VAT refunds, reference prices remain top barriers for businesses, survey shows

VAT refunds, reference prices remain top barriers for businesses, survey shows

TIRANA, Dec. 13 – VAT refunds, ongoing reference prices at customs points and relations with the tax administration are some of the key concerns businesses face in Albania, according to a recent survey conducted by Albania Investment Council, an advisory

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FDI slightly contracts, tourism revenue recovers

FDI slightly contracts, tourism revenue recovers

TIRANA, Dec. 15 – Foreign direct investment slightly contracted in the first three quarters of this year as the slump in commodity prices and the sale of the country’s key oil producer almost paralyzed investment in key oil and mining

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Flood-affected businesses furious over authorities’ indifference as they incur losses of €10 mln

Flood-affected businesses furious over authorities’ indifference as they incur losses of €10 mln

TIRANA, Dec. 12 – Dozens of businesses situated in the industrial area just outside the capital city along the Tirana-Durres highway have condemned indifference by central and local government authorities following the huge losses they incurred from the Nov. 8

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Thousands of jobs at risk as Albania fails to lobby Italy in time over call center bill

Thousands of jobs at risk as Albania fails to lobby Italy in time over call center bill

By Ervin Lisaku TIRANA, Dec. 7 – Thousands of jobs in the booming call center industry in Albania are at risk after the Italian Parliament approved some changes making the supply of services from non-EU countries such as Albania tighter.

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Legal changes prevent use of taxpayer money in case of bank collapse

Legal changes prevent use of taxpayer money in case of bank collapse

TIRANA, Dec. 6 – Albania’s central bank has proposed some new legal changes aimed at protecting the country’s financial system and minimizing the need to use taxpayer money in case of a possible bank collapse in Albania, despite the overwhelmingly

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Unfair public administration dismissals cost Albanians €62 mln in past three years

Unfair public administration dismissals cost Albanians €62 mln in past three years

TIRANA, Dec. 7 – Unfair dismissals of public administration employees have cost Albanian taxpayers a staggering 8 billion lek ($62.5 million, €58 million) in the past three years, Open Data research center has unveiled through a database of treasury transactions

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Police looking to arrest ‘drug baron’ after Greek request

Police looking to arrest ‘drug baron’ after Greek request

TIRANA, Dec. 7 – Albanian police said this week they are seeking to arrest Klement Balili, a large business owner and former regional official in southern Albania, who Greek authorities suspect is the head of a powerful drug trafficking group.

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Corrupt officials will face justice with new reform, says U.S. ambassador

Corrupt officials will face justice with new reform, says U.S. ambassador

TIRANA, Dec. 5 – For the justice reform to work, high-level corrupt officials must face justice, and Albanians must expect and believe that that will happen, U.S. Ambassador to Tirana Donald Lu said this week. “You should expect that senior

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EURALIUS caught in a translation spat

EURALIUS caught in a translation spat

TIRANA, Dec. 6 – Albania’s Democratic Party and representatives of the international community continue to disagree over the implementation of the Vetting Bill, part of the judicial reform which aims to root out corruption and bribery from the country’s justice

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Editorial: The fabric of society is unraveling

Editorial: The fabric of society is unraveling

By Alba à‡ela Do not turn on your TV sets and don’t look at your phones. Every glance at the screen will cause one to shiver and squirm: Men who kill women by throwing them naked out the windows, men

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