Business & Economy - Page 5

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

5 hours ago

7 mins read

Business & Economy

Austria Leads FDI, but Real Estate Tells the Bigger Story

Bank of Albania data show Austria topping first-quarter foreign investment flows, while property and construction continue to shape Albania’s FDI model. Tirana Times June 25, 2026 – The figures place Austria ahead

2 weeks ago

4 mins read

Business & Economy

Albania’s Missing Generation: A Country Losing Its Future Before 2050

Tirana Times, June 22, 2026 – Albania is no longer facing a normal demographic decline. It is facing the possible disappearance of the very generation on which its economic, social and political

3 weeks ago

6 mins read

EU and Germany invest €14.6 million on waste management project in Albania

Business & Economy

TIRANA, Nov. 15, 2023 – The European Union and the German Federal Ministry for Economic Cooperation and Development (BMZ) are investing €14.6 million on a project aimed at improving waste management in

3 years ago

1 min read

Tirana International Airport Nene Tereza (Photo: TIA/Handout)

First in Europe, Albania ranks third globally in tourism growth – UNWTO report

Business & Economy

TIRANA, Nov. 6 – The United Nations World Tourism Organization (UNWTO) has revealed that Albania secured the third position globally in terms of tourism sector growth during the first seven months of

3 years ago

2 mins read

Bank of Albania increases key interest rate, again, aiming to tackle inflation

Business & Economy

TIRANA, Nov. 2, 2023 – Albania’s central bank supervisory council has announced another hike in Bank of Albania’s key interest rate, up by 0.25 percentage points, bringing it to a rate of

3 years ago

2 mins read

Albania’s removal from FATF money laundering gray list met with optimism

Business & Economy

TIRANA, Oct. 29 – Albania’s recent removal from the Financial Action Task Force (FATF) gray list of countries grappling with money laundering deficiencies has garnered cautious optimism, with financial experts emphasizing the

3 years ago

2 mins read

Albania’s exports hit hard by currency strength

Business & Economy

TIRANA, Sept. 20, 2023 – Albania’s exports saw a sharp decline of almost 22 percent year-on-year, according to the latest official data, with exporters blaming the local currency’s strength making Albanian products

3 years ago

3 mins read

Looking to escape economic rut, Albania pins hopes on yet uncertain oil bonanza

Business & Economy·Features·Main·News

TIRANA, Aug. 30, 2023 – Faced with a GDP per capita falling far behind even the poorest EU members, lackluster foreign investments and a growing budget deficit that has to be financed

3 years ago

6 mins read

Analysis: What’s behind the free fall of euro’s value in Albania?

Business & Economy·Main·News

TIRANA, July 23, 2023 – Albania’s currency, the lek, has continued its trend of trading at historic highs against the world’s most important currencies, causing both surprise and worry as the euro’s

3 years ago

5 mins read

OTP Bank Albania wins Euromoney 2023 award as ‘The Best Bank in Albania’ for the fourth year in a row, strengthening its position as a leading financial institution in the banking industry

Business & Economy·Features·Special

TIRANA, June 20, 2023 – OTP Bank Albania has been recognized as the winner of the prestigious Euromoney 2023 Award – “Best Bank in Albania” for the fourth year in a row,

3 years ago

2 mins read

Albania sees unprecedented tourism boom ahead of high season

Business & Economy·Main·News

TIRANA, May 29, 2023 – If you are noticing a far larger number of foreign visitors around Tirana these days, you are not alone: Albania is seeing a record number this spring

3 years ago

4 mins read

OTP Bank Albania: Establishing a firm foundation to serve Albania’s dynamic economy and society

Business & Economy·Features·Main·Special

Hungary’s largest OTP Bank Group entered Albania’s market four years ago, and its subsidiary OTP Bank Albania has recently grown further through a merger, positioning itself to to serve a greater portion

3 years ago

8 mins read

Bank of Albania keeps key rate unchanged as record strength of local currency helps curb inflation, puzzling experts

Business & Economy·Main·News

TIRANA, May 4, 2023 – Albania’s central bank announced Wednesday it is keeping its key interest rate unchanged at 3 percent with global trends and a strong local currency taking the edge

3 years ago

5 mins read

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Business & Economy - Page 5

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

Austria Leads FDI, but Real Estate Tells the Bigger Story

Albania’s Missing Generation: A Country Losing Its Future Before 2050

EU and Germany invest €14.6 million on waste management project in Albania

First in Europe, Albania ranks third globally in tourism growth – UNWTO report

Bank of Albania increases key interest rate, again, aiming to tackle inflation

Albania’s removal from FATF money laundering gray list met with optimism

Albania’s exports hit hard by currency strength

Looking to escape economic rut, Albania pins hopes on yet uncertain oil bonanza

Analysis: What’s behind the free fall of euro’s value in Albania?

OTP Bank Albania wins Euromoney 2023 award as ‘The Best Bank in Albania’ for the fourth year in a row, strengthening its position as a leading financial institution in the banking industry

Albania sees unprecedented tourism boom ahead of high season

OTP Bank Albania: Establishing a firm foundation to serve Albania’s dynamic economy and society

Bank of Albania keeps key rate unchanged as record strength of local currency helps curb inflation, puzzling experts

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