Albania is reportedly seeking a 600 million Saudi Riyal loan (€109.8 million) from the Gulf Kingdom in order to finance the construction of a new parliamentary complex in Tirana.
Besar Likmeta Tirana
Serbian President Boris Tadic and Benetton Group President Luciano Benetton were in Nis on Tuesday, where the Italians acquired local textile maker Nitex for three million euros.
Banks in Albania experienced another weak earnings month in April despite robust growth in deposits and loans while the nonperforming loans showed the fastest monthly increase since January, statistical data collected from the Central Bank shows.
The International Monetary Fund announced on Wednesday that had interrupted the Stand-By Arrangement with Kosovo due to the Kosovo’s government decision to carry on with its spending programme.
“An 18-month Stand-By Arrangement (SBA) approved by the IMF Executive Board in July 2010 was interrupted in 2011,” the IMF announced in Pristina. IMF,