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Inflation At Record Hike, 4.4%
TIRANA, March 8 – The annual inflation rate in Albania in February 2010 reached a record 4.4 percent, exceeding the Bank of Albania limit by 0.4 percent. The Institute of Statistics (INSTAT) said on Monday the Consumer Price Index (CPI) registered a 1.1 percent increase last February compared to the previous month mainly because of higher food and non-alcoholic drink prices and more expensive electrical energy since January. The index group of “food and non-alcoholic beverages" marked the highest increase of 2.4 percent with an impact of 0.9 percent in the total monthly difference. The biggest increase in this group was observed in the “vegetables including potatoes" group which grew by 13.2 percent. Leek prices increased by 40.8 percent and that of tomatoes by 30.0 percent, said INSTAT.

Meanwhile, fruit prices rose by 1.3 percent with lemon prices increasing by 15.7 percent.
Article Category: Business and Economy
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The good news from Brussels
A bus full of Macedonian and Serb citizens left Brussels for the Balkans this week. The passengers, mainly ethnic Albanians from northern Macedonia and southern Serbia, were voluntarily going home after finding out they were conned into traveling to Belgium. They had heard they would get free housing, a free monthly allowance and jobs -- all they had to do is ask for asylum.
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News
End of political crisis? Hardly so...
TIRANA, March 10 – What is the country's politics doing on solving the political crisis? Whatever they are doing, for the moment one may clearly say they have agreed, compromised or done nothing. The two main political groupings - governing Democratic Party of Prime Minister Sali Berisha and main opposition Socialist Party of Tirana Mayor Edi Rama - are discussing in parliamentary commissions on how and what to investigate about the June 28 parliamentary election.
Business and Economy
Remaining Public Assets to be privatized, 100 million Euros expected in 2010
TIRANA, March 6 - The Albanian government is determined to privatize almost all remaining state-owned assets, hoping to collect 100 million euros within this year in an effort to improve the country's crisis-hit public finances. The government’s intention was reconfirmed last weekend by the Economy, Trade and Energy Minister, Dritan Prifti, a few days after Prime Minister Sali Berisha had announced that 2010 would be the privatization year.
Business and Economy
IMF Skeptical about Albania’s Fiscal Amnesty Reform
TIRANA, March 08 - The International Monetary Fund (IMF) is skeptical about the fiscal amnesty reform the Albanian government has undertaken, local media reported after a meeting held behind closed doors last Monday between an IMF mission headed by Gerwin Bell and members of the parliamentary Economy Committee. The IMF is reported to have been in principle against the fiscal amnesty because of violating the competition principles and affecting tax evasion,
Editorial
Albania and Kosova - The Centrality Of Economics
Perhaps less so than in Prishtina, but nevertheless enthusiastically, Tirana celebrated the second anniversary of Kosovo's independence. In these two years, Tirana and Prishtina have been on a quest to establish bilateral relations as two independent states. There seems to have really emerged an ironic case of two very neighborly neighboring countries, at peace with each other, no dispute between them, yet two neighborly neighbors that do not have an easy time establishing relations and cooperating.
Newspaper
Number 117
15/06/2007
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