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Uncertainties over election result, tax policy likely to hold back new investment

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9 years ago
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 TIRANA, May 24 – Albania’s business climate got a real boost from the overcome of a tense political deadlock that undermined business and consumer confidence for several months, but uncertainties over the result of next June’s general elections until a new government takes over next September are expected to continue holding back new foreign and domestic investment. The uncertainties are related to the new government that will take over after the June 25 general elections and the tax policies it will apply. Unlike previous elections, no pre-electoral coalitions have been formed ahead of the elections, and all major three parties,…

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