Year in Review: Economy in 2014

Year in Review: Economy in 2014

January  Tax burden increases The shift to progressive taxation on corporate and personal income starting January 2014 made Albania less competitive to other regional countries as far as the tax burden is concerned. Data show the increase of the corporate

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Democrats return to parliament

Democrats return to parliament

TIRANA, Dec. 24 – The Albanian Parliament ended its last session for 2014 with the highest attendance since summer, as the main opposition Democratic Party of Tirana Mayor Lulzim Basha ended its lengthy boycott. Democrats returned to parliament after an

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Azeris sign deal to build gas lines across the country

TIRANA, Dec. 20 – Azerbaijan’s state-owned oil company, SOCAR, has agreed to start a project on building a gas distribution network in Albania, hoping to turn the country into another user of the Azeri gas, which is mainly transported to

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EU offers €40 million in budget assistance

TIRANA, Dec. 19 – Albania’s government has complied with requirements set by the European Union to gain 40 million euro assistance for the 2014-2020 period, officials said. Albania has met final pre-conditions for EU budget support, as it will provide

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Minorities need better attention, says OSCE

TIRANA, Dec. 20 – The Organization for Security and Cooperation in Europe has called on Albania to have a better focus on its minority populations, an important element of efforts to join the European Union. Experts discussed how local authorities

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Albanians celebrate Christmas, gear up for New Year

TIRANA, Dec. 25 – Albanians have marked Christmas with church gatherings and festive public activities, bringing the holiday season in full gear ahead of the New Year celebrations. Practicing Christians gathered in the places of worship across Albania for midnight

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Authorities beef up border monitoring during holidays

TIRANA, Dec. 23 – Border police have increased numbers and work hours at border crossings due to increased influx of the people and vehicles as part of the year-end holiday season. Thousands of Albanian migrants return home each year to

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Lazarat’s drug lords face formal charges  

TIRANA, Dec. 21 – The prosecutor-general’s office reported that 38 percent of people arrested during the operation against marijuana cultivation in Lazarat in June have been formally charged in court. Twenty seven resident of the notorious drug village have been

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Crime numbers down, authorities say

TIRANA, Dec. 22 – The Interior Ministry and police said on Sunday they have achieved good results in fighting crime and illegal trafficking the past year. Police reported 19.7 percent less crimes against persons, 11.4 percent less murders, 54.8 percent

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Stiff smoking fines hit clubs, bars

TIRANA, Dec. 22 – Police and the health inspectors have fined six clubs in Tirana for letting people smoke indoors. The move comes months after authorities started to apply strict rules that ban smoking in public places, especially in night

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