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Cover Story
Business and Economy
Arts and Culture
Officials look to shore up central bank following governor’s arrest
Prosecutors arrested BoA Governor Ardian Fullani and the bank’s senior auditor, Elivar Golemi, on Sept. 5, charging them with abuse of office for alleged mismanagement in connection with the large theft from the bank’s reserves that was discovered in July.
Article Category: Cover Story
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Fast action needed on BoA governance
Albania’s executive and legislative branches must act quickly to select a new central bank governor, auditor and fill the vacant seats in the Bank of Albania supervisory council.
Albania eyes closer ties with China as major projects discussed
Gjirokastra folklore festival to make comeback in April 2015
Arts and Culture
Saimir Pirgu returns with lead role at London’s Royal Opera House
Arts and Culture
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Albania stuns Portugal in first Euro 2016 qualifier game
Red and Blacks start qualifying round with unexpected victory in Portugal, following a spectacular volley goal by Balaj and resistance to repeated attacks.
Business and Economy
IMF worried over low public investments
"It is clear that there is an under-execution of public investments. Failure to carry out investments could be a deterrent to economic growth,” says Nadeem Ilahi, the IMF mission chief to Albania.
Business and Economy
Economy heading toward moderate recovery
Both domestic consumption and private investments, the two key drivers of the Albanian economy, registered a significant recovery in the first seven months of this year, while lending returned to positive growth rates after a 12-month moderate decline of around 2 percent.
Business and Economy
Youth unemployment climbs to historic high of 34%
The unemployment rate for this category has increased by around 10 percent in the past couple of years rising from 23.6 percent in the first quarter of 2012 to 30.2 percent in early 2014 and 33.5 percent in the second quarter of 2014.
Is the economic climate improving?
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