim at identifying new tourist attractions in both countries and...

OSCE Urges Further Amendments to Law on Audiovisual Media
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OSCE Urges Further Amendments to Law on Audiovisual Media

TIRANA, December 10 The Organization for Security and Cooperation in Europe, OSCE Representative on Freedom of the Media, Harlem Desir urged further amendments to the law On Audiovisual Media in Albania and the Law on Electronic Communications. Desir sent on Monday all the needed improvements to the Albanian authorities on the recent legal review, while...

Zana Startup Resident at Hubraum Tech Incubator
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Zana Startup Resident at Hubraum Tech Incubator

TIRANA, December 6 Zana Technologies team is now a resident at Hubraum Tech Incubator of Deutsche Telekom in Berlin. Zana, a common Albanian name that means fairy, is a conversational AI platform for health, developed and co-founded by Julia Hoxha and Armand Brahaj based in Karlsruhe, Germany. “They are an award-winning health startup, building an...

Austria Pledges €600,000 to Earthquake-Affected Families
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Austria Pledges €600,000 to Earthquake-Affected Families

TIRANA, December 6 In light of the earthquake of November 26th, Austria pledges Euro 600,000 to the reconstruction of damaged houses. The agreement was signed on Friday by the Austrian Development Agency (ADA) and the National Agency for Civil Protection. “The fund aims to improve the living conditions of families affected by the earthquakes of...

easyJet Launches Two New Routes to Tirana
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easyJet Launches Two New Routes to Tirana

TIRANA, December 6 British low-cost airline easyJet began a twice-weekly service to Tirana from Milan and Geneva. As previously announced in August, the airline started operation in the Albanian market on November 28th. The flights from Italy and Switzerland respectively: Milano-Tirana (from Malpensa Airport) and Geneva-Tirana (from Geneve Aeroport) will be twice a week, on...