AlbanianEconomy.comYour News from Albania
Christian Democratic Party appoints a mufti to run for major of Rogozhina
Tirana, 31 Jan. (AENews) – Christian Democratic Party (CDP) appointed a mufti as its candidate to run for major of Rogozhina town in central Albania. This has caused protests as well as some bewilderment in the Media.
Media Review – 31 January 2007 (AENews)
Albanian Prime Minister Sali Berisha signed Tuesday an agreement with Bill Gates in Edinburgh, Scotia, for 6,000 computers, which will be used for schools in Tirana. Microsoft will also help Albania to implement an information exchange system for the government (e-government). In exchange Albania will commit to respect software copyright requirements. Microsoft will be offering [...]
Albania to begin construction of first important Thermal Power plant
Tirana, 26 Jan. 2007 (AENews) – KESH announced today that construction of the first major thermal plant in Albania was in February of this year. This will be Albania’s first important energy generation plant since 1986.
Macedonia’s name used by Albanian writer causes a “Diplomatic incident†in Athens
Tirana, 26 Jan. 2007 (AENews) – Albanian writer Ismail Kadare has caused a “diplomatic incident” in Athens, by using the name “Macedonia”, which is considered by Greeks as theft of their national heredity, according to the Tirana daily Shqip.
Media Review – 26 January 2007 (AENews)
Ministry of Finance experts are trying to resist KESH’s demand for a loan, unidentified sources told ABC daily. “We are under political pressure to issue Lek 2 billion (USD 20 million) loan to finance KESH’s cash flow needs, but we do not have the legal tools to do that”, the source said.
Media Review – 25 January 2007 (AENews)
KESH sh.a announced Wednesday that it signed contracts to secure electricity imports for whole year 2007. Several foreign companies accepted to supply 1.2 Billion kWh at an average price of 8 EUR-cents for kWh. ABC daily
Government assists KESH finance electricity imports
Tirana, 23 Jan. 2007 (AENews) – State owned monopoly for electricity, KESH sh.a., has asked for urgent funds from the government to cover its short-term cash flow needs, Albanian minister of Finance declared Monday at a press conference.
Albania’s economy 61.4% free
Tirana, 22 Jan. 2007 (AENews) – Albania is ranked 30th in a list of 41 European countries in the 2007 Index of Economic Freedom published in Washington by The Wall Street Journal and the Heritage Foundation.
Political turmoil in Albania, oligarch returns
Tirana, 16 Jan. 2007 (AENews) – Someone has referred to him as "an oligarch of Albanian politics". Former Prime Minister and former head of Socialist Party, Mr. Fatos Nano, declared Monday night his plan to return in the game after 18 months of retreating as a politician. Mr. Nano presented his latest idea about "cleaning [...]
Crude oil price hike for Albanian refinery
Tirana, 11 Jan. 2007 (AENews) – The main operator of oil fields in Albania, Bankers Petroleum, said today it had concluded negotiations with its privileged client ARMO sh.a for the price of the crude oil supply for 2007.
