The Albanian Ministry of Finance has opened a tender for a bond management company in a bid to emit 300 million in euro denominated bonds.
Floods in the low plains in northern Albania have led to a rapidly deteriorating situation during the last 24 hours, and meteorologists warn that the worst is not yet over. The Albanian government said on Monday that intends to force the evacuation of villagers who refuse to abandon their homes.
Several hundred families had been evacuated from their premises in Albanian low plains near the Drini and Mati rivers while their houses and farmlands were flooded by an unprecedented amount of water.