Albanian PM Accused of Allotting Island to Trump’s Son-in-Law to Win Favour

A firm linked to Jared Kushner was granted ‘strategic investor’ status just weeks before the new US president’s inauguration, even without a business plan or feasibility study for the construction of a luxury resort on an uninhabited island once used by the army for shooting practice.

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Albania strengthens aviation emergency response with search-and-rescue drill

Albania will test its aviation emergency response capabilities today through a planned search-and-rescue exercise near Tirana International Airport. The drill, named SAR-2026, will run from 10:30 to 12:00. The National Search and Rescue Centre is organising the exercise with institutions responsible for aviation emergencies. Participants include the Armed Forces, Tirana …

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Bank of Albania keeps key interest rate unchanged at 2.5%

The Bank of Albania has kept its key interest rate unchanged at 2.5%. The Supervisory Council announced the decision on November 3. Governor Gent Sejko also confirmed that the overnight deposit rate will remain at 1.5%. Meanwhile, the overnight lending rate will stay at 3.5%. Sejko said the decision reflects …

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FM Hoxha: Albania seeks merit-based European Union membership, not shortcuts

Albanian Minister for Europe and Foreign Affairs Ferit Hoxha attended the international conference “EU Enlargement: Assessing New Concepts and the Outlook for 2027,” organised by the German Council on Foreign Relations. Hoxha said geopolitical realities had made enlargement a strategic and security necessity for Europe. However, he stressed that this …