Albania ranked among countries with lowest per capita income, IMF reports

Albania ranked among countries with lowest per capita income, IMF reports

TIRANA, Nov. 11 – The latest data presented by the International Monetary Fund (IMF) in its “October 2019 Global Economic Outlook”, showed that Albania’s expected per capita income was 5,732 dollars during 2019, ranking Albania the 102nd in the world

Read Full Article
Editorial: Little Schengen’ Project : A useless idea at the worst of times

Editorial: Little Schengen’ Project : A useless idea at the worst of times

TIRANA TIMES EDITORIAL The second meeting pertaining to the establishment of the so called ‘Western Balkans Schengen’ or as commonly referred mini-Schengen was convened last week in Ohrid with this time a slightly larger participation. Prime Ministers of North Macedonia

Read Full Article
Only the people of Kosovo can speak for Kosovo

Only the people of Kosovo can speak for Kosovo

By Harry Bajraktari* The President of Serbia and the Prime Ministers of Albania and North Macedonia are moving to unite their countries in some form of “Balkans’ Schengen”, which mimics the visa-free, open economic area that EU members enjoy. The

Read Full Article
President clashes with parliament on Constitutional Court establishment

President clashes with parliament on Constitutional Court establishment

TIRANA, Nov. 11 – The Albanian parliament voted on Monday two of the three members of the Constitutional Court the parliament itself is responsible for electing, clashing with President Ilir Meta who said the procedure violates the constitution.  Elsa Toska

Read Full Article
September marked by lowest level of non-performing loans in the decade

September marked by lowest level of non-performing loans in the decade

TIRANA, Nov. 8 – Non-performing loans hit a record low of 10.6 percent during September, according to the Bank of Albania. This is the lowest it has been since a decade ago, as September 2014 was met with a rapid

Read Full Article
Citizens clash with police at Astir area, leaving several injured

Citizens clash with police at Astir area, leaving several injured

TIRANA, Nov. 11 – Strong clashes were registered in the early morning hours in Tirana’s Astir area, where the Territorial Defense Inspectorate (IKMT) had planned the start of demolition of several buildings affected by the new Ring Road construction project. 

Read Full Article
Opposition leader accused of document forging, eased of money laundering charges

Opposition leader accused of document forging, eased of money laundering charges

TIRANA, Nov. 11 – Two prosecutors from the Tirana Prosecutor’s Office demanded on Friday the trial of Democratic Party leader Lulzim Basha, former Secretary General Arben Ristani and Ilir Dervishi, for “falsification of marks, stamps and forms.” At the same

Read Full Article
Prosecution issues arrest order for Vora Mayor

Prosecution issues arrest order for Vora Mayor

TIRANA, Nov. 11 – The Tirana prosecutor’s office announced today that it is looking for former Vora mayor Agim Kajmaku, who has been placed under jail arrest in connection with the ongoing investigation towards allegations he committed the criminal offenses

Read Full Article
Tirana and Pristina at odds as Kosovo remains excluded from ‘mini Schengen’

Tirana and Pristina at odds as Kosovo remains excluded from ‘mini Schengen’

TIRANA, Nov. 11 – A meeting of Western Balkan leaders was held in Ohrid on Sunday, a follow-up to the October 10 meeting held in Novi Sad for the creation of a Balkan ‘mini Schengen’ between Albania, Serbia and Northern

Read Full Article
IMF and SSA report higher debt amount than Ministry of Finance

IMF and SSA report higher debt amount than Ministry of Finance

TIRANA, Nov. 3 – In its recent World Economic Outlook report, the International Monetary Fund did not acknowledge the official government debt data reported by the Ministry of Finance and Economy in Albania. The IMF reported that the 2018 public

Read Full Article