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Albanian Government warns for possible global crisis impact in the country
Global crisis could affect Albania, says Ruli

In an interview for BBC, Mr Genc Ruli, Minister of Economics, said that the global crisis could affect Albanian exports, foreign investments flow in the country, and remittances from immigrants evaluated in the range of 1 billion US dollars per year.

Q: Mr Ruli, to what extent do you think Albania will be affected by the current crisis in the international capital markets?

Ruli: Of course, Albania is not isolated from the international market therefore there will be consequences. However, since we are not fully integrated in the regional and global markets will be affected only to a certain degree regarding possible changes in foreign trade.

Q: Is there one sector of the Albanian economy directly affected by the global crisis?

Ruli: Our exports will be affected, considering that 90% of our exports are oriented toward EU countries and any decrease in growth and consumer demand in EU could reflect with a decrease in our exports.
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