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Uncertainties over upcoming June elections pose threats to economy, EU report warns

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9 years ago
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TIRANA, Feb. 14 – Increased uncertainties over the upcoming June 2017 elections, a longer than expected credit recovery and the conclusion   of a three-year deal with the International Monetary Fund could put Albania’s fiscal consolidation efforts at risk, the European Commission warns in its latest Winter European economic forecast. The warning comes as the run-up to general elections has always been accompanied by threats to public finances in Albania in the past 25 years of transition with incumbent governments sharply increasing public investments and putting at risk budget deficit and public debt targets, apparently to gain an electoral advantage….

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