Home » 2008 » December (Page 2)

JCR Assigns BB+ Sovereign Rating to Albania

Tirana-JCR Eurasia Rating has assigned a sovereign rating of ‘BB+’ (double B plus) to Albania on the long term scale and ‘B’ (single B) on the short term horizon.

Germany Helps Albania Boost Water Utilities

Tirana- German government-owned development bank, KfW, signed a 1.5 million Euro loan with Government of Albania on Tuesday, the Ministry of Finance said in a press release.

S&P Upgrades Bosnia Credit Rating to B+

Sarajevo-Standard & Poor’s Rating Service has upgraded Bosnia’s credit rating to “B+ with stable outlook,” the country’s central bank said.

Albania Trade Deficit Jumps 29 Per Cent

Tirana– Albania’s trade deficit increased by 29 per cent on yearly bases in October, data from the National Institute of Statistics shows.

Albania Oil Refinery Privatized

Tirana – Anika Enterprises, Refinery Associates of Texas & Mercuria Energy Group, that early this year won a public tender for the oil refinery ARMO, declared on Tuesday that they have paid the sum of 128.7 million euro to the Albanian government.

Albania Seeks New Commercial Loan

Tirana- The Ministry of Finance of Albania opened a bid for a commercial loan ranging from 200 to 250 million Euro for the next year, due to fears that economic downturn can cause problems in state revenues.

Albania-Israel Establish Shipping Route

A new shipping service offers transit time of 10-12 days from Israel to Duress, via Gioia Tauro, reports Port2port.com

Rights Group Seeks Impeachment for Albania Ethnic Greek Mayor

The Albanian Human Rights Group, AHRG, asked on Sunday the government and parliament to impeach the ethnic Greek mayor of the town of Himara in Southern Albania, who asked Greece not to back a key deal seen as a vital step in Albania’s EU bid.

Balkan Earthquake is Felt Far Away

From the Basque country to the Caucasus, the implications of the former Serbian province’s march to independence are being followed – and debated

US Enacts Preferential Trade Deal With Kosovo

A few weeks before handing over his mandate, United States President George W. Bush has included Kosovo in a list of developing countries that may export goods to the U.S. without customs tariffs under the “Generalized System of Preferences” programme.