Today: May 01, 2026
Subscribe
Login
·

Uncertainties over upcoming June elections pose threats to economy, EU report warns

by
5 mins read
9 years ago
Change font size:

TIRANA, Feb. 14 – Increased uncertainties over the upcoming June 2017 elections, a longer than expected credit recovery and the conclusion   of a three-year deal with the International Monetary Fund could put Albania’s fiscal consolidation efforts at risk, the European Commission warns in its latest Winter European economic forecast. The warning comes as the run-up to general elections has always been accompanied by threats to public finances in Albania in the past 25 years of transition with incumbent governments sharply increasing public investments and putting at risk budget deficit and public debt targets, apparently to gain an electoral advantage….

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here

Story Highlights

  • The warning comes as the run-up to general elections has always been accompanied by threats to public finances in Albania in the past 25 years of transition with incumbent governments sharply increasing public investments and putting at risk budget deficit and public debt targets, apparently to gain an electoral advantage. The European Commission expects the Albanian economy to slightly pick up to 3.5 percent and 3.6 percent respectively for 2017 and 2018 in forecasts which are 0.3 to 0.6 percent lower compared to the Albanian government's more optimistic forecasts

Latest from Business & Economy

Prof. Dr. Alaa Garad is President and Founding Partner of the Stirling Centre for Strategic Learning and Innovation, University of Stirling Innovation Park, Scotland. He is actively engaged in health tourism, higher education and organisational learning across the Western Balkans, including the Global Health Tourism Leadership Programme in Albania.

Building a Trusted Health Tourism Ecosystem: Albania’s Next Competitive Advantage

·
Change font size: - + Reset by Professor Alaa Garad Tirana Times, March 17, 2026 – There are countries you visit, and there are countries you remember. Albania is rapidly becoming the
1 month ago
7 mins read
Subscribe
Login