The central Bank of Albania increased its main interest rates by 0.25 per cent to 5.25 on Wednesday citing growing inflation pressures. This is the first move of the interest rates since December 2009.
Consumer Price Index increased by 4.5 per cent year on year in February surpassing the Bank of Albania target for the first time in eight months and reflecting strong increase in prices of both imported and domestic produced goods.
Latest Energy Regulatory Agency report says electricity prices are forced up by ‘rampant’ theft and technical losses, all of which should be avoidable.
Some mobile phone companies in the region are charging customers using roaming calls almost 30 times more than the price of a domestic call, report says, demanding action.
Tirana, 3 March 2011 (AENEWS) – Delhaize Group the Belgian international food retailer, announced today (3 march) that it has entered into an agreement to acquire 100% of the retail company Delta Maxi Group for 932.5 million including net debt of approximately EUR 300 million, the group announced today in a press release.
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