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Edelweiss to Launch Zurich – Tirana Direct Flights in April 2019

Edelweiss to Launch Zurich – Tirana Direct Flights in April 2019

TIRANA, July 6 Starting in April 2019 Albanians living in Switzerland, Swiss tourists and investors will have the opportunity to reach Tirana from Zurich in less than two hours. Swiss leisure airline Edelweiss Air announced that it will launch a direct route Zurich – Tirana...

Top Countries with Largest Share of FDI Inflow to Albania

Top Countries with Largest Share of FDI Inflow to Albania

TIRANA, June 25 Greece counts for the highest foreign direct investment (FDI) stock in Albania. According to the official statistics provided by the Bank of Albania (BoA) on FDI stock, Greek companies in Albania have invested mostly in telecommunications and in the banking sector. Greek...

Adventure Tourism, Explore Albania by Bike

Adventure Tourism, Explore Albania by Bike

Mountain biking is the ultimate way for exploring the unknown Albania, to get to new places and live life at a different pace and adventure tourism plays a key role on supporting local communities to further develop their sustainable community tourism models. Tobi Gessler from...

Albania Improves on WEF’s Global Competitiveness Rankings

Albania Improves on WEF’s Global Competitiveness Rankings

TIRANA, September Albania is the most competitive country in the region based on the fact that it ranks at number 75 in the Global Competitiveness Report 2017-2018 of 137 countries issued by the World Economic Forum (WEF). This year, Albania improved by five places and...

Albania’s GDP per Capita Lowest in Europe, Eurostat Says

Albania’s GDP per Capita Lowest in Europe, Eurostat Says

TIRANA, June 14 The low levels of economic indicators per capita and the material welfare of households make Albania one of the poorest economies in Europe. Eurostat figures released on Tuesday concerning the level of Gross Domestic Product (GDP) and actual individual consumption (AIC) confirmed...

Swiss and Austrian govts Give €3mln Grant for Regional Development

Swiss and Austrian govts Give €3mln Grant for Regional Development

TIRANA, May 18 The Swiss and Austrian development agencies are working together with the Albanian Ministry of Urban Development in order to support a joint project on regional development in Albania. They allocated a fund of Euro 3 million for areas away from urban centers....

Albania, the Cheapest Country for Investments in Europe

Albania, the Cheapest Country for Investments in Europe

TIRANA, December 14 Albania has the lowest price levels for investments in Europe. According to the data provided by EUROSTAT, the cost of investments in Albania is about 55percent of the average cost in the European Union countries. The cost is calculated based on the...