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dutch-airline-to-fly-tourists-to-albania
22 May 13

Dutch Airline to Fly Tourists to Albania

ArkeFly, the Dutch leisure airline, has introduced a new service to Albania with a direct flight between Amsterdam and Tirana International Airport, TIA.

Latest Business News

albania-seeks-aliyev-s-blessing-for-gas-pipeline
09 Apr 13

Albania Seeks Azeri Blessing for Gas Pipeline

Prime Minister Sali Berisha on Sunday asked Azerbaijan's President, Ilham Aliyev, to support construction of the Trans-Adriatic gas pipeline, TAP.

serbia-tops-illicit-financial-flows-list
20 Mar 13

Serbia Tops Balkans For Illicit Financial Flows

The organisation Global Financial Integrity has ranked Serbia worst of all Balkan countries when it comes to illegal financial flows.

corrupt-administration-cost-albania-e97-3-million-in-2åaa2
20 Mar 13

Cost of Mismanagement Rises in Albania

The annual report of the High State Audit office says poor management of state-owned companies cost Albania twice as much in 2012 as it did the previous year.

albania-accuses-kosovo-of-trade-war-over-milk
06 Mar 13

Albania Accuses Kosovo of Dairy Trade War

Albanian minsters say Kosovo is making use of consumer worries about levels of aflatoxin in milk to damage the commercial interest of Albanian dairies.

albania-minister-to-be-grilled-on-food-safety-concerns
01 Mar 13

Albania Minister Faces Grilling on Food Safety Concerns

The Socialist opposition said it seeks a hearing with the minister of agriculture on the presence of dangerous toxins and hormones in Albanian milk and meat products.

contaminated-milk-still-sold-in-albania-s-stores
28 Feb 13

Suspect Milk Still on Sale in Albania

After Albanian authorities told dairies to withdraw milk suspected of contamination with the M1 aflatoxin from the market, it is still on sale in stores, Balkan Insight can confirm.

czech-power-giant-creates-uproar-in-balkans
20 Feb 13

Bulgaria Moves to Scrap Czech Power Giant's License

Bulgaria could become the second country in the region to oust the Czech electricity company CEZ, after violent protests against hefty electricity bills led to the PM's resignation.

albania-key-interests-rate-at-historic-low
31 Jan 13

Albania Slashes Interest Rate to Historic Low

The central bank cut the key benchmark interest rate on Wednesday by 0.25 per cent to a historic low of 3.75 per cent in an effort to kick start the stagnating economy.

albania-nationalizes-cez-s-troubled-subsidiary
22 Jan 13

Albania Nationalizes Troubled Power Firm

The Albanian energy regularity agency, ERE, on Monday stripped the local subsidiary of the Czech power giant CEZ of its operating license, effectively taking it back into state control.

macedonia-tops-region-in-index-of-economic-freedom
11 Jan 13

Macedonia Tops Region's Economic Freedom Index

Macedonia tops the region in the 2013 Index of Economic Freedom, annually compiled by The Wall Street Journal and The Heritage Foundation.

albania-oil-company-registers-production-growth
09 Jan 13

Albania Oil Company Registers Growth

Bankers Petroleum announced that its production of crude oil from Albania rose by 3.5 per cent in the last quarter of 2012.

albania-power-privatization-losses-1-billion
20 Dec 12

Albania Accuses Power Company of Losing $1bn

Albania has accused the power giant, CEZ, of causing a loss of $1 billion (€760 million) as a result of its poor management of a local electricity distribution branch.

western-balkans-struggle-through-double-dip-recession
19 Dec 12

Balkans Face Sluggish Growth in 2013, Bank Says

World Bank report predicts feeble return to growth next year, urging Southeastern European countries to reduce their debt levels and advance reforms leading to greater productivity and competitiveness.

cez-group-offers-albania-subsidiary-for-sale
18 Dec 12

CEZ Group Offers Albania Subsidiary for Sale

The Czech power company CEZ announced on Monday that it plans to sell its troubled electricity distribution subsidiary in Albania, CEZ Shperndarje.

albania-accuses-cez-of-inciting-social-unrest
18 Dec 12

Albania Accuses CEZ of Inciting Social Unrest

The Albanian government threatened on Sunday with criminal prosecution the Czech power giant CEZ for cutting electricity to local customers, who have held a series of protests over the last week.  

Sponsored Article

Find Your Property Partner: "Bora Property Albania"

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.

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neighbourhood-crises-hobble-albania-s-recovery
03 Oct 12

Neighbourhood Crises Hobble Albania’s Recovery

Albania faces another year of sluggish growth as foreign investors shy away, domestic consumers keep savings in the bank and recession deepens in neighbouring Greece and Italy.

Politics and Society

albania-parties-heed-call-for-donor-transparency
24 May 13

Albania Parties Ignore Call For Donor Transparency

Open Data Albania, a Tirana-based watchdog group, says political parties are failing to make public their lists of campaign donors ahead of the June 23 elections.

Culture and Lifestyle

troubled-albanian-museum-sunk-by-hoxha-row
21 May 13

Troubled Albanian Museum Sunk by Hoxha Row

Donors spent hundreds of thousands of euro building a new museum in Gjirokastra - but the results were questionable and it ultimately closed over an ideological dispute.