Sovereign guarantee and financing package to support businesses preparing for EU single market

TIRANA, July 6 – Prime Minister Edi Rama said on Monday that the government will support businesses as Albania advances toward European Union membership. He spoke during the presentation of a national programme for preparing businesses for EU integration.

Addressing the process, Rama said the government backs enterprises facing the transition to the EU single market. He underlined that the shift remains irreversible and requires adaptation from businesses.

Support from the United Nations Development Programme will shape the programme, he said. International experts will assist companies in building capacity and adjusting to new market conditions.

Turning to small and medium-sized enterprises, Rama described them as a priority for economic growth and job creation. The government will support firms with viable ideas and strong business plans, he said.

The “Double Your Business” programme will introduce a sovereign guarantee and a financing package for expanding companies. The scheme targets businesses aiming to grow, raise standards, and adjust to structural economic change.

Financing will come through the Bank of Albania credit line and agreements with second-tier banks, with low interest rates applied, he said.

Rama added that the government will not impose fixed funding caps. Additional support will follow if needed, he said. Businesses with credible plans will receive financing. Advisory services will help firms prepare applications and business plans.

/a.p./

The post Sovereign guarantee and financing package to support businesses preparing for EU single market appeared first on RTSH English.

Original post Here

News
Tirana Erupts in Chaos as Anti-Government Protests Escalate

Student-led demonstrations turn into violent confrontations, with attacks on state institutions and luxury buildings amid allegations of systemic corruption, police brutality and a deepening political crisis. Tirana Times, October 14, 2026 – Albania’s capital descended into scenes resembling a war zone Wednesday as anti-government protesters attacked state institutions, set fires …

News
Kumbaro Urges Students to Reject Violence Amid Protests

Education Minister Mirela Kumbaro urged students to reject violence as protests entered their second day. She expressed deep concern over attacks on the Education Ministry and other public institutions. “Physical clashes and property destruction must never replace words, arguments and dialogue,” Kumbaro said. The minister defended students’ right to protest …

News
Peleshi Urges Political Parties to Reject Calls for Violence

Parliament Speaker Niko Peleshi condemned attacks on Parliament and public institutions during a violent protest in Tirana. He described the acts of vandalism and destruction as unacceptable. In a social media statement, Peleshi stressed that violence serves no cause and harms the public interest and society. He also rejected attempts …