AlbanianEconomy.comYour News from Albania
GE threatened to bring charges against Albanian government
Tirana, March 28 (AENews) – The Italian subsidiary of General Electric (GE) has allegedly threatened to bring charges against the Albanian government for blocking implementation of a project signed by the previous government for the renovation of the Tirane–Durres railway.
British Airways to start its first ever flights to Albania
Tirana, March 23 (AENews) – British Airways (BA) announced it would start a number of new routes this summer, including its first ever flights to Albania’s capital Tirana.
British Airways to start its first ever flights to Albania
Tirana, March 23 (AE) – British Airways (BA) announced it would start a number of new routes this summer, including its first ever flights to Albania’s capital Tirana.
Albanian government experiencing difficulties in parliament
Tirana, March 22 (AENews) – The governing coalition of Albania has
entered a insecure period as regards its own parliamentary majority
after Albania’s President, Alfred Moisiu decreed the return to
parliament of a bill which represented a guiding policy for the right
wing government, since it came to power in September of last year.
Increased structural risk for banks in Kosova (table)
Tirana, March 18 (AENews) – After the liquidation of BKP bank in Kosova, experts are concerned over what they call “structural problems” created in these years due to the yet unresolved status of the disputed territory of Kosova.
MinFin and Bank Governor to attend ministerial conferece
Tirana, March 16 (AENews) – Albanian Minister of Finance Bode Ridvan and Bank of Albania Governor Ardian Fullani will attend a ministerial conference on accounting reform and institutional strengthening in South Central and South East Europe on March 16, 2006. The conference is sponsored by the World Bank, the Austrian Development Agency and the European [...]
World Bank approves US$ 15.4 million loan for health system in Albania
Tirana, March 14, (AENews) – World Bank announced today that it had approved a new loan of US$15.4 million to finance the Health System Modernization project in Albania.
Albania outstands in SEE Penetration of Foreign Banks
Tirana, March 13 (AENews) Albania together with Bulgaria appear to top the South East European region in holding one of the highest percentages of penetration of foreign banks, according to figures released on Sunday by the Union of Greek Banks (EET).
Kosova’s Banking Authority closed down fifth bank
Tirana, March 13 (AENews) The Banking and Payments Authority of Kosovo, (BPK), ordered today the closing of Credit Bank of Pristina, (Banka Kreditore e Prishtinës).
Saxon Int’l signs contract with Italian refinery for Albanian crude oil
Tirana,
March 11 (AENews) – End of February 2006 Bankers Petroleum Ltd, announced that its
wholly owned subsidiary Saxon International Energy had entered into a contract
with an Italian refinery to process about 3,500 to 4,000 metric tons of crude oil per month from Patos Marinza oilfield in Albania.
