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Houses cheaper in coastal areas

Real estate market in coastal areas is “revitalizing” from the purchases of Kosovars, who are estimated to have spent more than 30 million euro on buying apartments, mainly in Durres…

Light in the end of tunnel

Distances are shortening and the eastern and southern neighbors can be reached faster. Construction works pace in Tirana-Elbasan road is considered as good, while the construction cost is cut as…

Report/ 2011: FDIs decline by 10%

Foreign Direct Investments (FDIs) in Albania declined by 10% in 2011. This figure is published in the latest statistical report of the Bank of Albania, where it confirmed 711.8 million…

Albania-Kosovo the missed power link

Previous week has been full of mutual charges related to the tender procedures for one of the biggest projects in Albania – that of establishing the key electric power grid,…

Consumption/ Inflation rate only 1%

The current year seems completely different from 2011 in terms of inflation rate. In March, it marked the level of 1%, which according to the experts comprises a signal for…

Tourism destiny

That this year will continue to be difficult for the economy it is already confirmed. There are many indications announced from various institutions that make us to believe it. Fiscal…

Investments stall

Investments of the local entrepreneurs have fallen to the minimum, while the Government is trying to “lure” them through the flat tax and VAT reduction. Albania is losing the “battle”…

Opportunity that risks being lost

Potentials of health tourism in Albania are not missing, but better organization in Serbia risks attracting more tourist-patients. Pricing of dental and esthetical treatment services are cheaper in Albania, but…

Visit Turkey – Albania safe country for investments

Visit of the Prime Minister Sali Berisha to Turkey highlighted the closer political and economic ties that both countries have historically kept with each other. After a tête-à-tête meeting with…

A lot in paper, fewer in rivers

Energy Regulatory Entity Report 2011 shows a slowdown in the electric power production level by the private sector, which covers about 2% of the total needs of Albania.   There…

Weak home market

Loans and demands for home are declining at the situation of robust saving tendency by the consumers. Year 2012 is expected to mark a shrink in mortgage loans, while the banks…

The fear of 2012!

Data from INSTAT on the Gross Domestic Product (GDP) of 2011 confirmed in general a positive overview for the Albanian economy in 2011. A growth by 3.1%, although under the…

Business still hopes

Fiscal amnesty process is closing, but the business still hopes for a more comprehensive project, while the Prime Minister leaves open the possibility for amnesty repetition Fiscal amnesty outcome was…

Remittances/ Greek crisis – why the emigrants are not returning home?

Albanian emigrants living in Greece have preferred not to abandon the neighboring country, but rather to start their "savings" in different ways. Not all of them have thought that the…

Business still pessimist

Business expect a gloomy year in activities and investments, while the individuals are reinforcing their savings Written by Laura Çela Even during the last quarter the economy did not conveyed…

In the same direction!

As it was announced, the Bank of Albania eased for the second time this year its monetary policy, bringing the REPO (repurchase agreement) at their historic lowest level at only…

Budget/ Budgetary deficit in 2012 at 2.2%

Albania is committed to implement the Fiscal Compactness Treaty singed only few days ago by 15 EU Member States. In the weekly meeting with MPs, the Prime Minister Sali Berisha…

Albetrol – devils is in the details

That the time for Albpetrol to be transferred to the private company has come it is very obvious, especially now. Since time the oil giant was exhausted and decrepit in…