Half of investors rate Albania’s business climate unfavorable, AmCham survey shows

TIRANA, April 16 – Albanian and foreign companies operating in the country expect the country’s business climate to continue remaining unfavorable in 2018 as the high tax burden, government bureaucracy and monopoly and unfair competition have emerged as the main barriers for several years in a row now, according to an annual survey conducted by the American Chamber of Commerce representing some of the key foreign and local investors in the country. On a 0 to 100 scale, Albania’s 2017 business climate measured by the AmCham dropped by an annual 1.33 percentage points to 42.45 after hitting a five-year high…