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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High Bank Fees Hamper Albania’s Crackdown on Cash

Albanian businesses are required by law to facilitate payments by card but complain of exorbitant bank fees. Original post Here

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Changes to sponsorship law: Gonxhja says businesses can deduct up to 30% of corporate income tax

The proposed amendments to Albania’s sponsorship law aim to encourage businesses to fund sports, arts and cultural activities through tax incentives, Minister of Tourism, Culture and Sports Blendi Gonxhja said today. Under the proposed scheme, businesses could deduct up to 30% of their corporate income tax through sponsorships of activities …

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European Political Community Summit: Rama shares photo alongside European leaders

Prime Minister Edi Rama today shared a photo on social media from the 9th European Political Community (EPC) Summit, showing a group of European leaders and senior representatives walking down an escalator together. At the centre of the photo, Rama appears alongside French President Emmanuel Macron. The European Political Community …