Tirana, 13 June 2011 (albanianeconomy.com) Non-farm employment in Albania increased by 4.3 per cent to 248,375 employees during the first semester 2011 year on year basis, figures published by the Institute of Statistics shows. Employment in Albania had continued to grow despite the mounting business difficulties of the last two years albeit from a small basis.
Tirana, 9 June 2011 (albanianeconomy.com) Association of Banks of Albania expressed publicly concern over the difficulties experienced by several banks in confiscating and liquidating the collateral of the underperforming loans, urging the government to facilitate the procedures.
Tirana, 9 June 2011 (albanianeconomy.com) The Consumer Price Index stood at 4.2 per cent on May compared to one year earlier despite the seasonal cooling effect of locally produced agricultural goods, the national Institute of Statistics announced.
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
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.
Deputy Assistant Secretary, Bureau of European and Eurasian Affairs Tom Countryman criticizes the Central Election Commission decision to count votes in the wrong ballot boxes
The Government of Albania had decided to introduce tolls on its first highway in order to pay for its maintenance and intends to privatize other highways currently under construction, the Prime Minister Sali Berisha said on Tuesday.
EU foreign policy chief Catherine Ashton and Enlargement Commissioner Stefan Fuele on Tuesday expressed doubts over the legality of the results in the race for Tirana mayor.
(albanianeconomy.com) Opposition leader Edi Rama said on Tuesday that he will challenge the Central Election Commission decision to declare the government backed candidate Lulzim Basha as winner of the mayoral race for Tirana “in legal ways”. Mr. Rama, who according to CEC decision lost by 81 votes out of 250,000, said he is confident that the Electoral Court will undo the decision and will declare him winner.
Exports of Albania jumped by 38 per cent this year due to increased prices of petroleum in the international market and revival of country’s footwear and textiles industry, the National Institute of Statistics announced on Monday.