FinMin justifies budget cut with euro's free fall hitting revenue by €40 mln

FinMin justifies budget cut with euro's free fall hitting revenue by €40 mln

TIRANA, Sept. 6 – The ruling Socialist Party blamed the sharp strengthening of Albania's national currency against Europe's single currency and the US dollar with a negative impact on government revenue for the mid-year budget cut it approved this week

Read Full Article
Albania's tourism, experts urge looking beyond 'numbers game'

Albania's tourism, experts urge looking beyond 'numbers game'

TIRANA, Sept. 6 – As Albania faces a national record number of tourists, travel and tourism experts have called on the Albanian government not to focus on the numbers game, but a clear strategy that would improve service quality and

Read Full Article
Coach Panucci seeks €100,000 in defamation damages against Albania's ex-president

Coach Panucci seeks €100,000 in defamation damages against Albania's ex-president

TIRANA, Sept. 6 – Albania's Italian coach Christian Pannucci is seeking damages for defamation from Albania's former president over insulting remarks in a social media status in the first such claim a national side coach is filing against senior current

Read Full Article
Albania celebrates St. Mother Teresa day

Albania celebrates St. Mother Teresa day

TIRANA, Sept. 5 – This date two years ago Mother Teresa became the first Roman Catholic of Albanian origin to be canonized by Pope Francis, making the date widely celebrated around the world and an official holiday in the country.

Read Full Article
Uncertainties surround re-introduction of tolls on Albania-Kosovo highway

Uncertainties surround re-introduction of tolls on Albania-Kosovo highway

TIRANA, Sept. 5 – Uncertainties surround the reintroduction of tolls on the highway linking Albania to Kosovo following a late March protest that turned violent, temporarily suspending the operation of country's first toll road after local residents and businesses in

Read Full Article
To-be-deported Albanian man's suicide highlights country's ongoing exodus

To-be-deported Albanian man's suicide highlights country's ongoing exodus

TIRANA, Sept. 5 – The suicide of an Albanian family man who was going to be deported from Germany on Wednesday attracted attention again to the alarming numbers of Albanians desperately seeking to leave the country – with 13,4 percent

Read Full Article
Albania extends incentives, considers new investment law to handle expected FDI slowdown

Albania extends incentives, considers new investment law to handle expected FDI slowdown

TIRANA, Sept. 5 – Albania has extended for another year incentives on strategic investment to both foreign and domestic investors as it prepares to draft a new comprehensive law that will provide the same protection to both Albanian and foreign

Read Full Article
Increased number of threats towards journalists, Union of Journalists warns

Increased number of threats towards journalists, Union of Journalists warns

TIRANA, Sept. 5 – The Union of Journalists of Albania announced on Tuesday that over 45 journalists from different media have sought asylum or citizenship in other states in an attempt to leave the country from threats they receive from

Read Full Article
Electoral reform before 2019 only way to open negotiations, Krichbaum says

Electoral reform before 2019 only way to open negotiations, Krichbaum says

TIRANA, Sept. 4 – Gunther Krichbaum, chair of the Commission on EU Affairs in the German Bundestag, said on Monday that without achieving the electoral reform before the 2019 local elections, Albania has no chance to open negotiations with the

Read Full Article
Ksamil islands, lack of rehabilitation project mars Albania's tourism gems

Ksamil islands, lack of rehabilitation project mars Albania's tourism gems

TIRANA, Sept. 4 – The Ksamil islands and the nearby beaches in southernmost Albania offer one of the most breathtaking views of the Albanian Riviera and regularly make it to promotional spots of the country's emerging tourism industry, but ongoing

Read Full Article