AlbanianEconomy.comYour News from Albania
Ismaíl Kadare, Prince of Asturias Award Laureate for Letters
Albanian writer Ismaíl Kadaré has been bestowed with the 2009 Prince of Asturias Award for Letters. The decision was announced by the Jury in Oviedo today.
Ismail Kadare To Receive Prince of Asturias Prize
Albanian writer Ismail Kadare will receive Spain’s highest literary honour, the Asturias prize, at a Friday ceremony in Oviedo.
IMF Mission to Visit Romania
A second IMF mission will review Romania’s progress in achieving benchmarks linked to a major aid package, from October 28 to November 9.
EC Pans Albania’s Custom Reference System
The European Commission, EC, has criticized the reference prices system used by the Albanian Custom Administration to tax imported goods, saying that such system is not in line with EU standards.
EBRD: Albania’s Economy Slowing Down
Albanian economy experienced a good growth rate in the first half of this year, but in two remaining quarters growth will slow, projects the European Bank for Reconstruction and Development, EBRD.
Albania’s Healthcare Budget Lowest in the Region
Albania’s healthcare system, often marred by corruption and graft allegations has the lowest budget in the region spending €238 million, just 2.74 per cent of gross domestic product, GDP, in the current fiscal year.
EBRD Provides Loan to Leading Montenegrin Retailer
The European Bank for Reconstruction and Development, EBRD, is boosting competition in the Montenegrin retail sector by providing a €4.2 million loan to the country’s leading retailer Voli Trade.
Global Crise Raises Albania’s Unemployment
Albania lost 1200 jobs in the non agriculture sector in the first six month of 2009, the National Statistical Institute, INSTAT, reported on Tuesday
Political Developments Spark Kosovo Identity Debate
Following decades of enforced separation, Albanians are discussing how different they’ve become.
MEPs Back Bosnia, Albania for Visa Liberalisation
A European Parliament, EP, committee supports the call of special rapporteur for visa issues, MEP Tanja Fajon, for the acceleration of visa liberalisation for Bosnia and Herzegovina and Albania, once the two countries meet established criteria.
