Business & Economy - Page 2

Kosovo Visitors Drive Summer Tourism Surge as Italian Arrivals Slip

Kosovo Visitors Drive Summer Tourism Surge as Italian Arrivals SlipTirana, September 26, 2025 — By Tirana Times Staff Albania’s summer tourism season ended on a stronger note in August, with a surge

2 weeks ago

3 mins read

Business & Economy·Headline

Bankers Petroleum Threatens Arbitration Amid Fraud Probe in Albania

By Tirana Times | July 23, 2025 Albania’s most lucrative oilfield has become the epicenter of what could be the country’s most consequential investor-state confrontation to date, after Bankers Petroleum — its

3 months ago

5 mins read

Business & Economy

Arrests at Bankers Petroleum Spark Questions Over Albania’s Oil Industry and Accountability

By Tirana Times Staff FIER/TIRANA, July 2, 2025 — In a stunning development that has shaken Albania’s oil sector, police arrested the current CEO of Bankers Petroleum, Chinese national Hongping Xiao, and

3 months ago

4 mins read

Albania joins SEPA, marking tangible step in economic integration with the EU

Business & Economy·Main

TIRANA, Nov. 22, 2024 – Albania’s application to join the Single Euro Payments Area (SEPA) has been approved, and the country will join on Jan. 1, 2025, alongside Montenegro, the central bank

11 months ago

5 mins read

Will any other Western Balkans country join the Single Euro Payments Area (SEPA) on the same day as Montenegro?

Business & Economy

by Marija Stojanović Journalist at European Western Balkans According to the recent announcement by Gert Jan Koopman, Director-General of the European Commission’s Directorate for Neighbourhood and Enlargement Negotiations (DG NEAR), Montenegro

1 year ago

13 mins read

A Courageous Tug o’ War for American Investment

Business & Economy

A delicate game attracting Democrat and Republican attention in the Western Balkans Mark Crawford Sir Humphrey: There are four words you have to work into a proposal if you want

1 year ago

21 mins read

A Rising Tide Lifts Empty Boats

Business & Economy

Interpreting an Improved Economy in the Face of Depopulation Mark Crawford In 2024 Albania faces a paradox of statistics. After a couple of years of strong GDP growth, Albania is projected

1 year ago

10 mins read

Albania faces international scrutiny over suspected toxic waste trafficking

Business & Economy·Main·News

TIRANA, Aug. 30, 2024 – The discovery that 800 tons of industrial waste, suspected to contain hazardous toxic substances, were exported from Albania’s port of Durrës — likely originating outside the country

1 year ago

9 mins read

Qatar Square to serve as Tirana’s newest hub and vital part of New Boulevard project

Business & Economy·Features·Main·News

TIRANA, July 25, 2024 – The Qatar Fund for Development (QFFD) has signed a grant agreement with the Municipality of Tirana to establish Qatar Square, a significant development in the heart of

1 year ago

5 mins read

EU agriculture funds for Albania suspended indefinitely following misuse investigation, ministry tells parliament

Business & Economy·News

TIRANA, July 21, 2024 – About 112 millions of euros aimed at helping Albanian farmers prepare for being part of the European Union have been suspended indefinitely due to prior misuse of

1 year ago

4 mins read

Bank of Albania shifts policy, cutting key rate by 0.25% to 3%

Business & Economy

TIRANA, July 4, 2024 – The Bank of Albania has shifted direction for the first time since March 2022, easing its monetary policy by reducing the key interest rate by 0.25 percentage

1 year ago

2 mins read

Property prices on Albanian coast soar, partially driven by foreign buyers

Business & Economy·Main

TIRANA, May 29, 2024 – Demand for coastal properties in Albania has surged by 20-30 percent compared to last year, according to the Albanian Builders Association. Key areas like Vlora, Palasa and

1 year ago

2 mins read

Credit collections scheme leads to arrests, license suspensions

Business & Economy·Main·News

TIRANA, May 26, 2024 – An Albanian court has ordered the arrest of several individuals in connection with a credit collections scheme that allegedly defrauded thousands of citizens. According to the prosecution,

1 year ago

1 min read

Tourism boom not translating into into higher overall consumption, data shows

Business & Economy·News

TIRANA, May 11, 2024 – It’s the bright spot in Albania’s image: the country is currently seeing a boom in international tourist visits. But most foreign tourists are spending too little money

1 year ago

2 mins read

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Business & Economy - Page 2

Kosovo Visitors Drive Summer Tourism Surge as Italian Arrivals Slip

Bankers Petroleum Threatens Arbitration Amid Fraud Probe in Albania

Arrests at Bankers Petroleum Spark Questions Over Albania’s Oil Industry and Accountability

Albania joins SEPA, marking tangible step in economic integration with the EU

Will any other Western Balkans country join the Single Euro Payments Area (SEPA) on the same day as Montenegro?

A Courageous Tug o’ War for American Investment

A Rising Tide Lifts Empty Boats

Albania faces international scrutiny over suspected toxic waste trafficking

Qatar Square to serve as Tirana’s newest hub and vital part of New Boulevard project

EU agriculture funds for Albania suspended indefinitely following misuse investigation, ministry tells parliament

Bank of Albania shifts policy, cutting key rate by 0.25% to 3%

Property prices on Albanian coast soar, partially driven by foreign buyers

Credit collections scheme leads to arrests, license suspensions

Tourism boom not translating into into higher overall consumption, data shows

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Albanian saw quality of life stagnate as rest of region improved, according to EBRD report

Will any other Western Balkans country join the Single Euro Payments Area (SEPA) on the same day as Montenegro?

Ryanair unveils expansion plans and new routes from Tirana International Airport

Trump’s son-in-law plans major investment in Sazan, Albanian gov’t confirms

Taxpayers bail out air traffic control company whose foreign accounts were seized by Belgian court to pay Becchetti

EU agriculture funds for Albania suspended indefinitely following misuse investigation, ministry tells parliament

Emigration is top economic risk to Albania, says EBRD head

Albania signs long-awaited social insurance deal with Italy

Bank of Albania shifts policy, cutting key rate by 0.25% to 3%

A Courageous Tug o’ War for American Investment

Judge’s Killing in Courtroom Shakes Albania’s Justice System

Rama’s Trump Joke Overshadows Copenhagen Summit

Tirana Council Dismisses Mayor Erion Veliaj