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08 Nov 11 / 13:23:45

Albania to Protect its Banks from the Greek Crisis

A new bill presented in Albania’s parliament aims to force foreign banks to transform their branches into local subsidiaries.

26 Oct 11 / 21:34:18

Albania Central Banks Keeps Repo Rate Unchanged

Albania's central bank kept its key interest rate unchanged on Wednesday, following last month's cut of half a percentage point.

imf-debt-crisis-spillover-threatens-albania-s-weak-economy

26 Oct 11 / 07:41:33

IMF: Debt Crisis Spillover Threatens Albanian Economy

Albania’s economy faces increasing challenges from high public debt, sluggish productivity growth, and a potential spillover from euro zone debt crisis, a report by the International Monetary Fund, IMF, warns.

one-dead-and-seven-injured-in-albania-mine-explosion

18 Oct 11 / 13:14:01

Albanian Mine Explosion Kills One and Injures Seven

An explosion at the Bulqiza chromium mine in northeastern Albania this morning has resulted in one fatality and seven injuries among mine workers, a company official has told Balkan Insight

17 Oct 11 / 17:35:26

Nautical Survey Underway in Albanian Port

One of Albania’s main commercial ports, has become the focus of a high-tech survey bringing together US and Albanian hydrographers.

12 Oct 11 / 08:33:45

Albania Banks Register Spike in Bad Loans

Data published on Tuesday by Albania’s Association of Banks say bad loans reached 18 per cent of the total credit portfolio in August, the highest level to date.

07 Oct 11 / 09:09:27

Albanian Miners Return to Work After Strike

Nearly 700 miners from the Bulqiza chromium mine returned to work on Thursday after a three-month strike.

tirana-s-demand-for-commercial-rental-space-stagnant

29 Sep 11 / 07:43:14

Demand For Office Space Stalls in Tirana

A report by real estate agent Colliers international published on Wednesday highlights poor demand for commercial space in the Albanian capital.

28 Sep 11 / 09:14:01

Albania's Main Airport Goes Green

Tirana’s Mother Teresa International Airport, TIA, has launched a new programme to encourage its 1.5 million travellers to recycle waste.

14 Sep 11 / 15:34:18

Two Albanians Perish in Deserted Mine

Two people died and another was wounded on Tuesday in an abandoned chromium mine near the village of Kalimash in northeast Albania.

06 Sep 11 / 09:18:23

AMC Eyes Albania’s Second 3G License

Albania Mobile Communications, AMC, announced on Monday that it has been ranked as the highest bidder in a tender for the country’s second 3G mobile license.

albania-doing-little-to-quell-growing-demand-for-electricity

01 Sep 11 / 09:39:08

Albania Facing Electricity Shortage Following Low Production

Rising demand coupled with falling supply of electricity is threatening an electricity shortage across Albania in coming months, experts have warned.

albania-s-hefty-trade-gap-narrows-slightly

25 Aug 11 / 13:45:32

Trade Gap Narrows in Albania as Exports Rise

Albania’s trade deficit fell 0.4 per cent in July compared to the previous month, according to data published by Albanian’s Institute of Statistics, INSTAT.

albania-court-orders-strikers-to-clear-mine

22 Aug 11 / 10:00:54

Albania Miners End Month-Long Strike

A group of Albanian miners ended 27-day strike in the Bulqiza chromium mine on Sunday, after 300 police officers intervened to clear the premises following a court order.

cash-registers-fail-to-dent-albania-s-grey-economy

19 Aug 11 / 12:23:41

Albania’s Grey Economy Sidesteps VAT Crackdown

The compulsory introduction of cash registers, at a cost of tens of millions of euro to state coffers, has failed to increase Albania’s tax revenue and reduce its sizable informal economy.

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Premium

11 Apr 12 / 09:06:41

Albania’s Power Crisis Pinned on Company Errors

Irresponsible exports of electricity by the Power Corporation in 2011 played a key role in fomenting the worst energy crisis in Albania’s modern history.

24 Feb 12 / 11:00:46