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The EU Opens Accession Negotiations with Albania and North Macedonia
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The EU Opens Accession Negotiations with Albania and North Macedonia

TIRANA, July 19 Today, Tuesday 19 will go down in the history of Albania’s path towards its membership in the European Union. The EU held the long-awaited first intergovernmental conferences with Albania and North Macedonia, as Skopje, finally solved its dispute with Bulgaria. The conference follows March’s 2020 decision of the Council of the EU...

Albania moves to Legalize Medical, Industrial Cannabis Cultivation
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Albania moves to Legalize Medical, Industrial Cannabis Cultivation

TIRANA, July 1 A minimum of Lek 1 billion (approx. Euro 840 million) and a surface area of cultivation of cannabis no less than five hectares, will be among the main requirements to obtain a cultivation license in Albania. The newest proposed bill on ‘The control of cannabis and its products cultivation and processing for...

How does Tirana Compare Globally for Expat Cost of Living
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How does Tirana Compare Globally for Expat Cost of Living

TIRANA, June 29 Cheaper than Nairobi and more expensive than Budapest, Albanian capital Tirana ranked 161st in the HR company Mercer’s 2022 Cost of Living survey. The publication reveals the most and least expensive cities for international employees, ex-pats, digital nomads, and anyone who gets paid while traveling around the world. In the list that...

Albania to Tax Cryptocurrency Gains Starting 2023
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Albania to Tax Cryptocurrency Gains Starting 2023

TIRANA, June 24 Albania is considering a move to tax gains on cryptocurrency transactions and mining starting January 2023. The latest tax bill on income, which is now available for public consultation, plans the taxation of cryptocurrency. The bill also provides an official definition of the ‘virtual asset’ and mining concepts. Even though a law...

Italy Drops all COVID-19 Entry Rules
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Italy Drops all COVID-19 Entry Rules

TIRANA, June 1 All Albanian and international citizens traveling to Italy will no longer be required to present proof of vaccination, testing, or recovery starting, Wednesday, June 1st. Italy dropped all entry rules for international travelers, the Albanian Ministry for Europe and Foreign Affairs (MEFA). This means that now travelers can enter the neighboring country...

EU Commission Cuts Albania’s GDP Growth Forecast to 2.7%
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EU Commission Cuts Albania’s GDP Growth Forecast to 2.7%

TIRANA, May 17 The European Commission has slashed Albania’s GDP forecast for 2022 to 2.7 percent from 3.7 percent predicted earlier, citing the impact of Russia’s invasion of Ukraine. The European Commission lowered its growth estimate for Albania for 2022 by a full percentage point. The outlook highlights that the normalization of growth was dampened...

Call for Grants for Startups and Facilitators Now Open
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Call for Grants for Startups and Facilitators Now Open

TIRANA, May 16 People who have a small business or startup idea and startup facilitators can now apply for financial support from Albanian authorities. An official call launched by the Minister of State for the Protection of Entrepreneurship is now open. All those interested can apply for grants starting May 16th until June 5th. Firstly,...

Greece Drops all COVID-19 Entry Requirements
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Greece Drops all COVID-19 Entry Requirements

TIRANA, May 5 Albanian and international citizens who travel to Greece are no longer required to present proof of vaccination, recovery, or a negative COVID-19 test. The neighbor country decided to lift entry requirements for all travelers starting May 1st, the Albanian Ministry for Europe and Foreign Affairs confirmed on Tuesday. Still, the Ministry highlights...

Albania Drops COVID-19 Travel Rules and Music Ban
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Albania Drops COVID-19 Travel Rules and Music Ban

TIRANA, April 26 Albania is lifting COVID-19 entry restrictions for travelers as well as music bans for nightclubs and dance venues, as the new summer season approaches. The Technical Committee of Experts announced on Tuesday that Albania will drop the rules starting May 1st. Thus, travelers entering Albania as of May 1st will not need...