Arrests at Bankers Petroleum Spark Questions Over Albania’s Oil Industry and Accountability
By Tirana Times Staff FIER/TIRANA, July 2, 2025 — In a stunning development that has shaken Albania’s oil sector, police arrested the current CEO of Bankers Petroleum, Chinese national Hongping Xiao, and the company’s former director, Leonidha Çobo, during a surprise raid on the company’s headquarters in Fier on Tuesday. …
Massive Fraud Uncovered: Bankers Petroleum Under Fire for Decades of Tax Evasion and Billions in Untaxed Oil Revenues
CEO Arrested, €4 Billion in Oil Sales Revealed, and Zero Profit Tax Paid to the Albanian State FIER/TIRANA, Albania (Tirana Times) — Albania’s largest oil producer, Bankers Petroleum, is at the center of a sweeping scandal that prosecutors say involves one of the most egregious cases of tax fraud and …
Rama Rebukes Farage: Albanian PM Slams “One-in-50” Prison Claim as Post-Brexit Scapegoating
While Turning UK Migration Debate into Personal Stagecraft TIRANA TIMES — July 2, 2025 — A fiery public exchange between Albanian Prime Minister Edi Rama and British right-wing populist Nigel Farage has brought the issue of Albanian migration into the political spotlight once again — but this time with a …
Skopje Summit Revives EU Enlargement Hopes — But Ignores the Democratic Erosion in the Balkans
The participants of the Growth Plan Summit, 1 July 2025, Skopje; Photo: European Commission By Tirana Times SKOPJE, July 2, 2025 — The European Union’s renewed enthusiasm for enlargement took center stage at this week’s Growth Plan Summit in Skopje, where EU Commissioner for Enlargement Marta Kos joined the leaders …
Albania’s ‘Lads of London’ Create Bigger Problems for Their Home Country
A social media row between British right-winger Nigel Farage and Albania’s premier Edi Rama over the level of crime committed by Albanians in the UK misses the main point. Original post Here
The Silent Collapse of the Tower Euphoria
By Klodian Tomorri The history of the global economy is filled with well-documented episodes of collective madness. Often, these episodes have culminated in crises that brought even the greatest empires to their knees—such as the Mississippi Bubble or the South Sea Bubble. In other cases, they have devastated the lives …
Balkan Investigative Reporting Highlights: 20 Stories from 20 Years
As BIRN marks its 20th anniversary, here’s a diverse selection of investigations picked from two decades of in-depth reporting on one of Europe’s most complex and challenging regions. Original post Here
Rama Forces UK’s Farage Onto Backfoot Over Albanian Criminals
British far-right leader fails to land a punch with Albania’s prime minister in fiery row on social media over the number of Albanians held in UK jails. Original post Here
NATO’s Defence Spending Plan Poses Challenge for Balkan States
The Western military alliance’s new national spending benchmark on defence and security may cause problems for smaller and poorer NATO member states in the Balkans who cannot afford 5 per cent of GDP. Original post Here
Rule of Law or Rule by Law? Albania’s EU Path Faces a Crisis of Credibility
Jerina Zaloshnja As Albania accelerates the formal process of European Union accession—opening negotiation chapters at a pace that seems to outstrip democratic reforms—it faces an urgent and unavoidable truth: a country cannot genuinely integrate into the EU without first building a functioning rule-of-law society. No volume of technical chapters opened …
Second Deputy Governor of the Bank of Albania, Natasha Ahmetaj, called for stronger transparency and consumer protection in the microfinance sector. She spoke during the 28th Annual Conference of the Microfinance Centre. The event focused on the future of microfinance and its social mission. Ahmetaj said microfinance must remain an …
Council of Europe reports that Albania is among European countries with the highest incarceration and pre-trial detention rates. The findings come from the annual SPACE I report for 2025. The data shows 192 prisoners per 100,000 inhabitants in Albania. At the same time, prison occupancy remains relatively low. Albania records …
TIRANA, May 20 – The Peace Board, created to oversee the Gaza ceasefire, will ask the United Nations Security Council to pressure Hamas to disarm, according to AP. Albania is a member of the Peace Board. A report scheduled for discussion at the Security Council says Hamas’ refusal to surrender …
TIRANA, May 20 – The Committee on Economy, Employment and Finance has approved a draft law that opens the way for financing one of the most important infrastructure projects in northern Albania, known as “Gateway to the Alps”. The committee, led by chair Milva Ekonomi, reviewed the financial agreement between …
TIRANA, May 20 – The Military Meteorological Service said Albania will experience stable atmospheric conditions on Wednesday. The weather will be clear across the territory. Light and temporary cloud cover will appear in mountainous areas in the east from midday to the afternoon. Wind will blow from the northwest to …
TIRANA, May 20 – Prime Minister Edi Rama met South Korean Prime Minister Kim Min-seok during his visit to South Korea. The two leaders discussed ways to strengthen relations between the two countries. Rama said South Korea serves as an inspiration for Albania in national development. He added that both …
Albania aims to reduce development gaps between municipalities through a new territorial reform. Administrative-Territorial Reform Co-Chair Arbjan Mazniku spoke during a public hearing in Durrës. He said balanced territorial development remains a major challenge for local government. Mazniku said the 2014 reform brought positive results. He noted better services and …
Albania’s tax administration met experts from the International Monetary Fund to discuss the implementation of the “Fiscal Peace” package. General Tax Director Ilir Binaj led the meeting in Tirana. The sides reviewed progress on tax reforms. They also discussed the EU Growth Plan, TADAT standards and debt management measures. Officials …
Albania will officially launch the Socca European Championship tomorrow at the House of Football. Organizers built a modern mini stadium for the event. The venue will host matches from 28 national teams over five days. The tournament will begin at 09:00 with the match between Bulgaria and Ireland. Group stage …
Interior Minister Besfort Lamallari said security and territorial control along Albania’s coastline remain key priorities for the tourist season. Lamallari spoke during a meeting in Sarandë with State Police officials, territorial inspectors and local institutions. He referred to recent events in the coastal city, where authorities detained four police officers …