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European Parliament Supports Albania's Visa Liberalization
TIRANA, June 24 - The Foreign Affairs Committee of the European Parliament says Yes to the visa liberalization process for Albania (also after it fulfills the remaining added three benchmarks) in its meeting Wednesday.

“Albania has made progress on reform, but must do more to curb corruption,” said a statement from the parliament after its Foreign Affairs Committee approved two resolutions, one on Albania and the other on Kosovo, on these countries' EU membership prospects.

It added, “Provided the Copenhagen EU eligibility criteria are met, Parliament should back the eventual EU membership of all Western Balkan countries.” Both resolutions are to be put to a plenary vote in July.

The statement continues to say that “MEPs acknowledge Albania's progress on reform, but stress the need for further substantial efforts to consolidate democracy and the rule of law and foster the country's sustainable development, including a reform of the judicial system and the fight against corruption, which "is still a prevailing problem", says a resolution drafted by Nikolaos Chountis.
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Business and Economy
Albania poorest in Europe, Eurostat report
TIRANA, June 22 - Albania ranks last in Europe for its per capita GDP performance with only 27 percent of EU average despite being one of the few countries which did not suffer a recession last year, according to the latest Eurostat data. Albania ranked last in the 37-country lists behind Montenegro, Serbia and Bosnia and Herzegovina which scored, 43, 37 and 30 percent of the EU27 average GDP per inhabitant expressed in purchasing power standards, an artificial reference currency unit that eliminates price level differences between countries.
News
Media organizations condemn Top Channel fine
TIRANA, June 23 – International media organizations have condemned a court decision against an Albanian television station. The judge in the case ruled that Top Channel must pay 400,000 euros for a video showing a former government minister allegedly sexually harassing a woman looking for a job. Last week, the Tirana court found Top Channel TV station liable for damages because the video, showing former Culture Minister Ylli Pango at his home asking a woman to strip to see whether she would do for the job, was obtained illegally.
Business and Economy
C-bank to adopt new policy for lower interest rates
TIRANA, June 21 - Central bank governor Ardian Fullani has announced the need to undertake a new policy that would lower loan interest rates offered by commercial banks following failure to achieve this by lowering the key interest rate. Speaking in a forum with heads of commercial banks this week, the governor said the "central bank is expected to undertake an important step on the market to make interest rates applied by central banks as realistic as possible.”
News
OSCE and EU cooperation seen as crucial for regional stability
SARAJEVO, June 21 - Cooperation and partnership between the OSCE and the EU are crucial for stability in South-Eastern Europe, said participants in an OSCE annual regional meeting that started in Sarajevo Monday. The two-day meeting hosted by Vienna-based OSCE Secretariat's Conflict Prevention Centre, in co-operation with the OSCE Mission to Bosnia and Herzegovina brings together heads of the organizations
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Number 117
15/06/2007
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