Business & Economy - Page 98

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

2 days 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

Albania’s current account gap narrows as tourism boom compensates slight FDI decline

Business & Economy

TIRANA, Dec. 11 – Albania’s current account gap narrowed to €519 million in the first three quarters of this year, down 18 percent compared to the same period last year despite a

9 years ago

5 mins read

Albania asks Poland to set direct Tirana flights, invest in tourism

Business & Economy·Free to Read

TIRANA, Dec. 7 – Albania has asked Poland to consider establishing direct flights with Tirana and encourage Polish investment in Albania, especially in the emerging tourism sector at a time when Poles

9 years ago

3 mins read

Albania resumes electricity exports

Business & Economy

TIRANA, Dec. 7 – The improving hydro situation in the country’s northern Drin Cascade following heavy rainfall causing massive floods in some parts of the country has had an immediate positive impact

9 years ago

2 mins read

Natural disaster compulsory insurance initiative raises concerns over new hidden tax

Business & Economy

TIRANA, Dec. 7 – A legal initiative to make insurance against floods and earthquakes compulsory and statements by Prime Minister Edi Rama that the government will no longer provide compensation against natural

9 years ago

4 mins read

BoA: No indication of macroeconomic imbalances resulting from drug proceeds

Business & Economy

TIRANA, Dec. 6 – Albania’s central bank says it has no evidence over the alleged impact drug proceeds could have had on the country’s economy and the national currency strengthening against Europe’s

9 years ago

7 mins read

Public finances suffer blow as tourist season ends, new tax evasion campaign launched

Business & Economy

TIRANA, Dec. 6 – The end of the summer dominated tourist season and the launch of a renewed nationwide campaign against informality had a negative impact on government revenue last October. A

9 years ago

5 mins read

Gov’t failed to collect staggering €820 mln, Supreme State Audit unveils

Business & Economy

TIRANA, Dec. 5 – Damage to the state budget in 2016 almost doubled to about 110 billion lek (€820), which is about a quarter of what the Albanian government collected in annual

9 years ago

2 mins read

he pipeline route cuts like a scar through what used to be Arjanâ€™s olive grove, one of the farmers affected by the TAP pipeline. Photo: Bankwatch

Bankwatch: Albanian farmers received peanuts in TAP compensation compared to Greek peers

Business & Economy

TIRANA, Dec. 5 – Albanian farmers received peanuts after losing land and livelihoods to the major Trans Adriatic Pipeline and sharply lower compensation than their peers in neighboring Greece, a report has

9 years ago

5 mins read

Albania floods: No major impact on GDP expected as key hydropower sector moves out of crisis

Business & Economy·Premium

TIRANA, Dec. 4 – The massive floods that affected central and southern Albania over last weekend are expected to have no major impact on the country’s GDP growth despite significant damage to

9 years ago

5 mins read

State budget to lose €2 mln as energy drinks stripped of excise duty

Business & Economy

TIRANA, Nov. 30 – Ruling Socialist Party MPs have voted to lift the excise duty on energy drinks in a move that strips the state budget of about €2 million in annual

9 years ago

1 min read

National currency strengthening against EUR/USD brings mixed effects

Business & Economy

TIRANA, Nov. 29 – Albania’s national currency has gained ground both against Europe’s single currency and the U.S. dollar over the past year, with mixed effects on the Albanian economy which suffers

9 years ago

2 mins read

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Business & Economy - Page 98

Albania’s Cash Boom Raises Money Laundering Concerns

Vlora Airport Heads to Arbitration

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

Albania’s current account gap narrows as tourism boom compensates slight FDI decline

Albania asks Poland to set direct Tirana flights, invest in tourism

Albania resumes electricity exports

Natural disaster compulsory insurance initiative raises concerns over new hidden tax

BoA: No indication of macroeconomic imbalances resulting from drug proceeds

Public finances suffer blow as tourist season ends, new tax evasion campaign launched

Gov’t failed to collect staggering €820 mln, Supreme State Audit unveils

Bankwatch: Albanian farmers received peanuts in TAP compensation compared to Greek peers

Albania floods: No major impact on GDP expected as key hydropower sector moves out of crisis

State budget to lose €2 mln as energy drinks stripped of excise duty

National currency strengthening against EUR/USD brings mixed effects

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