Business & Economy - Page 3

Albanian Banks Brace for Rising Bad Loans

Tirana Times, January 15, 2026 – Albania’s banking sector enters 2026 with growing caution, as banks operating in the country anticipate an increase in non performing loans despite strong demand for credit.

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Business & Economy

Albania’s Currency Exchanges Tied to Drug Money Laundering

By Tirana Times Staff TIRANA, Albania,October 16,2025. Behind brightly lit kiosks advertising euros, dollars and pounds, prosecutors say a hidden financial system is moving millions in illicit cash for some of Albania’s

3 months ago

3 mins read

Business & Economy

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

4 months ago

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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,

2 years 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

2 years ago

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Bank of Albania moves to apply for SEPA membership

Business & Economy·News

Albanian businesses and individuals have for years complained that bank transfers — both domestic and international — are costly and slow. SEPA membership would help solve the problem. TIRANA, Apr. 30, 2024

2 years ago

5 mins read

Albania’s sovereign credit rating upgraded by major int’l agency

Business & Economy

TIRANA, March 26, 2024 – The Standard & Poor’s (S&P) credit rating agency, one of the three largest in the world, has upgraded Albania’s long-term sovereign credit rating by one notch, pushing

2 years ago

2 mins read

Reflecting renewed emigration wave, remittances to Albania reached record high in 2023

Business & Economy·News

TIRANA, March 28, 2024 – Money sent home by Albanians working abroad saw a significant increase in 2023, reaching the highest historical level since 2008, according to the latest data reported by

2 years ago

1 min read

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

Business & Economy·Main·News

TIRANA, March 16, 2024 – U.S.-based company Affinity Partners, led by Jared Kushner, the influential son-in-law of former President Donald Trump, aims to undertake two major tourism projects in Albania, along with

2 years ago

6 mins read

Albania signs long-awaited social insurance deal with Italy

Business & Economy·News

By JERINA ZALOSHNJA-RAKIPI ROME, Feb. 7, 2024 – After years of negotiations, Albania and Italy have signed a long-awaited deal on recognizing each other’s social insurance contributions, which will benefit more than

2 years ago

5 mins read

From exile, Albania’s ex deputy PM alleges massive corruption at top of SP leadership

Business & Economy·Main·News

TIRANA, Feb. 6, 2024 – In an lengthy television interview from exile in Switzerland, Albania’s former deputy prime minister, Arben Ahmetaj, has made startling accusations of massive corruption at the top of

2 years ago

11 mins read

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

Business & Economy

TIRANA, Jan. 31, 2024 – A recent report by the European Bank for Reconstruction and Development (EBRD) has highlighted a stark contrast in the perception of quality of life between Albania and

2 years ago

1 min read

Ryanair unveils expansion plans and new routes from Tirana International Airport

Business & Economy

TIRANA, Jan. 24, 2024 – Europe’s largest airline, low-cost Irish carrier Ryanair, is doubling down in Albania with six new direct destinations to complement its existing 16 and the announcing of plans

2 years ago

3 mins read

Francesco Becchetti owns several companies in Albania, including Agon Channel. (Photo: Archives)

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

Business & Economy·News

TIRANA, Jan. 24, 2024 – The Albanian government has had to pump millions of euros to keep afloat Albcontrol, the state-owned company responsible for air navigation services in Albanian airspace, as its

2 years ago

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Business & Economy - Page 3

Albanian Banks Brace for Rising Bad Loans

Albania’s Currency Exchanges Tied to Drug Money Laundering

Kosovo Visitors Drive Summer Tourism Surge as Italian Arrivals Slip

Credit collections scheme leads to arrests, license suspensions

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

Bank of Albania moves to apply for SEPA membership

Albania’s sovereign credit rating upgraded by major int’l agency

Reflecting renewed emigration wave, remittances to Albania reached record high in 2023

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

Albania signs long-awaited social insurance deal with Italy

From exile, Albania’s ex deputy PM alleges massive corruption at top of SP leadership

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

Ryanair unveils expansion plans and new routes from Tirana International Airport

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

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

Ryanair unveils expansion plans and new routes from Tirana International Airport

Albania’s sovereign credit rating upgraded by major int’l agency

Reflecting renewed emigration wave, remittances to Albania reached record high in 2023

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

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

Albania signs €1bn deal with Italy and UAE on renewable energy, new undersea connection

Albania signs long-awaited social insurance deal with Italy

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

Emigration is top economic risk to Albania, says EBRD head

U.S. suspends Albania from immigrant visa processing

Albania Under Water: A Return to a Hobbesian State of Nature

Housing Boom Prices Out Albanians