TIRANA, December 27 Eight ministers, members of the governmental cabinet, were dismissed from office on Friday during the National Assembly of the Socialist Party. Prime Minister Edi Rama announced …
Minimum Wage, Albania among Lowest-Paying Countries in Europe
TIRANA, December 28 Despite the decision of Albanian authorities for increasing the minimum wage from Lek 24,000 to Lek 26,000 per month starting January 1st, Albania still ranks among the European …
Continue Reading about Minimum Wage, Albania among Lowest-Paying Countries in Europe →
Visitors Flock to Korca for End of Year Festivities
TIRANA, December 27 Korca as a hub of culture, art, and tradition is a year-round destination in Albania. Yet the city has its peak season during winter, and especially during the end of year …
Continue Reading about Visitors Flock to Korca for End of Year Festivities →
Albania to Raise Minimum Wage to Lek 26,000
TIRANA, December 27 Starting January 1st, the minimum wage in Albania will be adjusted to Lek 26,000 per month and to Lek 149 per hour, the Council of Ministers decided on its latest …
Continue Reading about Albania to Raise Minimum Wage to Lek 26,000 →
Here’s How much it Costs to Mine One Bitcoin in Albania
TIRANA, December 26 In early November, the Guardian reported that the amount of energy required to “mine” one dollar’s worth of bitcoin was more than twice that required to mine the same value of …
Continue Reading about Here’s How much it Costs to Mine One Bitcoin in Albania →
Four Decisions on Tuition Fee Cuts and Financial Support Adopted
TIRANA, December 26 Four decisions related to the demands raised by the Albanian students during their protests were adopted on Wednesday by the Council of Ministers. Following a special meeting of …
Continue Reading about Four Decisions on Tuition Fee Cuts and Financial Support Adopted →
How to Exchange Damaged Banknotes in Albania?
TIRANA, December 26 It has happened to each of us at least once to get stuck with damaged, soiled, or torn banknotes that no one accepts. Instead of hoping that you can pass it to someone else …
Continue Reading about How to Exchange Damaged Banknotes in Albania? →
Albania’s Energy Sector Attracted most FDI inflow in Q3
TIRANA, December 26 The highest amount of Foreign Direct Investment (FDI) inflow during the third quarter (Q3) of 2018 came from companies investing in the energy and power sector. According to the …
Continue Reading about Albania’s Energy Sector Attracted most FDI inflow in Q3 →
Kastrati Withdraws Bid for Kuksi Airport, New Consortium Submits EUR 7.9 mln Offer
TIRANA, December 24 The procurement procedure Public-Private-Partnership (PPP) for Kuksi Airport entered the bid assessment stage. The bid submission deadline was on December 20th. According to the …
Albania Received Most EU FDI Inflow in 2017 Compared to Region
TIRANA, December 21 The Foreign Direct Investment (FDI) inflow to Albania from the European Union (EU), by the end of 2017 was Euro 5.45 billion, Eurostat confirmed. The volume of FDI inflow from …
Continue Reading about Albania Received Most EU FDI Inflow in 2017 Compared to Region →