Today: Sep 02, 2026

Business & Economy - Page 53

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

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

Euro drop still unjustified

TIRANA, March 26- On Dec. 19, 2018, the euro was exchanged by 122.69 lek, reaching the lowest level since August 2008. While the average exchange rate for the whole year was 127.6
7 years ago
4 mins read

Economy in Brief

Low budget spending on social protection Comparing to EU countries the Albanian government collects and spends less public funds in ratio to its GDP. The highest difference is noticed in spendings for
7 years ago
4 mins read

Economy in Brief

17 percent of loans are informal The Bank of Albania conducted a survey during the first half of 2018 with 1200 Albanian families regarding loans. The data gathered showed that 17 percent
7 years ago
4 mins read
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