Illicit Finance: Western Balkans Must Act to Clean Up Dirty Money Problems

National laws may be compliant with international standards but weak oversight, corruption and cash economies hamper an effective battle against money-laundering, says the author of a new report on illicit finance in the Western Balkans.

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Albania–Turkey friendship group to advance youth cooperation

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Edi Rama: Historic neighborhoods of Pogradec to become new development hub

Prime Minister Edi Rama said the historic neighborhoods of Pogradec are being revitalized. He called them a future growth hub for the lakeside city. Historic areas across the country are returning to life. Projects preserve historical and architectural values. They also add new elements. These changes turn the areas into …

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World Bank: Albania economy to grow 3.4% driven by tourism

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. …