Editorial: US report on Albania economic climate should serve as a wake up call

Editorial: US report on Albania economic climate should serve as a wake up call

TIRANA TIMES EDITORIAL If Albania’s government was looking for good news on the economic front, this wasn’t a good week. Despite much touted official numbers showing steady economic growth and lower unemployment, a US report out this week shows what

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Kukes remain sole Albania club at European competition

Kukes remain sole Albania club at European competition

TIRANA, Aug. 2 – Kukes is the sole remaining Albanian club to continue the European competition dream, but will now have to fight in the qualifying rounds of the less prestigious Europa League after being knocked out of the Champions

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Famous Albanian tenor Gaqo Cako passes away at 83

Famous Albanian tenor Gaqo Cako passes away at 83

TIRANA, Aug. 2 – Tenor, historic figure of Albanian opera music and Nation’s Honor Gaqo Cako passed away on Wednesday at the age of 83 in Tirana, where he lived with his wife, the artist Luiza Cako. Çako was born

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Second biggest recreational park announced by Tirana Municipality

Second biggest recreational park announced by Tirana Municipality

TIRANA, Aug. 1 – A new recreational park for all ages will be added to Tirana’s Great Lake area. The Municipality of Tirana, with the financial support of TIKA and the Agency for Parks and Recreation, started work on a

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Albanian-American pianist supports efforts to uncover communism’s crimes

Albanian-American pianist supports efforts to uncover communism’s crimes

TIRANA, Aug. 2 – The well-known Albanian-American musician Elida Dakoli visited Tirana this week not only to give a piano concert, but also express her desire to help in the efforts to uncover the crimes of the Albanian Communist dictatorship.

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Gov’t revenue miss target by €60 mln in year’s first half

Gov’t revenue miss target by €60 mln in year’s first half

TIRANA, Aug. 2 – Albania’s government revenue missed the year’s first half target by a considerable amount, triggering a mid-year budget cut that was also influenced by a sharp strengthening of the Albanian lek against Europe’s single currency trading at

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Albania’s central bank to continue euro purchase operations

Albania’s central bank to continue euro purchase operations

TIRANA, Aug. 2 – Albania’s central bank says it will continue its euro purchase operations from the local currency exchange market in a bid to curb any further strengthening of the Albanian lek against Europe’s single currency following a series

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Societe Generale withdraws from Albania

Societe Generale withdraws from Albania

TIRANA, Aug. 2 – The Albania subsidiary of France’s Societe Generale has changed hands part of a deal the France-based lender has concluded to sell its Bulgarian unit to Hungary’s OTP Bank. The takeover was initially announced by Reuters news

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Albania selects joint lead managers for upcoming €500 Eurobond

Albania selects joint lead managers for upcoming €500 Eurobond

TIRANA, Aug. 2 – American, Italian and French financial institutions have been selected to manage Albania’s upcoming Eurobond in the next few months when the Albanian government plans to raise up to €500 million in international capital markets. The finance

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High Court, Tirana’s prosecution lose two more judges under vetting process

High Court, Tirana’s prosecution lose two more judges under vetting process

TIRANA, Aug. 1 – In three consecutive sessions, different bodies of the Independent Qualification Commission issued the decisions to oust High Court judge Artan Broci and current Tirana Prosecutor Dritan Rreshka, while the other High Court member Medi Bici was

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