Euro’s free fall, energy uncertainties could hit Albania’s poorly diversified exports

Tirana Times
By Tirana Times December 4, 2018 18:23

Euro’s free fall, energy uncertainties could hit Albania’s poorly diversified exports

Story Highlights

  • Export growth prospects for next year are less optimistic as Brent crude oil prices have embarked on a downward trend since early October 2018 and currently stand at an almost year-low in a blow for the country’s major oil industry where investment and production have been picking up following a standstill in 2016 and 2017 as prices hit a decade-low

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TIRANA, Dec. 4 – Albania’s exports are heading for double-digit growth rates for the second consecutive year, but uncertainties about euro’s free fall against the local currency, a hydro-dependent electricity

Tirana Times
By Tirana Times December 4, 2018 18:23