Bank loans drive life insurance growth, while fires and natural disasters raise property payouts by 20%
TIRANA, August 25 – Albania’s insurance market maintained steady growth from January to July 2026. Insurance premium income reached ALL 15.92 billion. Meanwhile, payouts to citizens rose by more than 12% to ALL 5.41 billion. Bank lending has strongly driven growth in life insurance, making it one of the market’s …
Albanian Football Federation seeks donors for 2 football fields for ethnic Albanians in southern Serbia’s Presheva Valley
TIRANA, August 25 – The Albanian Football Federation has launched a project to build 2 modern football fields in the Presheva Valley in southern Serbia, an area with a predominantly ethnic Albanian population. One field will be built in the Municipality of Presheva and the other in the Municipality of …
Term Deposits in Albanian Lek Increase by 14.8% in June
TIRANA, August 25 – Term deposits in the Albanian Lek (ALL) continued their upward trend in June 2026. According to data from the Bank of Albania, they exceeded ALL 244 billion by mid-year, marking a 14.8% increase from the same period in 2025. The growth rate accelerated from the end …
Rising number of foreign residents’ prompts expanded capacity for residence permits
TIRANA, August 25 – The number of foreigners holding residence permits in Albania reached 32,163 at the end of 2025, according to data from the Institute of Statistics. The figure increased by 46.6% from 2024. Men accounted for 65% and women for 35%, while people aged 30–39 represented the largest …
Epidemiologist Vasili on West Nile fever: Starts like mild flu, does not spread between people
TIRANA, August 25 – Epidemiologist Adela Vasili of the Institute of Public Health said West Nile fever spreads only through infected mosquitoes and not from person to person. She discussed the main symptoms after Albania confirmed its first case in Korça. Meanwhile, Vasili said authorities have confirmed no other suspected …
EU enlargement: Marta Kos proposes gradual integration and stronger safeguards
TIRANA, August 25 – European Commissioner for Enlargement Marta Kos has presented key elements of the European Commission’s plans to reform the European Union enlargement process. Euronews reported that the proposals include gradual integration, stricter checks on candidate countries and a new methodology. Speaking at the Croatian Ambassadors’ Conference in …
PM Rama: New political season should focus on citizens’ concerns
TIRANA, August 25 – Prime Minister Edi Rama said the new political season should bring stronger engagement with citizens and greater attention to their concerns. He spoke during a 2-day meeting in Pogradec with government ministers and Socialist Party political leaders from across Albania. Rama said the meeting focused on …
Foreign visitor arrivals in Albania top 7 million in seven months, nearly 2 million in July
TIRANA, August 25 – More than 7 million foreign nationals entered Albania in the first seven months of 2026, with nearly 2 million arrivals recorded in July alone. INSTAT reported 1,955,099 foreign arrivals in July, up 7.1% from 1,825,490 a year earlier. From January through July, Albania recorded 7,014,168 entries …
Travelweek highlights Tirana’s transformation into a modern capital
TIRANA, August 25 – Canadian travel media Travelweek has published an article by Tim Johnson on Tirana’s rapid transformation. The report describes the capital as a modern and dynamic city that is attracting growing international tourism. Johnson highlights the changes around Skanderbeg Square. Modern buildings, public spaces, restaurants and renovated …
Ageing vehicle fleet raises pollution risks in Albania, World Bank says
TIRANA, August 25 – Albania faces growing pollution and road-safety risks from its ageing vehicle fleet, according to the World Bank. The country’s motorization rate has increased by 122% over the past 10 years. Of the vehicles registered in Albania, 91% are more than 10 years old. The rest have …
Tourism, Culture and Sports Minister Blendi Gonxhja has highlighted 3 young athletes who are challenging gender stereotypes in sport. Their dedication and daily sacrifices show that talent and success have no gender, he said. Gonxhja shared the stories of footballer Amarda Xhebrahimi, sport shooter Sindi Sula and wrestler Albina Drazhi …
The American Chamber of Commerce in Albania has urged the government to reconsider tax increases proposed in the 2027 fiscal package. It warned that the changes could raise business costs, discourage investment and weaken the country’s competitiveness. The chamber said higher dividend tax, standard value-added tax and some reduced rates, …
The 2027 draft budget allocates ALL 75.4 billion to infrastructure and energy, equivalent to 2.5% of gross domestic product. Finance Minister Petrit Malaj presented the figures at the Conference of Chairpersons. The funding will support transport, railway and port projects, as well as drinking water and sewage systems. Planned water …
The Transparency Board has announced new maximum prices for diesel and petrol. The limits took effect at 15:00 on October 29. Retailers may charge no more than ALL 212 per litre for diesel. The wholesale cap stands at ALL 200 per litre. For petrol, the retail ceiling is ALL 181 …
Kosova President Justina Shiroka Pula met United States chargé d’affaires Anu Prattipati in Prishtina. Prattipati congratulated the president on taking office. Shiroka Pula thanked her for the message. She reaffirmed her commitment to strengthening relations and the strategic partnership between Kosova and the United States. The president also stressed the …
The Albanian Parliament has approved amendments to the Law on the Bank of Albania with 84 votes in favor. The changes provide special legal protections for the governor, restricting the possibility of taking measures against the governor without parliamentary authorization. Under the amendments adopted during Thursday’s plenary session, the governor …
The Albanian Parliament’s plenary session resumed amid tensions after opposition MPs lit flares inside the chamber, blocked the parliamentary rostrum and blew whistles. Following the disruption, Speaker of Parliament Niko Peleshi decided to expel four opposition MPs from the plenary session: Xhelal Mziu, Bledi Himçi, Ivi Kaso and Bledion Nallbati. …
Students have begun marching from Parliament towards the Ministry of Education, continuing their protests for the 17th consecutive day as they demand the unconditional resignation of Prime Minister Edi Rama. A day earlier, students had announced a demonstration outside Parliament to coincide with the start of the plenary session. However, …
The Kosovo Security Force (KSF) has received 12 new Mercedes-Benz Unimog 5T military trucks, adding to its military fleet alongside eight Rheinmetall KX 8×8 trucks that arrived several days earlier. In a Facebook post, Prime Minister Albin Kurti announced that the total number of trucks in these two categories has …
The General Director of the State Police, Skender Hita, visited the Security Academy on Thursday, where around 1,000 candidates are continuing the selection process to join the State Police in General Patrol positions, undergoing medical, physical and psychological assessments. During his meeting with the candidates, Hita welcomed the high level …