Tirana, Jan. 28, 2008 (AE) – The Bank of Albania decided on Wednesday to slash its base interest rate by 0.5 per cent, after weeks of heavy pressure from banks and media. REPO interest rate is now 5.75 per cent.
The Serbian dinar continued to mark a record slide in value to 95.65 dinars to the euro despite interventions by Serbia’s central bank to try to stabilise it.
Tirana, Jan, 27, 2008 (AE) – An association of construction companies in Tirana asked for “immediate government help” on Monday, claiming that the Global Financial Crisis could sent them into bankruptcy.
Tirana, Jan, 27, 2009 (AE) – Internet penetration rate in Albania grew to 18 per cent during 2008, compared to 15 per cent in 2007, but it is still too low while Internet connections remain quite expensive, Top Channel TV reported on Monday.
Tirana, Jan. 27, 2008 (AE) – Albania’s third mobile operator, Eagle Mobile, won a bid to offer its mobile services for the employees of public administration, thus earning as much as 60,000 new customers, the company announced.
Efforts by Tirana to dismiss an Albanian deputy in the assembly of the Council of Europe, CoE, have temporarily frozen Albania’s voting rights and created a political storm at home
Serbia’s dinar currency hit a record low on Monday, with its official middle exchange rate at 95.4564 dinars to the euro, a drop of some seven percent this year.
Kosovo’s public servants and pensioners will get a pay rise next month, with civil servants receiving a 10 percent increase, while pensioners, people on social assistance and war veterans and their families will get a 12 percent increase.
Bulgaria’s Minister of Energy and Economy Petar Dimitrov said on Wednesday that the austerity measures in natural gas consumption would be lifted after Russia and the Ukraine resolved their gas pricing dispute.
One miner was killed and another injured on Sunday after a gallery collapsed at a chromium mine in the town of Bulqiza, in northern Albania.