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AmCham Calls for Tax Relief for Businesses and Tourism Sector
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AmCham Calls for Tax Relief for Businesses and Tourism Sector

TIRANA, March 17 COVID-19 also referred to as the “novel coronavirus,” has already had a major local impact among citizens and businesses in Albania. The American Chamber of Commerce in Albania (AmCham) urged the Government of Albania to develop an emergency plan in support of the business community to prevent a deep economic crisis from...

EBRD Okays New Country Strategy for Albania
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EBRD Okays New Country Strategy for Albania

TIRANA, February 18 The new country strategy on Albania 2020-2025 adopted by the European Bank for Reconstruction and Development (EBRD) will focus on speeding up convergence to the European Union (EU) income levels. According to EBRD, Albania must increase productivity and shift its growth model from consumption to investments and exports. These are crucial measures...

Tourism Revenue Hit Record-High in Q3
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Tourism Revenue Hit Record-High in Q3

TIRANA, December 13 Albania’s tourism industry surged to Euro 782 million in the third quarter (Q3) of 2019, the Bank of Albania (BoA) confirmed on its balance of payments report. Further on, the statistics confirm a record-high in revenues for the January-September period at Euro 1.64 billion. The number of tourists visiting Albania increased significantly...

“9 Reasons Why You Should Visit Albania”
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“9 Reasons Why You Should Visit Albania”

TIRANA, May 17 Anita Hendrieka, is a renown blogger from New Zealand who has traveled across the world, her blogs have been featured in many international magazines such as Huffington Post and Canadian Traveler Magazine, visiting recently even the Balkans, including Albania. In her blog about Albania, she counts the reasons why she finds the...

Boboshtica, the ‘Forgotten’ Village of Korca
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Boboshtica, the ‘Forgotten’ Village of Korca

TIRANA, May 15 Boboshtica (or Boboshtice in Albanian) is a village in Korca county, in the south-east of Albania. Boboshtica is known for its amazing nature with fresh air and water, diverse bushy plants, centuries-old fruit trees, oak and coniferous trees, and many medicinal plants. Small houses made of stone with particular architecture, churches, bridges,...

Tourism Contributed €1.8 billion in 2018
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Tourism Contributed €1.8 billion in 2018

TIRANA, March 29 The tourism sector contributed to the Albanian economy a gross total of Euro1.8 billion in 2018. Official data from the Bank of Albania (BoA) confirm that tourism was among the most dynamic sector of the economy and it’s growing at a steady pace. Moreover, the year-over-year comparison showed a growth of nine...

Hiking Trails in Albania where to Escape the Crowds
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Hiking Trails in Albania where to Escape the Crowds

TIRANA, March 19 Active Traveler, a website that guides adventure seekers and outdoor enthusiasts to the next active vacations shares a story about hiking trips in Albania. The article Escape the crowds: Hiking in Albania suggests locations in the southern and northern parts of the country. Reading Suggestion: Hiking in Albania and Walking Holidays The...

First Hiking Trail Inaugurated in Mirdita Region
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First Hiking Trail Inaugurated in Mirdita Region

TIRANA, October 9 Mirdita region is switching from copper to tourism and not has its first marked hiking route. The seven km long trail was inaugurated on Tuesday in Rubiku area. This is a joint initiative of Mirdita Municipality and Albania – Austria Partnership Marianne Graf and it is part of the local strategy on...

Energy, Tourism, Agriculture & BPO Catch Foreign Investors
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Energy, Tourism, Agriculture & BPO Catch Foreign Investors

TIRANA, October 1 Potential foreign investors that require for information by the Albanian Investment Development Agency (AIDA), are interested in a wide range of sectors such as energy, tourism, manufacturing, agriculture, and Business Process Outsourcing (BPO). Representatives of the institution said for the Albanian Telegraphic Agency (ATA) that Albania is an attractive and growing market...