A 45 year old, involved in the microcredit scandal kills himself

A serious event happen this Saturday morning in Tirana, where a 45-year-old man killed himself by jumping from the height of a building under construction. The victim is Olsi Ibro, who was involved in the microcredit scandal. Ibro has owned for a long period of time the company MCDA, which was placed in sequestration a […]

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Ahmetaj Calls for Stronger Transparency and Consumer Protection in Microfinance

Second Deputy Governor of the Bank of Albania, Natasha Ahmetaj, called for stronger transparency and consumer protection in the microfinance sector. She spoke during the 28th Annual Conference of the Microfinance Centre. The event focused on the future of microfinance and its social mission. Ahmetaj said microfinance must remain an …

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Clear weather across the country with light cloud cover

TIRANA, May 20 – The Military Meteorological Service said Albania will experience stable atmospheric conditions on Wednesday. The weather will be clear across the territory. Light and temporary cloud cover will appear in mountainous areas in the east from midday to the afternoon. Wind will blow from the northwest to …

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Green light for “Gateway to the Alps” as economy committee approves European Investment Bank funding for northern infrastructure

TIRANA, May 20 – The Committee on Economy, Employment and Finance has approved a draft law that opens the way for financing one of the most important infrastructure projects in northern Albania, known as “Gateway to the Alps”. The committee, led by chair Milva Ekonomi, reviewed the financial agreement between …