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TIRANA, May 7 – The European Commission has downgraded Albania’s growth outlook for the next couple of years as two major energy-related projects that drove Albania’s FDI and economic growth recovery for the past four years complete their investment stage and no major investment replaces them. In its latest ‘Spring’ European economic forecast report, the EU’s executive arm, expects the Albanian economy to slow down to 3.6 percent in 2018, down from a nine-year post crisis high of 3.8 percent and recover to 3.9 percent in 2019 to register the highest growth rates among regional EU candidates. The 2018 and…
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