ContourGlobal gets support to build new coal power plant in Kosovo

Kosovo Prime Minister Ramush Haradinaj said Tuesday the U.S. power company ContourGlobal will proceed with plans to build a 500 megawatt (MW) coal-fired plant in Kosovo. In October 2018 the World Bank confirmed that they will not support a coal power plant in Kosovo because it would use coal rather than renewable fuels.

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Bank of Albania Keeps Base Interest Rate Unchanged at 2.5%

The Supervisory Council of the Bank of Albania has decided to keep the base interest rate unchanged at 2.5%. Governor Gent Sejko announced the decision during a press conference. He also said the Council kept the overnight deposit rate unchanged at 1.5% and the overnight lending rate at 3.5%. The …

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Begaj Attends 25th Anniversary of Albania–US Military Cooperation

President Bajram Begaj attended the 25th anniversary ceremony of cooperation between the Albanian Armed Forces and the New Jersey National Guard in Zall-Herr. During the event, officials from Albania and the United States gathered alongside senior defense representatives. In his speech, Begaj stated that the strategic partnership with the United …

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President Begaj Calls US Strategic Partnership Cornerstone of Albania’s Foreign Policy

President Bajram Begaj attended the 25th anniversary ceremony of cooperation between the Albanian Armed Forces and the New Jersey National Guard in Zall-Herr. He said the strategic partnership with the United States is a key pillar of Albania’s foreign policy and security. He described the cooperation as one of the …