AlbanianEconomy.comYour News from Albania
Albania to Emit €300 Million in Eurobonds
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.
Albanians Optimistic Despite Economic Crises
The majority of Albanians believe things have deteriorated during the last 12 months but remain optimistic about the future, a new survey conducted by the Tirana based Monitor Research Center reports.
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.
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.
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.
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.
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
Albania Fines Flour Mills for Fixing Prices
Albania’s Competition Authority fined on Tuesday the country’s two biggest flour mills, after an investigation found them guilty for fixing prices and sharing the local market.
