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Key Findings of the EC Report on Albania’s Economy
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Key Findings of the EC Report on Albania’s Economy

TIRANA, May 29 The country reports for the six Western Balkan countries and Turkey were published on Wednesday by the European Commission. Here are the findings on the economic and business situation in Albania. Full report below. According to the report, the business environment has improved only in some aspects. Progress in the implementation of...

How much will Tobacco Excise Rate Increase in 4 Years?
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How much will Tobacco Excise Rate Increase in 4 Years?

TIRANA, April 24 Tobacco excise rate it is expected to increase by 11percent by 2021. This is one of the conditions that Albania has to meet in the frame of the EU integration. Based on the report that Albania submitted to the European Commission, the current excise rate per 1,000 cigars is Euro 44. The...

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...

Albania Urged to Implement New Innovation Strategy in 2017
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Albania Urged to Implement New Innovation Strategy in 2017

TIRANA, January 9 European authorities say that Albania, Bosnia and Herzegovina and Kosovo are the only countries in the region still in early stages regarding scientific and research developments. Meanwhile, Macedonia, Serbia and Montenegro made significant progress. The European Commission drafted several clear requests that should be taken into consideration during 2017. More concretely. Albania...