Mayors Association asks blocked Constitutional Court to interpret local elections

Mayors Association asks blocked Constitutional Court to interpret local elections

TIRANA, July 19 – The Albanian Mayors Association sent to the Constitutional Court the request to interpret the legitimacy of the June 30th elections. The association’s speaker, Mayor of Shkodra Voltana Ademi, submitted the request on Thursday hoping this will

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Opposition denounces over-300 million euro road concessions

Opposition denounces over-300 million euro road concessions

TIRANA, July 19 – The opposition’s resigned Democratic Party denounced on Thursday the approval by the socialist majority of two Milot-Balldren and Orikum-Dukat concessions, worth 328 million euros in total. Former DP MP Albana Vokshi, in a press release from the

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Editorial: The prevailing chaos dragging the future underneath

Editorial: The prevailing chaos dragging the future underneath

TIRANA TIMES EDITORIAL    Under the scorching sun and the fooling disguise of life going on, the chaotic political, economic and social situation in Albania is deteriorating. There is a complete, deep and absurd disarray in the institutional interplay of

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Tirana, Durres courts reject elections

Tirana, Durres courts reject elections

TIRANA, July 18 – The Durrës court refused on Wednesday to certify the mandate of the Durrës mayor elected in the June 30 local elections. Judge Mimoza Margjeka called the Socialist candidate’s mandate irregular, because of the Democratic Conviction’s illegal

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Albania is in danger!

Albania is in danger!

By Prof. Sami Repishti* Today, Albania is in danger! Facing a self-inflicted conflict originating by the excessive partisanship of the two major political parties, Albania is calling: Please, help us before we destroy our own country! We should answer: YES!

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Albanian businesses are not innovative

Albanian businesses are not innovative

TIRANA, July 18- According to a Balkan Business Survey report for 2018, direct advertising and communication with customers through modern channels – Facebook, YouTube or InstaGram is becoming increasingly important, while more traditional means of communication and marketing via email

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Tax Agency lacks 30 million euros

Tax Agency lacks 30 million euros

TIRANA, July 17- Revenues collected from taxes, customs, social insurance and others, in the first six months of the year were 225.5 billion lek (1.8 billion euros), according to fiscal statistics published by the Ministry of Finance. Compared with the

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World Bank foresees massive emigration by 2050

World Bank foresees massive emigration by 2050

TIRANA, July 17- A recent World Bank prediction shows that for 2017-2022 the net emigration, which is the difference between the departed and returned, will be 40 thousand persons less. The Bank predicts that net emigration will continue to decrease

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Barriers in the private pensions fund

Barriers in the private pensions fund

Brunilda Haxhimihali who is Director of the Legal & Compliance Department at Raiffeisen Invest, identified the level of economic and social development in our country as a factor that has hindered the development of the private pension funds. According to

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Private pensions to be obligatory

Private pensions to be obligatory

TIRANA, July 16- The pension scheme changed completely in 2015. Only minor adjustments affecting specific groups or procedures were made since then, however the Assembly has requested the Financial Supervisory Authority (FSA) to oversee a change in the law to

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