Albania loses ground in global economic freedom index

Story Highlights

• "Albania continues on a path of gradual economic recovery, confronting challenging external conditions, but more reform is needed to ensure the growth of economic freedom and encourage vibrant economic development," according to a report published by Heritage Foundation, one of the top think tanks in the U.S.

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TIRANA, Feb. 15 – Albania lost six places to rank 65th among 180 world economies in the 2017 Index of Economic Freedom, maintaining its rating as a moderately free economy,