Green for growth fund to invest in landmark renewable energy project in Albania
TIRANA, March 11, 2023 – The Green for Growth Fund (GGF) has announced a EUR 28 million loan to fund a landmark transaction with SPV Blue 1 in Albania. The privately owned project marks a significant milestone in the history of energy production in Albania, as it is the largest …
Red and Blacks look for fresh start as Albania plays Poland for Euro 2024 qualifier
TIRANA, March 27, 2023 – Albania will begin their quest for a spot in the 2024 European Championship against Poland in Warsaw on Monday, hoping to break their seven-game losing streak against the hosts. The Red and Blacks will have their first match under Brazilian coach Sylvinho, who aims to …
In widely-condemned violent attack on media, shots fired at key Albanian TV channel headquarters, killing guard
TIRANA, March 27, 2023 – In what the media and authorities are calling “a terrorist act,” unidentified gunmen used automatic weapons to shoot at the headquarters of one of Albania’s largest private television stations, Top Channel, shortly after midnight on Monday, killing a security guard on duty. The attack on …
In Tirana visit, Kosovo PM discusses contentious deal with Serbia
TIRANA, March 27, 2023 – Kosovo Prime Minister Albin Kurti visited Tirana over the weekend, holding discussions with Albania’s top leaders and focusing on his country’s ongoing dialogue with Serbia, which has been high on the agenda in recent months. Earlier this year, agreements to normalize relations between Kosovo and …
Albania’s central bank raises key rate by 0.25%
TIRANA, March 23, 2023 – Albania’s central bank has raised its key interest rate by another quarter of a percentage point in its attempt to fight inflation, the Bank of Albania governor announced in a press conference. The decision of the bank board brings the rate to 3 percent, directly …
As number of young workers declines, over 65s working at higher rates
TIRANA, March, 25, 2023 – While Albania’s employment indicators have improved year over year, since 2020, the number of employed people is decreasing in the younger population groups, while it is increasing among the elderly. In the fourth quarter of 2022, there were about 52,500 more people employed than in …
Albanian PM visit to London focuses on migration woes
TIRANA, March 23, 2023 – Albanian Prime Minister Edi Rama visited London on Thursday in the first ever official visit of an Albanian head of government to 10 Downing Street, but the visit was marred by taking place with the backdrop of the controversy that has been going on for …
Albanians get visa-free access to UAE, part of larger expansion into Asia
TIRANA, March 23, 2023 – Starting on April 20, citizens of Albania will be able to travel visa-free to the United Arab Emirates, home of renowned cities and major airports, including Dubai and Abu Dhabi, the Albanian government has announced. UAE citizens are also able to travel to Albania without …
Albania’s Mild Punishments for Electoral Crimes Undermine its Democracy
The few and minimal sentences handed down by the justice system for electoral corruption do little to discourage such violations, according to experts – and undermine the path towards democracy. Original post Here
Rama: Sports betting revenue will go to culture and tech
Prime Minister Edi Rama has underlined Tuesday that sports betting revenue will go to the projects and needs of sports federations, the culture sector, and various groups that are interested in cultural projects. In his speech, PM Rama underlined that there will be a new structure that will supervise this …