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Foreign Visitors to Albania Hit Record High in 2017
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Foreign Visitors to Albania Hit Record High in 2017

TIRANA, January 24 The number of international arrivals in Albania increased 8.1 percent year-over-year to 5.1 million in December 2017, the Albanian Institute of Statistics (INSTAT) reported on Tuesday. Almost half of the visitors traveled to Albania for tourism and leisure purposes. Tourists came mostly from Kosovo. Even though over 1.7 million Kosovan citizens visited...

Albanian and Kosovan Producers Seek Economic Unification
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Albanian and Kosovan Producers Seek Economic Unification

TIRANA, January 12 Albanian, Kosovan, and Macedonian producers call for concrete steps by the respective governments regarding economic unification. Even though the countries of the region are looking forward to a Western Balkans common market, economic barriers are still present in the region. Countries like Albania, Kosovo, and Macedonia need to take measures in order...

Albania Slipped 7 Places in WB’s Ease of Doing Business Index 2018
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Albania Slipped 7 Places in WB’s Ease of Doing Business Index 2018

TIRANA, November 1 Albania slipped seven places on the World Bank’s ease of Doing Business Index and now ranks 65th among 190 economies. This index is one of the most important documents that provides foreign investors with indicators and objective measures about 190 economies. Albania in 2017 index ranked 58th and it made a historic...

Balkan Barometer 2017, Albania Neither Good Nor Bad
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Balkan Barometer 2017, Albania Neither Good Nor Bad

TIRANA, October 10 Albania has neither the best nor the worst performance among the Balkan countries regarding the Public Sentiment Index (BPSI). Yet it is the only country that made no improvement. This was stated in the Balkan Barometer 2017 by the Regional Cooperation Council (RCC). The Balkan Barometer is an annual public opinion survey...

Albanian Agriculture Has the Lowest Budgetary Expenditures in the Region
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Albanian Agriculture Has the Lowest Budgetary Expenditures in the Region

TIRANA, September 21 Albania’s agriculture sector is currently contributing 20percent to the country’s Gross Domestic Product (GDP) and about 44percent of the labor force in Albania works in this sector. Despite the above-mentioned, the country receives the lowest support from the state budget compared to the other countries of the region, Monitor magazine says. This...

Western Balkans Draft Joint Plan on Foreign Investments
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Western Balkans Draft Joint Plan on Foreign Investments

TIRANA, September 7 Albania and the five other countries of the Western Balkans, Bosnia and Herzegovina, Kosovo, Macedonia, Montenegro, and Serbia have completed the draft on investment cooperation. This is an initiative launched in the frame of the joint plan on regional integration. According to the Regional Cooperation Council, the investment draft includes: A specified...

Kosovo and Albania Discuss Elimination of Trade Barriers
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Kosovo and Albania Discuss Elimination of Trade Barriers

TIRANA, July 24 Representatives of the Albanian and Kosovan governments discussed the elimination of trade barriers. Kosovan deputy Minister of Finances Agim Krasniqi and the Minister of Industry Hykmete Bajrami expected in an official meeting with Albanian Deputy Minister of Finances Irena Beqiraj. They focused on bilateral cooperation between both countries, especially in the economic...

Where do Most of Albania’s Tourists Come from?
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Where do Most of Albania’s Tourists Come from?

TIRANA, June 20 Albania is being promoted by international media as the next best tourist destination. All the articles and posts about Albania besides the tourism potential also highlights the quality-price ratio. Official data from the Institute of Statistics (INSTAT) confirmed that the number of tourists from the European and worldwide target market has increased....

International Tourist Arrivals Up 13.4% in January-April 2017
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International Tourist Arrivals Up 13.4% in January-April 2017

TIRANA, May 22 Tourist influx increased by 13.4 percent during the first four months of 2017. The Institute of Statistics (INSTAT) confirmed in a recent report that the number of international citizens coming to Albania during January-April period reached 961,000. Meanwhile, the figure for the same period of the previous year was 848,000 arrivals. According...

Butrint Mussel Farmers Eye European Market
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Butrint Mussel Farmers Eye European Market

TIRANA, April 12 Mussel cultivators in Butrint Lake in southern Albania are looking for the xport market in the European Union countries. The Butrint mussel is also recognized as the queen of the lake. Mussel growers that supply the domestic market aim at expanding beyond Albania. Recently, the Albanian Ministry of Economy discussed the opportunity...