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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 …

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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 …

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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 …

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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

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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 …

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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

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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

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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

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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 …

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Balkan Countries ‘Failing to Enforce Freedom of Information Laws’: Report

Freedom of Information laws in the six Western Balkan countries may look robust, but public institutions all too often find ways to obstruct transparency, a new BIRN report has found. Original post Here

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Albania advances EU integration work with more than 20 draft laws for Chapters 16 and 29

TIRANA, August 10 – Albania is stepping up work on its European Union integration process, with more than 20 draft laws already prepared for Chapters 16 and 29. Deputy Finance Minister Endrit Yzeiraj said the first half of 2026 brought heavy workloads and strategic tasks, but EU integration remained a …

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Vlora Airport Heads to Arbitration

Albania faces another potentially costly international dispute after losing several arbitration cases in recent years that have exposed the state to hundreds of millions of euros in compensation and related liabilities. Tirana Times, August 10, 2026 – Albania is no stranger to costly international arbitration. Over the past decade, the …

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High passenger and vehicle flows at Albania’s ports and border crossings

TIRANA, August 10 – High passenger and vehicle flows continue at Albania’s ports and border crossing points (BCP-s) during the peak tourist season. Thousands of people and vehicles have entered and left the country in recent hours. At the Port of Vlora, around 2,700 passengers are expected today on 3 …

News
Inflation rises to 3.4% in July, transport leads price increases at 8%

TIRANA, August 10 – Albania’s annual inflation rate rose to 3.4% in July 2026, from 2.5% in July 2025. Consumer prices also increased by 0.2% from June. According to INSTAT data, food and non-alcoholic beverages made the largest contribution to annual inflation at 1.18 percentage points. The group covering housing, …

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“Mokra n’Fest” brings tradition and culture together in Pogradec

TIRANA, August 10 – Tradition, history and local cuisine came together at the 7th edition of “Mokra n’Fest”, held near the stone bridge in Golikë, Pogradec. The festival brought together local residents, visitors and emigrants who returned to their hometowns. An artisan fair and traditional food highlighted local products, including …

News
Durrës Port records more than 75,000 passengers in first 10 days of August

TIRANA, August 10 – Durrës Port recorded high passenger traffic during the first 10 days of August, as the summer travel season reached its peak. According to the Durrës Port Authority, 75,962 passengers travelled through the port between August 1 and 10. Most of the traffic involved arrivals, with 51,259 …

News
Foreign tourists fill Durrës, praising beaches, hospitality and prices

TIRANA, August 10 – Durrës remains a popular choice for foreign tourists spending their summer holidays in Albania. Prime Minister Edi Rama shared a video today featuring visitors from Germany, the Netherlands, England, the Czech Republic, Italy and other countries. Rama said the city’s sea, history, culture and Albanian hospitality …

News
Problem loans fall to 3.7% in June, lowest level since 2007

TIRANA, August 10 – Problem loans in Albania’s banking system fell again in June. They accounted for 3.7% of total lending, down from 3.77% in May. According to Bank of Albania statistics, this marks the lowest level since 2007. The ratio also fell by 0.31 percentage points from June 2025. …

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High wildfire risk in 5 municipalities as temperatures reach 40°C

TIRANA, August 10 – Albania faces a high wildfire risk this afternoon and tomorrow, with temperatures reaching 40°C. The Institute of Geosciences (IGJEO) has placed 5 counties under a high-risk warning for forest fires. The warning covers Lezha, Durrës, Tirana, Elbasan and Fier. IGJEO expects a moderate risk in Shkodër, …

News
Albania handles more than 240,000 flights through July

TIRANA, August 10 – Albania’s civil aviation sector is recording new highs in 2026 as summer tourism drives passenger and flight traffic. Infrastructure and Energy Minister Enea Karakaçi visited the public company Albcontrol today, to review measures for managing the increased air traffic. Albcontrol Director Dritan Isaku said the organisation …

News

Albania advances EU integration work with more than 20 draft laws for Chapters 16 and 29

TIRANA, August 10 – Albania is stepping up work on its European Union integration process, with more than 20 draft laws already prepared for Chapters 16 and 29. Deputy Finance Minister Endrit Yzeiraj said the first half of 2026 brought heavy workloads and strategic tasks, but EU integration remained a …

News

Vlora Airport Heads to Arbitration

Albania faces another potentially costly international dispute after losing several arbitration cases in recent years that have exposed the state to hundreds of millions of euros in compensation and related liabilities. Tirana Times, August 10, 2026 – Albania is no stranger to costly international arbitration. Over the past decade, the …

News

High passenger and vehicle flows at Albania’s ports and border crossings

TIRANA, August 10 – High passenger and vehicle flows continue at Albania’s ports and border crossing points (BCP-s) during the peak tourist season. Thousands of people and vehicles have entered and left the country in recent hours. At the Port of Vlora, around 2,700 passengers are expected today on 3 …

News

Inflation rises to 3.4% in July, transport leads price increases at 8%

TIRANA, August 10 – Albania’s annual inflation rate rose to 3.4% in July 2026, from 2.5% in July 2025. Consumer prices also increased by 0.2% from June. According to INSTAT data, food and non-alcoholic beverages made the largest contribution to annual inflation at 1.18 percentage points. The group covering housing, …

News

“Mokra n’Fest” brings tradition and culture together in Pogradec

TIRANA, August 10 – Tradition, history and local cuisine came together at the 7th edition of “Mokra n’Fest”, held near the stone bridge in Golikë, Pogradec. The festival brought together local residents, visitors and emigrants who returned to their hometowns. An artisan fair and traditional food highlighted local products, including …

News

Durrës Port records more than 75,000 passengers in first 10 days of August

TIRANA, August 10 – Durrës Port recorded high passenger traffic during the first 10 days of August, as the summer travel season reached its peak. According to the Durrës Port Authority, 75,962 passengers travelled through the port between August 1 and 10. Most of the traffic involved arrivals, with 51,259 …

News

Foreign tourists fill Durrës, praising beaches, hospitality and prices

TIRANA, August 10 – Durrës remains a popular choice for foreign tourists spending their summer holidays in Albania. Prime Minister Edi Rama shared a video today featuring visitors from Germany, the Netherlands, England, the Czech Republic, Italy and other countries. Rama said the city’s sea, history, culture and Albanian hospitality …

News

Problem loans fall to 3.7% in June, lowest level since 2007

TIRANA, August 10 – Problem loans in Albania’s banking system fell again in June. They accounted for 3.7% of total lending, down from 3.77% in May. According to Bank of Albania statistics, this marks the lowest level since 2007. The ratio also fell by 0.31 percentage points from June 2025. …

News

High wildfire risk in 5 municipalities as temperatures reach 40°C

TIRANA, August 10 – Albania faces a high wildfire risk this afternoon and tomorrow, with temperatures reaching 40°C. The Institute of Geosciences (IGJEO) has placed 5 counties under a high-risk warning for forest fires. The warning covers Lezha, Durrës, Tirana, Elbasan and Fier. IGJEO expects a moderate risk in Shkodër, …

News

Albania handles more than 240,000 flights through July

TIRANA, August 10 – Albania’s civil aviation sector is recording new highs in 2026 as summer tourism drives passenger and flight traffic. Infrastructure and Energy Minister Enea Karakaçi visited the public company Albcontrol today, to review measures for managing the increased air traffic. Albcontrol Director Dritan Isaku said the organisation …