Underperforming revenue, stronger national currency trigger mid-year budget cut

Underperforming revenue, stronger national currency trigger mid-year budget cut

TIRANA, July 27 – Underperforming revenue in the first half of this year has forced the Albanian government to undertake a mid-year budget cut in what has become a common practice to handle overoptimistic expectations when drafting budgets over the

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Editorial: Back to the future: The return of borders and migrants

Editorial: Back to the future: The return of borders and migrants

Increasingly, when it comes to borders, Europe appears to be going back to the future. A decade after most countries under the EU banner shed barriers dividing them to allow the free movement of people and goods within the bloc,

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Albanian lek stabilizes against Europe’s single currency

Albanian lek stabilizes against Europe’s single currency

TIRANA, July 26 – Albania’s national currency has finally stabilized against Europe’s single currency in the past one and a half months following unprecedented strengthening trend that risked posing a key threat to the country’s highly euroised economy. The euro

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Albania remains one of Europe’s hardest-hit by modern slavery, report shows

Albania remains one of Europe’s hardest-hit by modern slavery, report shows

TIRANA, July 26 – Albania is one of the top five Europe and Central Asia countries when it comes to people trapped in modern slavery affecting its population. The findings are unveiled in the 2018 Global Slavery Index measuring modern

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Opposition worried over Albania’s failure to make it to U.S. investment climate report

Opposition worried over Albania’s failure to make it to U.S. investment climate report

TIRANA, July 25 – Albania’s main opposition Democratic Party has blamed what it calls a hostile business climate for the country’s failure to make it in the annual investment climate statements published by the U.S. Department of State although the

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Experts quote degradation as reason behind National Library’s floods and fire

Experts quote degradation as reason behind National Library’s floods and fire

TIRANA, July 26 – The Construction Institute made the technical assessment of the National Library building, as it was flooded by heavy rainfall last month and burned, about a year ago. According to the report, last month’s floods happened due

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Steam locomotive installation in honor of Tirana’s future, first-ever electric train

Steam locomotive installation in honor of Tirana’s future, first-ever electric train

TIRANA, July 26 – A symbolic installation of a steam locomotive was placed this week where Tirana’s old train station is, soon to be replaced with the first electric train going from the capital to Durres. Mayor of Tirana Erion

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Environmentalists want Albania’s sole Balkan lynx sanctuary a protected area

Environmentalists want Albania’s sole Balkan lynx sanctuary a protected area

TIRANA, July 25 – Albanian environmentalists want a northeastern mountain region that is the country’s sole sanctuary of the critically endangered Balkan lynx to be declared a protected area. Local environmental watchdog the Protection and Preservation of Natural Environment in

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Soprano Ermonela Jaho to perform Thaϊs next to Placido Domingo in Spain

Soprano Ermonela Jaho to perform Thaϊs next to Placido Domingo in Spain

TIRANA, July 25 – Renowned Albanian soprano Ermonela Jaho will appear next to internationally famous tenor Placido Domingo in Spain’s Madrid to perform the lyrical comedic opera ‘Thaϊs’. On Thursday, July 26, Jaho and Domingo will get on the Teatro

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International ‘Jazz in Albania’ festival returns to Tirana, Fier

International ‘Jazz in Albania’ festival returns to Tirana, Fier

TIRANA, July 25 – The seventh international Jazz in Albania festival returned this week in the capital and in Fier with jazz bands coming from Europe and the US. Lasting for one week, from July 24 to July 28, the

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