LGBT people, one of Albania’s most victimized in access to justice

LGBT people, one of Albania’s most victimized in access to justice

TIRANA, Nov. 30 – Lack of protection by the police and the justice system as a whole from systemic and widespread violence is one of the most pressing issues facing the gay community in Albania, considered one of Europe’s homophobic

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State budget to lose €2 mln as energy drinks stripped of excise duty

State budget to lose €2 mln as energy drinks stripped of excise duty

TIRANA, Nov. 30 – Ruling Socialist Party MPs have voted to lift the excise duty on energy drinks in a move that strips the state budget of about €2 million in annual income in apparent successful lobbying by importing companies.

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Tahiri’s four years as interior minister under investigation

Tahiri’s four years as interior minister under investigation

TIRANA, Nov. 30 – Albania’s former Interior Minister Saimir Tahiri’s period at the helm of the ministry will get a renewed audit by serious crimes prosecutors investigating his alleged ties to cannabis trafficking, officials said this week. The move comes

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Greek police stop cannabis-transporting Albanian speedboat

Greek police stop cannabis-transporting Albanian speedboat

TIRANA, Nov. 26 – Greek Coast Guard officers successfully completed an operation Saturday, seizing a speedboat transporting almost 2 tons of cannabis originating from Albania’s southern coast. Two Albanians and one Italian that were on the speedboat were arrested after

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National currency strengthening against EUR/USD brings mixed effects

National currency strengthening against EUR/USD brings mixed effects

TIRANA, Nov. 29 – Albania’s national currency has gained ground both against Europe’s single currency and the U.S. dollar over the past year, with mixed effects on the Albanian economy which suffers high euroisation rates. After hitting an 8-year low

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First Albanian private-run stock exchange getting ready to offer new investment, financing alternatives

First Albanian private-run stock exchange getting ready to offer new investment, financing alternatives

TIRANA, Nov. 29 – The Albanian Securities Exchange is on track to launch its operations in the next few weeks as the country’s first privately-owned stock exchange serving as a new investment and financing alternative to both local companies and

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Regional economies need up to six decades to catch up with average EU income, report shows

Regional economies need up to six decades to catch up with average EU income, report shows

TIRANA, Nov. 29 – Catching up with the average EU income could take Albania and other EU aspirant Western Balkan economies about six decades unless current sluggish GDP growth doubles to 5 or 6 percent, the World Bank has warned

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Drought triggered electricity imports cost Albania €200 mln for 2017

Drought triggered electricity imports cost Albania €200 mln for 2017

TIRANA, Nov. 28 – State-run OSHEE electricity operator contracted electricity worth about €33.4 million for December 2017 in costly imports for the seventh month in a row as the country continues to face one of its worst electricity crises triggered

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Albania-Kosovo step up customs union project as trade gains momentum

Albania-Kosovo step up customs union project as trade gains momentum

TIRANA, Nov. 28 – Albania and Kosovo are on track to finalizing their customs union through the establishment of a Kosovo customs operations office at Durres Port, the Albanian and Kosovo Prime Ministers announced during the fourth joint government meeting

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Albania mobile market reduced to three operators after Plus sale

Albania mobile market reduced to three operators after Plus sale

TIRANA, Nov. 27 – Ongoing financial straits and failure to meet investment requirements and keep up with its competitors led Plus Communication, the sole Albanian-owned mobile operator, to sell its operations to the country’s two largest mobile operators, the competition

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