TIRANA, Dec. 24 – The Albanian government failed to sell around 15 million euros this week in a debut auction of two-year Euro-denominated bonds. The Finance Ministry had announced it intended to sell 40 million euros in two-year Euro-denominated bonds
Prime Minister Edi Rama described the 2014 budget and fiscal package as “a big turning point to a new beginning and course.” TIRANA, Dec. 24 – After a marathon debate this week, the new Socialist Party-led government has approved in
TIRANA, Dec. 24 – Twenty-five company administrators will be tried on charges of a VAT fraud scheme estimated to have caused the state budget a damage of 2.5 million euros, according to a decision taken by the prosecutor’s office in
Paid claims during the first eleven months of 2013 dropped by 2.5 percent to 2.4 billion lek (Euro 16.8 million). TIRANA, Dec. 24 – Albania’s insurance market slightly recovered in November 2013 when the shrink for the first eleven months
Imports of machinery, equipment and spare parts, an indicator also measuring business investments dropped by 9 percent to 81 billion lek (Euro 567 million), unveiling the poor confidence of the business community for new investments as the economy struggles with
Power prices during the past six years have increased by 63 percent climbing from an average of 5.71 kWh in 2005 to 9.53 lek kWh currently TIRANA, Dec. 24 – Albania’s energy regulator, ERE, has ruled power prices will remain
TIRANA, Dec. 26 – The Albanian national currency, lek, has gained a slight advantage against both the Euro and the US dollar in the past few days, which experts say is a result of inflows of remittances during the year-end
Tirana Times takes a look at the main events that shaped Albanian economy in 2013, from the revocation of CEZ’s license in early January and to the most recent debate and the expected shift toward progressive taxation. January CEZ’s licence
TIRANA, Dec. 25 – “Aesthetic doily.” This is how Tirana-based artist Ledia Kostandini has named her solo exhibition treating aesthetic centres which are turning into an obsession for women. “Ledia treats things full of energy and intensity, sometimes with sincere
Tirana Times has the pleasure to offer an artistic review of the main events that graced the Albanian world in 2013 January Record 1.7 million people visit Skanderbeg’s arms After a special display of 45 days and drawing a record
