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Prime Minister Rama says Zvërnec land funds cleared after verification, warns of hybrid influence activity

TIRANA, June 3 – The government said it completed verification of funds used for the purchase of land in Zvërnec. It said investors passed financial checks. However, it said payments to the seller remain frozen due to a separate judicial process. Prime Minister Edi Rama made the announcement after a …

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Costa Visits Kosovo, Meets Haxhiu and Kurti

President of the European Council, António Costa, visited Kosovo as part of his Western Balkans tour. First, Costa met acting President Albulena Haxhiu in Pristina. The two officials discussed issues of mutual interest and Kosovo’s European path. Afterward, Costa held talks with acting Prime Minister Albin Kurti. Meanwhile, the European …

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Program ‘Double Your Enterprise’ launches July 1 with €250 mln fund for businesses

TIRANA, June 3 – Economy and Innovation Minister Delina Ibrahimaj said the government will launch the “Double Your Enterprise” programme on July 1. The scheme aims to support Albanian businesses through new financing opportunities. Ibrahimaj said the Bank of Albania has made €250 million available for the programme. In addition, …

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“Vlora Airport Will Be Built and Become Operational” – Karakaçi: Companies Given 30 Days to Resolve Their Dispute

The Minister of Energy and Infrastructure, Enena Karakaçi, stated to the media following the government meeting that the ministry has given the contracting companies responsible for the construction of Vlora International Airport a 30-day deadline to resolve their commercial dispute. Karakaçi emphasized that Vlora Airport will be completed and become operational according to …

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Rama on Zvërnec: Luxury Resorts Bring High Revenue to the Country, the Project Will Not Be Cancelled

Following the government meeting this Wednesday, Prime Minister Edi Rama addressed the media, also commenting on the construction of the resort in Zvërnec. Rama stated that resorts are among the main drivers of a country’s economic development and that he will not cancel the project. “I have to deal with people who say, …

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“Property’s Origin Is Now in SPAK’s Hands” – Rama on Zvërnec: This Will Put an End to Any Speculation That Project Is Not Based on the Law

Prime Minister Edi Rama spoke at a press conference regarding the construction project in the Zvërnec area, following the protests that have taken place there. Rama described the land purchase transaction as a positive development and stressed that anyone claiming ownership of the property will be subject to investigation. “What I want to talk …

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Albanian Book Fair Comes to North Macedonia: 55 Publishers from the Region Gather in Skopje for the First Time

Thousands of book titles, dozens of publishers, and four days dedicated to Albanian-language literature. For the first time, Skopje will host the Albanian Book Fair 2026, an event aimed at bringing together publishers and book lovers from North Macedonia, Kosovo, and Albania. From June 4 to June 7, Skanderbeg Square will be transformed into a hub for the …

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“Double Your Enterprise” Program Launches on July 1, Says Ibrahimaj: €250 Million Fund Available for Businesses

Following the government meeting this Wednesday, Minister of Economy and Innovation Delina Ibrahimaj announced that the “Double Your Enterprise” program will officially launch on July 1. According to Ibrahimaj, the program will provide financing to businesses at interest rates ranging from 2% to 3%, supported by a €250 million fund made available to enterprises …

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PM Rama: “The Time When People Were Threatened with Prison in the Streets Is Long Behind Us”

During his press conference with the media, Prime Minister Edi Rama was asked whether he would ever find himself in a situation where he had to choose between resignation and prison, a question raised in the context of the recent protests. Rama responded by saying that he is proud to have led …

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Albania Becomes the Second Most Expensive Country in the Balkans for Daily Rentals

The growing influx of foreign visitors to Albania, initially attracted by its affordable accommodation prices, is now contributing to rising costs, particularly in the short-term rental market. As a result, Albania has become the second most expensive country in the Balkans for daily rentals, behind only Montenegro. AirDNA, an analytics …

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Finance minister outlines legal process in Bankers Petroleum tax dispute

TIRANA, June 11 – Finance Minister Petrit Malaj responded in parliament to an interpellation requested by Opportunity Party leader Agron Shehaj regarding the collection of a financial penalty of around EUR 120 million from Bankers Petroleum. Malaj reviewed the history of the case and stressed the need to distinguish between …

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The Independent: Albania emerges as a top summer destination for 2026

Albania is rapidly becoming one of Europe’s most sought-after travel destinations for 2026, according to an article by Fran Watts published in the British newspaper The Independent. The report says growing numbers of visitors choose Albania for its clear waters, relaxed coastal towns and competitive prices. It notes that the …

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Hoxha: Albania Targets Closing EU Negotiation Chapters by Next Year

Albania aims to close all EU negotiation chapters by next year, Minister for Europe and Foreign Affairs Ferit Hoxha said on Thursday. Speaking to journalists from EU member states, Hoxha said Albania’s EU accession process has entered a decisive stage. He also described EU membership as the country’s top national …

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Hoxha: Everything that happens in Albania draws EU attention, protests are part of freedom of expression

The European Union follows developments in Albania closely, Minister for Europe and Foreign Affairs Ferit Hoxha said on Thursday. Speaking at a press conference with journalists from EU member states, Hoxha addressed concerns over the proposed project in Zvërnec. He also commented on the European Commission’s reaction and recent protests …

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Hoxha: Greece remains a strong supporter of Albania’s EU membership

Greece remains a strong supporter of Albania’s European Union membership, Minister for Europe and Foreign Affairs Ferit Hoxha said on Thursday. Speaking to journalists from EU member states, Hoxha described relations between Albania and Greece as stronger than ever. He said both countries are working to address long-standing bilateral issues …

