Public debt in Albania has followed a clear downward trend in the first quarter of 2026, falling to 48.79% of GDP, the lowest level recorded in the past decade. Preliminary data from the Ministry of Finance show that the decline is not only linked to economic growth but also to …
The World Bank projects that the economy of Albania will grow by 3.4% this year, mainly driven by tourism. However, the institution warns that the conflict in the Middle East remains a major risk that could slow economic growth. It calls for stronger structural reforms to sustain the current momentum. …
Ferit Hoxha met with the Special Envoy of the Czech Republic for the Western Balkans, Edita Hrda. The meeting focused on EU enlargement in the region. Both sides reaffirmed their shared commitment to the enlargement process of the European Union in the Western Balkans. They described it as a strategic …
Albanian Telegraphic Agency presents archival photos taken 40 years ago, on April 29, 1986. Photographer Meksi Xhufka captures the images during the artistic program “Bashkë me ju.” The production stages the show at the “Partizani” Sports Palace (today “Asllan Rusi”), instead of the Albanian Television studios. The photos show well-known …
TIRANA, April 29 – Albanian company Kayo and Italian shipbuilder Fincantieri signed an agreement in Tirana to produce vessels at the Vlora Bay naval base in Albania. The project will serve the Albanian Armed Forces and allied countries. Prime Minister Edi Rama and Defence Minister Ermal Nufi attended the signing …
TIRANA, April 29 – Justice Minister Toni Gogu meets Austria’s Justice Minister Anna Sporrer in Tirana. The talks focus on Albania’s European Union integration process and cooperation in the justice sector. Gogu says Albania enters a decisive phase in negotiations with the European Union. He adds that the country advances …
TIRANA, April 29 – The Central Procurement Operator takes part in an international workshop in Poland organised by the European Bank for Reconstruction and Development. The event focuses on integrating Environmental, Social and Governance criteria into public procurement, a key priority in European sector reform. In this context, the institution …
TIRANA, April 29 – Albania and Italy agreed to jointly produce military vessels, initially for the Albanian Armed Forces and later for export markets. Albanian company Kayo will carry out production in cooperation with Italian shipbuilder Fincantieri S.p.A. The agreement was signed in Tirana by Kayo chief Ardi Veliu and …
TIRANA, April 29 – Kayo chief Ardi Veliu said on Wednesday that the agreement with Italian shipbuilder Fincantieri will increase employment and support the modernisation of the Albanian Armed Forces. Officials signed the agreement in Tirana during a ceremony at the Prime Minister’s Office. The project will produce vessels at …
The head of the World Bank in Albania stated that the Albanian economy continues to demonstrate resilience, but in order to sustain this pace and turn it into long-term development, faster reforms and greater investment in human capital are required. Speaking during the presentation of the regional economic report, Emanuel Salinas Paolucci emphasized that the main …