Tag: Western Balkans

Home Western Balkans
Albanian Agriculture Has the Lowest Budgetary Expenditures in the Region
Post

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
Post

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...

Trieste Summit: Italian Business to Size Up Investment Opportunities in Albania
Post

Trieste Summit: Italian Business to Size Up Investment Opportunities in Albania

TIRANA, July 11 Mechanic, chemical, pharmaceutical, and the medical industry, agribusiness, footwear and garment manufacturing, construction, infrastructure, and tourism are some of the sectors that attracted the attention of Italian enterprises. This was confirmed by the chair of the Italian Trade Agency (ICE) in Tirana, Elisa Scelsa. She added that these sectors provide integration into...

Albania’s Economy will Grow Faster in 2017, IMF Says
Post

Albania’s Economy will Grow Faster in 2017, IMF Says

TIRANA, November 14 The International Monetary Fund (IMF) confirmed that after a few years of economic growth below the region’s average, Albania’s economy will grow at a solid pace. This was confirmed by the Regional Economic Issues report, recently unveiled by IMF. According to this report, the country’s economy is expected to grow by 3.7...