Euro’s free fall, sharp hike in business closures hit Albania government revenue

Tirana Times
By Tirana Times December 10, 2018 12:50

Euro’s free fall, sharp hike in business closures hit Albania government revenue

Story Highlights

  • Europe’s single currency currently trades at a 10-year low of 123.87 lek, having lost about 7 percent compared late 2017, while the number of businesses temporarily closing down for this year until early December 2018 rose by a record 64.5 percent to around 14,000, at a rate of 41 businesses a day

Related Articles

By Ervin Lisaku TIRANA, Dec. 10 – The euro’s free fall and more business closures are hitting government revenue which continue underperforming even after a mid-year budget cut. Finance ministry

Tirana Times
By Tirana Times December 10, 2018 12:50