AlbanianEconomy.comYour News from Albania
Winds of Change Blow Past Bosnia
While Western Europe increasingly embraces alternative energy, Balkan states are ignoring the potential gains
Croatia Says To Keep Shares In INA
Croatia has decided not to sell any more shares of the state oil firm, INA, and will seek to redefine its strategic partnership with Hungary’s MOL, said Economy Minister Damir Polancec.
Macedonia To Launch CNN Promo Campaign
Skopje-Macedonia presented the first in a series of tourism promotion adverts that will start running on CNN this week to showcase the Balkan country’s cultural and natural treasures.
Albania Interest Rate Unchanged
Tirana–The Bank of Albania kept its base rate unchanged at 6.25 per cent on Wednesday saying that inflation is under control and macroeconomic stability indicators are “within its main targets”.
Albania to Subsidize Electrcity Bills
Tirana– Albania government intends to pay a 10 million euro in electricity bills for public utilities such as water-supply companies, in the next year, Ministry of Finance Ridvan Bode said in a press conference.
EBRD Provides €10 Million Co-Financing to Leading Albanian Bank
Tirana – The EBRD is extending its support for Albania’s real economy by providing €10 million in co-financing to Albania’s third largest bank, Banka Kombetare Tregtare (BKT).
Albania to Rely on Debt to Elude Crises
Tirana – Albania will ask for debts in the international markets in order to afford the costs emanated from the global financial crisis during 2009, Minister of Finance Ridvan Bode said on Wednesday in a press conference.
Albania T-Bills Rate in Multi-Year High
Tirana, – Albania treasury bills interest rates reached a multi year high on Tuesday as a result of higher demand for cash from the government and scarce offer from banks, data issued by Bank of Albania shows.
Kosovo: Power Games Delay Escape from Poverty
In spite of generous foreign investment, the electricity is still ‘off’ for much of the time in Kosovo – damaging the impoverished country’s prospects.
Violent Row Over Albania Chromium Mine
Tirana– Seven miners went trapped inside a chromium mine in Bulqiza district when a competitive company blocked the entry of the gallery, Balkanweb.com reported.
