Tag: foreign investmens

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Minister of Economy: Reforms are helping us in improving the business climate
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Minister of Economy: Reforms are helping us in improving the business climate

The attraction of foreign investments in Albania by easing policies was the main point of Minister of Economic Development statement at a joint conference of regional countries Ministers of Economy, held in Tirana on February 9th. The Minister mentioned the reforms undertaken by the government in the past year, underlining the reform in energy, pension’s...

Economic diplomacy, a new strategy to attract Cyprus investors
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Economic diplomacy, a new strategy to attract Cyprus investors

Albanian Ministers of Foreign Affairs Ditmir Bushati and Energy Damian Gjiknuri headed the Albanian delegation in an official visit to the Republic of Cyprus on January 31, with the aim to enhance economic diplomacy between countries. The Albanian delegation held meetings with the President of Cyprus, Nikos Anastasiades, Chamber of Representatives’ president Janakis Omiru, Cyprus...

PM Rama promises a new business climate for foreign investors
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PM Rama promises a new business climate for foreign investors

Prime Minister Edi Rama attended a ceremony organized by Foreign Investors Association in Albania, by declaring that “the government is no more deaf towards businesses claims”, and although the year we left behind was very difficult for country’s economy, the government was more reliable than past years. “The year we left behind was a difficult...

Bank of Albania: Remittances increased by 2% in the third quarter of 2014
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Bank of Albania: Remittances increased by 2% in the third quarter of 2014

Bank of Albania issued a latest report on the performance of remittances during the third quarter of 2014, by declaring that remittances increased by 2%, compared to the same period of a year before.  Remittances have increased to 156 ml EUR only during the third quarter but for the period of January-September 2014, the amount...

Bank of Albania: 590.6 ml EUR FDI in Albania for 2014
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Bank of Albania: 590.6 ml EUR FDI in Albania for 2014

Bank of Albania has published a recent report on the amount of money foreign companies invested in Albania during the January-September 2014 period. According to report figures, foreign companies invested about 590.6 ml EUR. This amount is lower than investments from FDIs in the previous year, with 117 ml EUR investments less than 2013. Economy...

Albania-Morocco sign important agreements to cut double taxation and boost investments
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Albania-Morocco sign important agreements to cut double taxation and boost investments

Albanian Assembly Speaker Ilir Meta, had an official visit in Morocco, on October 31th, hosted by Morocco Minister of Foreign Affairs, Salaheddine Mezouar. During the official meeting between the two high officials, the most important topic discussed was the finalization of three ongoing agreements that will enhance Albania-Morocco collaboration. The three agreements aim to facilitate...

Confindustria upholds VAT cut for machinery and equipment
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Confindustria upholds VAT cut for machinery and equipment

Industry representatives in Albania have upholded the decision of the Parliamentary Committee of Economy for the cut of VAT for machineries and equipments, a decision taken based on the draft projects presented by Ministry of Finances. According to Confindustria, the placement of VAT for machineries that are used in the production process, would be a...

Prime Minister Rama in Berlin: Albania deserves the candidate status
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Prime Minister Rama in Berlin: Albania deserves the candidate status

Prime Minister of Albania, Edi Rama had a visit in Berlin, Germany, invited by “Friedrich Ebert” foundation. During this visit he declared that Albania has already fulfilled all the requests made by European Union and that Albania now deserves to win the candidate status. He added that candidate status is like an “antidepressive pill” for...