Business & Economy - Page 27

Albania’s Cash Boom Raises Money Laundering Concerns

Cash outside Albania’s banking system reached a record 5.6 billion euros, last month. Tirana Times, August 30, 2026 – The amount of cash circulating outside Albania’s banking system has reached a record

20 hours ago

5 mins read

Prime Minister Rama, Former Deputy PM Ministedr Balluku and Mr. Bexhet Pacolli

Business & Economy

Vlora Airport Heads to Arbitration

Albania faces another potentially costly international dispute after losing several arbitration cases in recent years that have exposed the state to hundreds of millions of euros in compensation and related liabilities. Tirana

3 weeks ago

4 mins read

Business & Economy·Western Balkans

Concrete, Cocaine and Corruption: Albania’s Fragile Growth Model

Albania’s Concrete Economy: How Construction Became the Country’s Dominant Growth Model Tirana Times, July 10, 2026 – A booming construction sector has made Albania an outlier in Europe, but behind the cranes

2 months ago

7 mins read

Gov’t to double payments for small businesses, self-employed households and the unemployed

Business & Economy

TIRANA, March 24 – The Albanian government approved the financial assistance plan for all small businesses, households living under financial assistance and the unemployed who receive social welfare payments. “There are many

6 years ago

1 min read

Euro rises to almost 124 lek

Business & Economy

TIRANA, March 24 – The euro rallied against the lek significantly on Tuesday. According to the Bank of Albania’s official exchange rate, one euro was exchanged with 123.84 lek on Tuesday, up

6 years ago

1 min read

Gov’t approves state budget changes: deficit doubles

Business & Economy

TIRANA, March 22 – The Council of Ministers recently approved the proposal of the Ministry of Finance and Economy to make changes in the 2020 State Budget, in order to cope with

6 years ago

1 min read

Economic slowdown and public debt increase expected due to COVID-19

Business & Economy

TIRANA, March 21 – The coronavirus pandemic is expected to have a negative impact on economic growth and public debt. During an interview with Euronews, the Minister for Reconstruction and the COVID-19

6 years ago

2 mins read

Japan pledges JPY 15 billion in the international fight against COVID-19

Business & Economy

March 20 – The Government of Japan pledged to contribute JPY 15 billion (approx. USD 136 million) to several international organizations, including the World Health Organization (WHO), as part of its international

6 years ago

1 min read

COVID-19, gov’t reveals 300 million euro financial assistance plan

Business & Economy

TIRANA, March 19 – Prime Minister Rama revealed on Thursday evening the anticipated seven-point financial assistance plan worth 300 million euros, which is set to provide economic relief for businesses and employees

6 years ago

2 mins read

CA launches investigation into price hikes of medical items in pharmacies

Business & Economy

TIRANA, March 19 – The Competition Authority has launched a preliminary investigation into the price hike of hand sanitizers, medical alcohol and masks in pharmacies. CA’s decision comes after numerous complaints were

6 years ago

1 min read

Careful not to step out of the rain and into the hail!

Business & Economy

By Luan Shllaku We have not seen a better development since Countour Global withdrew from the contract for the construction of the ‘Kosova e Re’ TPP. It saved us 19 million euros

6 years ago

1 min read

PM Rama: No deferral of payments for electricity bills

Business & Economy

TIRANA, March 18 – The day before the official launch of the financial assistance package, Prime Minister Rama announced that there will be no deferral of payments for electricity bills. “If the

6 years ago

1 min read

Coronavirus will hit economies across all EBRD regions

Business & Economy

(EBRD), March 18 – According to the European Bank for Reconstruction and Development, the actual and feared impact of the coronavirus is affecting supply and demand simultaneously, i.e. through a parallel supply and demand

6 years ago

3 mins read

COVID-19 impact, American Chamber of Commerce calls for elimination of fiscal obligations

Business & Economy

TIRANA, March 17 – In its latest press release, the American Chamber of Commerce in Albania urged the Government of Albania to develop a parallel emergency plan in support of the business

6 years ago

1 min read

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Business & Economy - Page 27

Albania’s Cash Boom Raises Money Laundering Concerns

Vlora Airport Heads to Arbitration

Concrete, Cocaine and Corruption: Albania’s Fragile Growth Model

Gov’t to double payments for small businesses, self-employed households and the unemployed

Euro rises to almost 124 lek

Gov’t approves state budget changes: deficit doubles

Economic slowdown and public debt increase expected due to COVID-19

Japan pledges JPY 15 billion in the international fight against COVID-19

COVID-19, gov’t reveals 300 million euro financial assistance plan

CA launches investigation into price hikes of medical items in pharmacies

Careful not to step out of the rain and into the hail!

PM Rama: No deferral of payments for electricity bills

Coronavirus will hit economies across all EBRD regions

COVID-19 impact, American Chamber of Commerce calls for elimination of fiscal obligations

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