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albania-pm-pressed-on-electricity-grid-investments
09 May 12 / 08:38:50

Albania PM Pressed to Invest in Power Grid

Italian companies that have invested in new power plants say Albania must do more to improve the electricity grid, so that their plants can be fully connected to the system.

Latest Business News

25 Sep 07 / 08:42:00

Albania, Croatia and Montenegro to Build Pipeline

Podgorica_ Montenegro, Croatia and Albania have agreed to build a 400-km pipeline, according to a ministerial declaration agreed on Tuesday.
06 Sep 07 / 06:40:00

Albania's Energy Crisis Raises Costs

Tirana_ Albania’s energy crisis is taking its toll on the economy, according to newly released data by the Institute of Statistics.
13 Aug 07 / 03:09:00

Albania Miners Go on Strike

Tirana_ Miners in the shanty town of Bulqiza in northern Albanian went on strike on Monday after a union leader died in a mining accident.
07 Aug 07 / 03:09:00

IMF Fears Energy Crisis in Albania Will Damage Growth

Tirana _ The IMF expressed worries on Monday that the energy crisis that has swept Albania will have adverse effects on economic growth.
27 Jul 07 / 03:09:00

Energy Crisis Cuts Albanian Working Hours

Tirana_The Albanian cabinet decided Thursday to cut the working hours of public employees to save power in the midst of a national energy shortage.
26 Jul 07 / 03:09:00

Albania's Electricity Monopoly Seeks Rate Hike

Tirana_ Amidst a severe energy crisis, the Albanian Power Corporation, KESH, announced Wednesday it will request an electricity price hike to recover from the higher cost of imports and low hydropower production due to the country’s drought.
05 Jul 07 / 03:08:00

Albania Edges Toward Early Elections

Tirana_A political stalemate over picking a new head of state may force Albania toward early elections.
28 Jun 07 / 03:08:00

Albania's Central Bank Raises Interest Rates

Tirana_ Albania’s central bank raised interest rates by a quarter of a per cent to a new base rate of 5.75 percent to curb the threat of inflation.
20 Jun 07 / 15:41:00

Albania Sells National Telecom Company for 120 Million Euros

Tirana_The Albanian government has sold a majority stake of the national fixed-line telephone company Albtelekom to a Turkish consortium.
21 May 07 / 13:50:00

Albania: Pollution Levels Raise Concerns

Tirana_A new study from the Institute of Public Health, IPH, about pollution levels along Albania’s coastline is raising concerns over the impact of the unregulated development, just as the tourist season is about to begin.

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The Albanian real estate market first caught the eye of foreign investors back in 2005. The first deals were struck in subsequent years and their volume has been on the rise ever since.

Premium

albania-s-power-crisis-pinned-on-company-errors
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.

07 Dec 10 / 07:20:23

Turkey’s Balkan Shopping Spree

Politics and Society

albania-to-start-election-of-new-president
24 May 12 / 10:00:39

Albania to Start Election Procedure for New President

On Thursday, Albania's parliament will start the procedure for the election of a new head of state, with the ruling Democrats under pressure to select a candidate based on consensus.

Culture and Lifestyle

albania-cancels-broadcast-of-eurovision-after-deadly-bus-crash
22 May 12 / 15:15:39

Albania Cancels Eurovision Broadcast After Bus Crash

Albania’s public broadcaster, RTSH, will not broadcast the first semifinal of the Eurovision song contest on Tuesday as a mark of respect for the victims of Monday's bus crash.

17 May 12 / 14:35:41

Globe to Globe

16 May 12 / 16:24:51

Culture Watch Award Announced