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albanian-experts-slam-foreign-company-vat-administration-01-29-2016
29 Jan 16

Albanian Plan to Privatise VAT Payments Queried

A government plan to hand business VAT payments over to the private sector to administer is causing controversy. 

albania-aims-to-liberalize-international-flights-12-23-2015
24 Dec 15

Albania Claims Deal Will Allow Low-Cost Flights

Officials claim they have reached an agreement with Tirana airport's shareholders to end their monopoly on international flights - but some experts are sceptical.

tirana-and-skopje-agree-veggie-war-deal-11-26-2015
27 Nov 15

Tirana and Skopje Agree ‘Veggie War’ Deal

Albania and Macedonia take steps to resolve fresh produce 'trade war' after Tirana raises the issue at a regional free trade meeting.

government-lures-albanians-to-spy-tax-frauds-10-22-2015
23 Oct 15

Albania Offers Rewards to Tax Fraud Spies

Albania is setting up a fund to reward citizens who report on fiscal evasion as part of the government campaign against the informal, cash economy.

bankers-seeks-international-mediation-over-tax-dispute-09-14-2015
14 Sep 15

Albania Oil Company Seeks Tax Dispute Mediation

The main petroleum extraction company in Albania is hoping that an independent auditor will help to resolve a tax bill of $57 million (50 million euros).

albania-open-procedures-on-a-second-hydropower-plant-on-the-last-wild-river-in-europe--09-09-2015
09 Sep 15

Albania Power Plant Approval Angers Greens

Breaking his promise to not allow any new hydropower plants on the Vjosa River, Albania's Prime Minister has approved a Turkish company's request for a concession, angering environmentalists.

auditors-fails-albania-electricity-utility-financial-data-09-02-2015
02 Sep 15

Auditors Query Albania Electricity Firm's Data

The refusal of independent auditors to give a verdict on the accuracy of the financial statements of the electricity distributor has shed light on the poor state of bookkeeping in Albania's state-run companies.

albania-government-starts-major-crackdown-against-fiscal-evasion-09-01-2015
01 Sep 15

Albania PM Declares 'War' on Fiscal Evasion

Under pressure from the IMF over falling fiscal revenues, Prime Minister Rama has pledged to engage 600 teams to fight the widespread evasion of the use of receipts for goods - although many see the threat as empty.

eu-to-financially-support-western-balkans-08-28-2015
31 Aug 15

Europe to Fund Balkan Transport, Energy Projects

Following the Vienna summit, the Western Balkans has been promised 200 million euro in co-financing for 10 transport and energy projects, to improve growth and energy security.

leaked-plan-to-raise-income-tax-cause-outrage-in-albania-08-10-2015
10 Aug 15

Albania Plan to Raise Taxes Causes Outrage

The Ministry of Finance shelved a draft law that was to introduce taxes on low wage-earners after strong criticism from the media and from some of the ruling coalition's MPs.

albania-government-cuts-state-budged-due-to-poor-revenue-performance-08-05-2015
05 Aug 15

Albanian Government Cuts State Budget

The Albanian government used emergency measures to cut its expenditures by four per cent for this year to keep its budget deficit unchanged despite disappointing revenues.

imf-suspends-agreement-with-albania-08-03-2015
03 Aug 15

IMF Mulls Suspending Agreement with Albania

IMF representative Jens Reinke said Albanian state budget revenues are well below target and suggested further tax hikes, while the government promised a crackdown on tax evasion.

private-electricity-production-grows-in-albania-due-to-new-hpps-and-privatizations
24 Jul 15

Private Electricity Production Booms in Albania

The annual report from the regulator shows that private electricity production reached a peak over the past year, with private companies now producing a fifth of the country's electricity.

region-carefully-brace-for-greek-referendum-results
06 Jul 15

Balkan States Weigh Impact of Greece’s ‘No’

Officials in the Balkans are weighing up the potential impact of the Greek referendum result on their countries amid warnings that a deepening of the crisis could damage economies in the region.

imf-albania-s-has-no-contagion-risk-from-greece
01 Jul 15

IMF Says Greek Crisis Will Not Affect Albania

The head of the IMF in Albania, Nadeem Ilhahi, on Tuesday said that the banking sector in Albania faces few risks as a result of the worsening Greek debt crisis.

Politics and Society

albanian-analysts-eyes-on-u-s-over-corruption-fight-02-12-2016
13 Feb 16

US Must Keep Eye on Albanian 'FBI', Experts Say

Experts say Albania's new FBI-style investigative bureau will best succeed if its American mentors remain closely involved in monitoring its work. 

Culture and Lifestyle

ring-in-the-new-year-balkan-style-12-31-2015
31 Dec 15

Ring in the New Year Balkan Style

New Year’s Eve in the Balkans means music, fireworks, food, and more music in city squares under the stars.