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TIRANA, Nov. 15 – The European Commission has warned the upcoming mid-2017 general elections and the end of a 3-year IMF supported programme could put at risk the country’s fiscal consolidation path. In its latest Autumn report, the EU’s executive arm kept unchanged Albania’s growth forecast for 2016 at 3.2 percent and expects the country’s growth to accelerate to 3.5 percent in the next couple of years. The projections are considerably lower compared to the Albania government’s much more optimistic targets of 3.4 percent for 2016, 3.9 percent in 2017 and 4.2 percent in 2018. “Economic activity is accelerating mainly…
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