TIRANA, March 28, 2024 – Money sent home by Albanians working abroad saw a significant increase in 2023, reaching the highest historical level since 2008, according to the latest data reported by Albania’s central bank. Remittances were almost 930 million
TIRANA, March 16, 2024 – U.S.-based company Affinity Partners, led by Jared Kushner, the influential son-in-law of former President Donald Trump, aims to undertake two major tourism projects in Albania, along with another in Belgrade, with a combined value that
By JERINA ZALOSHNJA-RAKIPI ROME, Feb. 7, 2024 – After years of negotiations, Albania and Italy have signed a long-awaited deal on recognizing each other’s social insurance contributions, which will benefit more than 500,000 Albanian residents in Italy and any Italians
TIRANA, Feb. 6, 2024 – In an lengthy television interview from exile in Switzerland, Albania’s former deputy prime minister, Arben Ahmetaj, has made startling accusations of massive corruption at the top of the country’s ruling Socialist Party, involving misuse of
TIRANA, Jan. 31, 2024 – A recent report by the European Bank for Reconstruction and Development (EBRD) has highlighted a stark contrast in the perception of quality of life between Albania and other countries in Southeast Europe and the Western
TIRANA, Jan. 24, 2024 – Europe’s largest airline, low-cost Irish carrier Ryanair, is doubling down in Albania with six new direct destinations to complement its existing 16 and the announcing of plans to open a base in Tirana as early
TIRANA, Jan. 24, 2024 – The Albanian government has had to pump millions of euros to keep afloat Albcontrol, the state-owned company responsible for air navigation services in Albanian airspace, as its foreign accounts have been frozen by the order
TIRANA, Jan. 14, 2024 – A potential deepening demographic crisis due to the increased emigration of young people is one of the top economic risks Albania faces, according to the head of the European Bank for Development in Albania EBRD’s
TIRANA, Dec. 14, 2023 – Reflecting renewed emigration, remittances to Albania during 2022 saw a significant increase, reaching the highest levels of the past decade, data released by Eurostat this week reveals. According to Eurostat, remittances exceeded €1.2 billion in
TIRANA, Nov. 15, 2023 – The European Union and the German Federal Ministry for Economic Cooperation and Development (BMZ) are investing €14.6 million on a project aimed at improving waste management in Albania. The “EU for Circular Economy and Circular
