U.S. pledges $ 1 billion for Kosovo – Serbia railway project

U.S. pledges $ 1 billion for Kosovo – Serbia railway project

TIRANA, Sep 22 – The United States has pledged to invest 1 billion dollars for the implementation of the railway project between Kosovo and Serbia. On Monday, the U.S. signed an agreement with Kosovo, pledging to implement projects stemming from

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Japan donates Books to Faculty of Economy, University of Tirana

Japan donates Books to Faculty of Economy, University of Tirana

TIRANA, Sep. 17 – A small handover ceremony was organized in the premises of the Rectorate of the Tirana University on Thursday, in the framework of Nippon Foundation’s initiative “100 Books for Understanding Contemporary Japan”.  The Ambassador of Japan, H.E.

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Gov't under investigation for for Vjosa HPP project

Gov't under investigation for for Vjosa HPP project

TIRANA, Sep. 17 – The Energy Community Secretariat in Vienna has opened a dispute settlement procedure against Albania regarding the HPP Poçem project on the Vjosa river, after finding violations of EU regulations in the the tender process. In its official announcement

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Ambassador of Japan to Albania pays visit to Municipalities of Berat and Skrapar

Ambassador of Japan to Albania pays visit to Municipalities of Berat and Skrapar

TIRANA, Sep. 16 – Ambassador of Japan to Albania, H.E. Mr. ITO Makoto, paid an official visit to Skrapar and Berat, two of the beneficiary Municipalities of Japan’s Grant Scheme ‘Grant Assistance for Grassroots Human Security Projects’ (GGP).  Skrapar Municipality

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Corruption in Albania remains top concern for U.S. investors

Corruption in Albania remains top concern for U.S. investors

TIRANA, Sep. 10 – Foreign investors continue to perceive Albania as a difficult place to do business, according to the latest report by the U.S. Department of State. The report titled "2020 Investment Climate Statements" states that U.S. investors consider

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COVID-19: 1/3 of small businesses have shut down

COVID-19: 1/3 of small businesses have shut down

TIRANA, Sep. 1 – Nearly a third of small businesses in Albania have shut down for good as a result of the coronavirus. By the end of July, the pandemic shut down 32.4 thousand businesses, 98 percent of which were

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Japan donates 3D Laparoscopy System to the University Hospital of Obstetrics – Gynecology “Queen Geraldine”

Japan donates 3D Laparoscopy System to the University Hospital of Obstetrics – Gynecology “Queen Geraldine”

TIRANA, Aug. 28 – A 3D Laparoscopy System for gynecologic laparoscopic surgeries has been handed over to the University Hospital of Obstetrics-Gynecology “Queen Geraldine” in the framework of Japan’s Grant Scheme “Grant Assistance for Grassroots Human Security Projects” (GGP). It is the first time that a 3D Laparoscopic System is

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Albania: 1.6 billion illicit financial flows

Albania: 1.6 billion illicit financial flows

TIRANA, Aug. 27 – A significant portion of Illicit Financial Flows in Albania run on the illicit proceeds of corruption and drug trafficking, according to Global Initiative's latest report. The report highlights corruption as a widespread phenomenon in Albania, which

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Old-age dependency in Albania to deepen by 2050

Old-age dependency in Albania to deepen by 2050

TIRANA, Aug. 26 – The number older persons in Albaniais expected to make up a growing share of the population in the future. According to the latest 'World Population Ageing 2019' report by the United Nations, individuals over 65 years old will comprise

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Fiscal barriers, Albanian businesses investing abroad

Fiscal barriers, Albanian businesses investing abroad

TIRANA, Aug. 10 -More and more Albanian businesses are turning to the international market due to a number of fiscal barriers in the country. According to the Bank of Albania, investments abroad reached 1.3 billion euros in 2019, expanding by

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