ABB, the leading power and automation technology group, has signed a $20m contract with the operator of Albania’s electricity transmission network for a system that will improve the reliability of the grid by monitoring and controlling high-voltage transmission.
Tirana, 28 October 2008 – Albania’s Central Bank is to limit the investments foreign banks in the country make to their parent companies, in an effort to thwart the effect of the global financial crisis. According to the new regulations, foreign banks currently operating in Albania would not be allowed to invest more than 10 [...]
The Albanian opposition has restated its demands to hold a extraordinary parliamentary hearing to grill the Albanian Premier Sali Berisha over his ties to Bosnian businessman, Damir Fazlic.
Bank of Albania tightened credit risk management rules this month, in order to reduce exposure of local banks to international financial crisis
Tirana, 26 Oct. 2008. (AENews) Italian Minister of Foreign Affairs Gianfranco Frattini, conditioned visas liberation process with controversial Italian investments in electricity generations in Albania, according to local news agency Balkanweb.
27 October 2008 Tirana (BalkanInsight) – US President George W. Bush has signed NATO agreements that put Albania and Croatia a step closer to joining the security alliance, calling it a historic step for the Balkans.
24 October 2008 Tirana (BalkanInsight) – The United States is taking another step towards getting Albania and Croatia quickly integrated into the NATO military alliance by signing the key accession protocol.