Albania recorded around 788,000 euro transfers worth €8.7 billion during its first 11 months in the Single Euro Payments Area (SEPA). The system has significantly reduced cross-border payment costs for individuals and businesses since it began operating in Albania on October 7, 2025. Bank of Albania data show that individuals …

Prime Minister Edi Rama said Albania has moved closer to its historic goal of joining the European Union after the bloc gave the green light to close negotiations on Chapter 20, which covers Enterprise and Industrial Policy. In a social media post, Rama said the latest development strengthens Albania’s prospects …

EU member states have approved an intergovernmental conference with Albania on October 13 in Luxembourg, paving the way for the provisional closure of Chapter 20 on Enterprise and Industrial Policy. The Committee of Permanent Representatives (COREPER) approved the meeting after reviewing Albania’s progress on business development and industrial reforms. Chapter …