AlbanianEconomy.comYour News from Albania
Albania Raises Overflight Charges
Albania is expected to be one of the 19 out of 34 European countries to raise overflight charges for airlines in 2010, a proposal which has been sharply criticized by the International Air Transport Association, IATA.
Albania Court To Review Greek Territorial Deal
Albania’s constitutional court accepted on Thursday an appeal by the opposition Socialist Party to review the legality of a territorial agreement with Greece, which delineates the continental shelf between the two countries in the Ionian Sea.
Importing Lignite into Coal Rich Kosovo
Balkan Insight has discovered that one of Kosovo’s biggest firms is being forced to import lignite from Malaysia and Indonesia, despite estimates that the newly independent country sits on the world’s fifth largest reserve of the fuel.
Corruption in Balkans Hinders Investments
The 2009 corruption perception index released by the Berlin-based watchdog Transparency International shows that most countries in the Balkans have not improved their position in the global anti-corruption index.
Albania’s Capital Shaken by Earthquake
A light earthquake shook the Albanian capital Tirana, early on Wednesday, with no injures or damages reported.
Albania Oil Tycoon Arrested for Assault
Albanian controversial oil magnate Rezart Taci handed himself over to police in Tirana on Thursday, after the local district court ordered his arrest following charges of assault over the beating of local publisher, Mero Baze.
IMF Delays Romania Funds Due to Political Instability
The International Monetary Fund, IMF, has delayed disbursing an aid tranche to Romania originally scheduled for next month and will resume talks on a standby loan agreement only when the country has a government.
