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 …
Kosovo and North Macedonia join support for Washington. Tirana Times, February 28, 2026 – Albania threw its support behind U.S. strikes on Iran on Friday, with Prime Minister Edi Rama declaring that Iran’s Islamic Revolutionary Guard Corps should be officially designated a terrorist organization and saying Tirana would move to …
After months of defending his deputy and Minister of Infrastructure, Belinda Balluku, who faces allegations of manipulating public tenders, Edi Rama finally dismissed her on Thursday night. Original post Here
From European Union accession hopes to ongoing corruption investigations, our selection of Premium stories this week takes a look at the political wheeling and dealing going on behind the scenes in the region. Original post Here
Tirana Times, February 26, 2026 – Prime Minister Edi Rama carried out one of the deepest cabinet reshuffles of his fourth term, replacing officials across several of the most powerful ministries in a move that comes as his government faces rising scrutiny, swelling scandal pressure and an intensifying anti-corruption push …
As Milorad Dodik comes in from the cold, Albanians impress on Trump that they have an enemy in common. Original post Here
Tirana Times, February 25 2026 – Domestic governance gaps are the primary entry points through which foreign actors can generate corrosive outcomes in strategic sectors. The Bankers Petroleum illustrates how this happens: when fiscal terms are unclear, cost verification is weak and enforcement is irregular, revenue disputes can last for …
Croatian’s premier paid a visit to Kyiv alongside other EU leaders, while most Balkan leaders voiced strong support for Ukraine’s self-defence on the fourth anniversary of Russia’s military assault. Original post Here
As Defence Minister talks defence sector collaboration with Israel, President Milanovic reminds government that last year he ordered an end to all cooperation with the Israeli army, citing its ‘unacceptable behaviour’. Original post Here
Albania’s huge agricultural sector is seeking to expand into European markets to flourish – but issues over old-fashioned methods, low productivity, banned pesticides and corruption stand in the way. Original post Here
Catch up on the weekend’s most important developments with Balkan Insight’s digest of news from countries across the region. Original post Here