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Latest Business News

albania-pins-hopes-for-a-functional-capital-market-07-21-2017
24 Jul 17

Private Stock Exchange Aims to Fill Gap in Albania

The first private initiative stock exchange in the country is due to open in October - and hopefully fill an important gap in the country's economic and financial architcture.

bitcoin-atm-challenges-law-on-its-use-07-19-2017
21 Jul 17

Kosovars Warned About Using First Bitcoin ATM

Kosovo is about to get the first virtual currency ATM in the Balkans - but the central bank has warned potential users that they cannot expect much protection from the law.

albania-hopes-for-economic-relationship-with-japan-07-17-2017
18 Jul 17

Albania Hopes Japanese Embassy Will Boost Ties

As a Japanese embassy opened on Monday in Tirana, Albanian experts expressed hope that closer ties to the Asian economic superpower would now develop. 

turkey-stays-top-of-albanian-holiday-destination-list-07-02-2017
03 Jul 17

Turkey Stays Top of Albanian Holiday Destination List

Albanians are continuing with their decade-long habit of holidaying in Turkey, though the Greek islands have started to become popular as well.

albania-kosovo-struggle-to-grow-trade-volume-04-04-2017
05 Apr 17

Albania, Kosovo Struggle to Boost Low Trade Levels

Exports from Albania to Kosovo dropped in 2016, which small and medium-sized businesses blame on difficulties with high customs fees.

albania-strives-to-save-the-growth-trend-in-tourism-04-03-2017-6
04 Apr 17

Albania Aims To Build on Boom in Tourism

Albania earned a record 1.5 billion euros from tourism in 2016, well up from the figures recorded the previous year - but officials say the country must do much more if it is to keep those figures growing.

albania-prepares-to-play-role-in-the-region-gasification-03-30-2017
31 Mar 17

Albania Spies Gold in Projects Linked to TAP

Energy experts say the country stands to benefit hugely from major energy projects linked to the Trans Adriatic Pipeline, which will run bring Caspian Sea gas to Europe across Albania.

eu-proposal-on-joint-market-raises-eyebrows-in-kosovo-and-albania-03-20-2017
21 Mar 17

Kosovo, Albania Give 'Common Market' Call Thumbs Down

Kosovo's Prime Minister has dismissed calls for a Western Balkan 'common market' as a pointless diversion from the goal of EU membership - while an important union in Albania has reached the same conclusion.

experts-believe-albania-government-didn-t-keep-jobs-promises-02-14-2017
15 Feb 17

Albanian PM Accused of Breaking Jobs Promise

Prime Minister Edi Rama’s government has failed to keep the promise made during his 2013 election campaign to develop a business climate that would create 300,000 jobs, economists said.

italian-legislation-on-call-centres-alarm-albania-12-05-2016
06 Dec 16

Italian Law Threatens Call Centres in Albania

Thousands of jobs in Albania appear at risk after Italy passed a new law restricting the rights of Italian companies to outsource customer services across the Adriatic Sea.

albania-serbia-trade-volume-in-growth-10-14-2016
17 Oct 16

Albania-Serbia Trade Grows From Modest Base

Trade between Albania and Serbia is growing steadily, albeit from a low base - and the disparity between what Serbia sells to Albania, and what Albania sells to Serbia, remains huge.

albania-business-representatives-split-over-a-commerce-chamber-with-serbia-10-13-2016
14 Oct 16

Joint Chamber Aims to Boost Serbia-Albania Trade

The launch on Friday of a joint Serbia-Albania Chamber of Commerce in Nis is intended to enliven currently weak economic ties between the two countries - but not everyone expects it to succeed.

albanians-in-valbona-brace-to-stop-the-hydro-plants-09-21-2016
22 Sep 16

Albanian Activists Mull Lawsuits to Stop Power Plants

Activists in northern Albania are preparing lawsuits to halt the planned construction of power plants that they say will wreck tourism in the Albanian Alps.

albanians-complain-against-tap-compensation-rates-09-12-2016
13 Sep 16

Albanians Dispute New Pipeline Compensation Rates

NGOs warn that Albanian families expected to give up their properties to make room for the Adriatic pipeline project, TAP, have not been adequately compensated, while some have faced threats of government expropriation.

albania-ready-to-start-the-interconnection-line-with-macedonia-07-25-2016
26 Jul 16

New Power Line to Link Albania to Macedonia

A German bank loan of 50 million euros opens the way for the construction of 126km high voltage 400kV line from Elbasan in Albania to Bitola in Macedonia, designed to integrate the energy trade in the region.

Premium

young-albanians-strike-gold-in-the-emirates-01-16-2017
17 Jan 17

Young Albanians Strike Gold in the Emirates

The Gulf states have turned into a dream destination for many young Albanians whose career paths were blocked back home.

29 Sep 16

World Bank Upbeat About Western Balkans

25 Jun 15

Balkan Economies Brace for Impact of Grexit

09 Jan 15

No Losers Under Albania’s Pension Reform

Politics and Society

balkan-states-need-more-resources-to-fight-terror-report-warns-07-20-2017
20 Jul 17

US Report: Balkans Need Resources to Fight Terror

US State Department report say that while most Balkan states cooperate well with international partners to improve counterterrorism policies, they still have problems in terms of cooperation between institutions and in terms of limited resources. 

Culture and Lifestyle

golden-tourist-future-awaits-albania-s-mystery-island-07-20-2017
20 Jul 17

Golden Tourist Future Awaits Albania’s Mystery Island

Once the sealed-off home of military personnel, the island of Sazan, off Vlora, is becoming a major attraction for Albanians and foreigners alike.

09 Jun 17

Historic Tirana Square: A Shrine to Change

06 Jun 17

Inside Guide to the Balkans’ Secret Wonders