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Kosovo's Independence Ruled Lawful
TIRANA, July 22 – Official Tirana on Thursday hailed the United Nations' highest court verdict that Kosovo's declaration of independence from Serbia did not break international law.

The nonbinding opinion, passed by a 10-4 majority of the court's judges, set the stage for a renewed push by Kosovo for further international recognition of its independence.

A statement of the Foreign Ministry said that “Deputy Prime Minister and Foreign Minister Ilir Meta beleives that the Court's opinion at the same time opens the way to speedin up of the recognition process of the indipendent and sovereign state of Kosovo toward full membership with all the rights into the United Nations in a near future.”

International Court of Justice President Hisashi Owada said international law contains no "prohibition on declarations of independence" and therefore Kosovo's declaration "did not violate general international law."

Kosovo sparked sharp debate worldwide when it seceded from Serbia in 2008, following a bloody 1998-99 war with Serbia and nearly a decade of international administration.
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Opinion
Governing coalition cracks
TIRANA, July 19 – The government coalition is based on the link between the ruling Democratic Party of Prime Minister Sali Berisha and the leftist Socialist Movement for Integration, or LSI, of Deputy Prime Minister and Foreign Minister Ilir Meta. That was the big surprise after the elections in 2009 showing the cracks of the leftist coalition that turned more into a friction between Meta and the main opposition Socialist Party leader, Edi Rama.
News
Albanians deserve better elections, says Withers
TIRANA, July 20 – U.S. Ambassador John L. Withers on Monday spoke about the political crisis, saying Albanians should not be seen as second-hand voters. He said last year's parliamentary elections, despite improvements, were still below international standards. Albanians have no reason why they should be pleased with the level of the polls, he said. The Albanian people deserve that their vote is counted correctly and they have
Business and Economy
Unemployment continues rising in 2010
TIRANA, July 16 - Unemployment rate in Albania continued rising even in the first three months of 2010, despite the positive GDP growth of 2 percent registered in the first quarter of this year. The latest data published by the Institute of Statistics (INSTAT) showed unemployed increased to 13.83 percent during the first quarter of 2010, up from 12.68 percent during the same period last year and 13.75 in the last quarter of 2009.
Business and Economy
Banking system faced liquidity, bad loan problems in 2009
TIRANA, July 19 - The Albanian banking system faced severe difficulty with liquidity needs and credit quality last year, an annual supervisory report issued by the central bank showed this week. However, liquidity in the banking system has continued to improve this year, driven by deposit inflows. Following the IMF-EU program with Greece, Greek-owned banks, which had earlier seen some deposit withdrawals, are now also part of
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Number 117
15/06/2007
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