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Hoxha: No approved project in Zvërnec yet, full environmental impact assessment will be done

No approved project exists yet for the Zvërnec investment, Minister for Europe and Foreign Affairs Ferit Hoxha said on Thursday. He added that authorities will carry out a full environmental impact assessment before any decision. Speaking to journalists from EU member states, Hoxha said institutions continue preparatory work. He also …

News
Hoxha: EU enlargement will be key priority of Irish Presidency in 2026

EU enlargement will be a key priority of the Irish Presidency of the European Union in the second half of 2026, Minister for Europe and Foreign Affairs Ferit Hoxha said on Thursday. Speaking to journalists from EU member states, Hoxha said his recent visit to Ireland focused on Albania’s EU …

News
TKOB prepares tribute evening for Albanian bass-baritone Lukë Kaçaj

The National Theatre of Opera and Ballet (TKOB) is preparing a special evening dedicated to the great Albanian bass-baritone Lukë Kaçaj. The event will pay tribute to one of the most powerful voices in Albanian opera. It will also honor his life, marked by artistic achievement and personal hardship. Lukë …

News
Golem Becomes a Tourism Hotspot, Short-Term Rental Market Records Strong Growth

Golem is emerging as one of Albania’s fastest-growing tourist destinations, recording significant increases in both demand and supply in the short-term rental market. According to data from AirDNA, a platform specializing in short-term rental market analytics for platforms such as Airbnb and Vrbo, the area recorded the strongest growth in …

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Non-Performing Loan Ratio Fell to 3.75% in April

The ratio of non-performing loans (NPLs) returned to a downward trend in April. According to statistics from the Bank of Albania, the NPL ratio declined to 3.75%, down from 3.85% recorded in March. The indicator also continued to decrease on an annual basis, compared to 4.03% in April 2025. The …

News

Finance minister outlines legal process in Bankers Petroleum tax dispute

TIRANA, June 11 – Finance Minister Petrit Malaj responded in parliament to an interpellation requested by Opportunity Party leader Agron Shehaj regarding the collection of a financial penalty of around EUR 120 million from Bankers Petroleum. Malaj reviewed the history of the case and stressed the need to distinguish between …

News

The Independent: Albania emerges as a top summer destination for 2026

Albania is rapidly becoming one of Europe’s most sought-after travel destinations for 2026, according to an article by Fran Watts published in the British newspaper The Independent. The report says growing numbers of visitors choose Albania for its clear waters, relaxed coastal towns and competitive prices. It notes that the …

News

Hoxha: Albania Targets Closing EU Negotiation Chapters by Next Year

Albania aims to close all EU negotiation chapters by next year, Minister for Europe and Foreign Affairs Ferit Hoxha said on Thursday. Speaking to journalists from EU member states, Hoxha said Albania’s EU accession process has entered a decisive stage. He also described EU membership as the country’s top national …

News

Hoxha: Everything that happens in Albania draws EU attention, protests are part of freedom of expression

The European Union follows developments in Albania closely, Minister for Europe and Foreign Affairs Ferit Hoxha said on Thursday. Speaking at a press conference with journalists from EU member states, Hoxha addressed concerns over the proposed project in Zvërnec. He also commented on the European Commission’s reaction and recent protests …

News

Hoxha: Greece remains a strong supporter of Albania’s EU membership

Greece remains a strong supporter of Albania’s European Union membership, Minister for Europe and Foreign Affairs Ferit Hoxha said on Thursday. Speaking to journalists from EU member states, Hoxha described relations between Albania and Greece as stronger than ever. He said both countries are working to address long-standing bilateral issues …

News

Hoxha: No approved project in Zvërnec yet, full environmental impact assessment will be done

No approved project exists yet for the Zvërnec investment, Minister for Europe and Foreign Affairs Ferit Hoxha said on Thursday. He added that authorities will carry out a full environmental impact assessment before any decision. Speaking to journalists from EU member states, Hoxha said institutions continue preparatory work. He also …

News

Hoxha: EU enlargement will be key priority of Irish Presidency in 2026

EU enlargement will be a key priority of the Irish Presidency of the European Union in the second half of 2026, Minister for Europe and Foreign Affairs Ferit Hoxha said on Thursday. Speaking to journalists from EU member states, Hoxha said his recent visit to Ireland focused on Albania’s EU …

News

TKOB prepares tribute evening for Albanian bass-baritone Lukë Kaçaj

The National Theatre of Opera and Ballet (TKOB) is preparing a special evening dedicated to the great Albanian bass-baritone Lukë Kaçaj. The event will pay tribute to one of the most powerful voices in Albanian opera. It will also honor his life, marked by artistic achievement and personal hardship. Lukë …

News

Golem Becomes a Tourism Hotspot, Short-Term Rental Market Records Strong Growth

Golem is emerging as one of Albania’s fastest-growing tourist destinations, recording significant increases in both demand and supply in the short-term rental market. According to data from AirDNA, a platform specializing in short-term rental market analytics for platforms such as Airbnb and Vrbo, the area recorded the strongest growth in …

News

Non-Performing Loan Ratio Fell to 3.75% in April

The ratio of non-performing loans (NPLs) returned to a downward trend in April. According to statistics from the Bank of Albania, the NPL ratio declined to 3.75%, down from 3.85% recorded in March. The indicator also continued to decrease on an annual basis, compared to 4.03% in April 2025. The …