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Tirana book fair kicks off with more than a hundred publishers

Tirana book fair kicks off with more than a hundred publishers

TIRANA, Nov. 12 – More than a hundred publishers from Albania, Kosovo, Macedonia, Montenegro and the Albanian Diaspora are participating in the 18th edition of the Tirana Book Fair, the largest event bringing together Albanian publishers who have expressed rising

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Albanian painter awarded Louvre medal for Mother Teresa portrait

Albanian painter awarded Louvre medal for Mother Teresa portrait

TIRANA, Nov. 11 – Italy-based Albanian painter Gjergj Kola has been awarded the Gold Medal of Artists Across Continents by the famous Louvre Museum in Paris for his portrait of Mother Teresa, the late Nobel Peace Prize winner famous nun

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Cruise ship tourism registers boost in Durres Port

Cruise ship tourism registers boost in Durres Port

TIRANA, Nov. 12 – More than 8,000 tourists visited Albania last summer in cruise and sailing ships arriving at Durres Port, up 44 percent compared to summer 2014, making the country's biggest port as an emerging destination for cruise tourism.

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New York film week announces winners

New York film week announces winners

TIRANA, Nov. 12 – Bota, a feature film directed by Albania’s Iris Elezi and Thomas Logoreci has been announced the winner of the fourth edition of the Albanian Film Week in New York. Bota, which has also been recently selected

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Tirana to host first int’l watercolour festival

Tirana to host first int’l watercolour festival

TIRANA, Nov. 12 – More than 160 artists from all over the world will come together in Albania in the inaugural international watercolor festival that Tirana is hosting. Helidon Haliti, 47, a veteran painter who has represented Albania at dozens

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Albania borrows €450 mln in new 5-year Eurobond

Albania borrows €450 mln in new 5-year Eurobond

TIRANA, Nov. 9 – Albania managed to secure €450 million in a new five-year Eurobond at a coupon rate of 5.75 percent, down from 7.5 percent in its inaugural €300 million Eurobond. The issue of the new Eurobond came on

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Vienna Institute upgrades Albania’s growth outlook on FDI prospects,  campaign against shadow economy

Vienna Institute upgrades Albania’s growth outlook on FDI prospects, campaign against shadow economy

TIRANA, Nov. 12 – The Vienna Institute for International Economic Studies has upgraded Albania's economic outlook for the next couple of years on an expected boost in foreign direct investment and positive impacts from what it calls a "rigorous campaign

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Lek unexpectedly strengthens against euro, loses ground against dollar

Lek unexpectedly strengthens against euro, loses ground against dollar

TIRANA, Nov. 10 – In an unusual situation for this period, the Albanian national currency, lek, has slightly strengthened against the euro and lost ground to the U.S. dollar as Europe's single currency hit a six-month low against the dollar

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European Commission revises down Albania’s growth forecast

European Commission revises down Albania’s growth forecast

TIRANA, Nov. 9 – The European Commission has downgraded Albania's economic outlook for the next couple of years on uncertainties related to the government's reform plans and the economic situation in neighbouring Greece. In its new Autumn forecast on European

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Food and non-alcoholic beverage prices hit 29-month high

Food and non-alcoholic beverage prices hit 29-month high

TIRANA, Nov. 10 – Annual inflation rate slightly dropped to 2.1 percent last October on a moderate decline in 'garment and footwear' and rental prices and a slowdown in education service prices with the beginning of the new academic year.

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