Foreign direct investments reach their end in 2019

Foreign direct investments reach their end in 2019

TIRANA, June 12- Foreign investments in our country amounted to 286 million euros in the first quarter of this year, marking a slight increase of 2 percent compared to the same period last year, according to the statistics of the

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Economic growth does not affect inflation

Economic growth does not affect inflation

TIRANA, June 12- As unemployment has continued to decline in the first quarter of 2019, marking the 12.1 percent, the highest income for Albanian households is not helping consumption. According to data from the Albanian Institute of Statistics (INSTAT), the

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Unemployment further drops

Unemployment further drops

TIRANA, June 12- The unemployment level has marked another decline in the first quarter of the year, reaching record minimal levels, both for men and women. A positive note was an increase in employment among youth. The official unemployment rate

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Italian media urge investments in Albania

Italian media urge investments in Albania

TIRANA, June 12- Vanity Fair Italy wrote an article recently about prospective investments abroad for Italian entrepreneurs where it listed Albania in one of the three best places to conduct business with. “Would you like to open an activity abroad?

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Government increases the Gross External Debt

Government increases the Gross External Debt

TIRANA, June 11- External debt of the Albanian economy as a whole continued to grow in the first quarter of 2019 due a government’s borrowing. The Bank of Albania recently reported that Albania’s Gross External Debt (GED) amounted to 8.411

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13 member states ask EU to open accession negotiations for Albania, North Macedonia

13 member states ask EU to open accession negotiations for Albania, North Macedonia

TIRANA, June 11 – A number of EU member states’ Foreign Ministers issued an announcement on Tuesday calling upon the members of the European Council to take a decision to open accession negotiations with Albania and North Macedonia in June

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Disfavorable business climate for foreign investors

Disfavorable business climate for foreign investors

TIRANA, June 11- The Foreign Investors Association in Albania (FIAA) has introduced during a presentation the results of the Business Environment Survey 2019, developed with its members which are the most important enterprises in the country, such as banks, companies

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Health tourism increases

Health tourism increases

TIRANA, June 10- In 2016 there was a boom in dental tourism from foreigners as Albania provided at least half the cost of their countries’ dental clinics. This practice still follows, however this year Albania is experiencing a rising trend

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Number of Albanian asylum seekers rises, as political crisis deteriorates

Number of Albanian asylum seekers rises, as political crisis deteriorates

TIRANA, June 11 – The number of new asylum seekers in the European Union has increased considerably in the first months of 2019, the DPA news agency reported on Tuesday. At the same time, the number of asylum applications has

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Eurostat releases residence permits statistics for Albanians

Eurostat releases residence permits statistics for Albanians

TIRANA, June 12- Almost a third of the Albanian population has chosen to live and work in one of the EU states. The European Union Statistical Office, Eurostat, published data on valid residence permits of non-European citizens, categorizing them according

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