Week in Review: Anniversaries, Challenges and Conflicts
As BIRN celebrates two decades of work, there never seems to be a dull moment in the region, as our selection of Premium stories this week shows. Original post Here
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
TIRANA, August 14 – Kosova is ready to assist Albania and Montenegro as they tackle wildfires in several areas, acting Defence Minister Ejup Maqedonci said. Maqedonci said he had informed his counterparts in Albania and Montenegro that Kosova’s Ministry of Defence could provide support through its available capabilities. He said …
TIRANA, August 14 – The wildfire situation in Kruja has improved significantly over the past 24 hours. The remaining active fires in Abaze and Gryka e Vajës are burning at much lower intensity. Kruja Mayor Artur Bushi said teams have tackled the fires from the air and on the ground. …
TIRANA, August 14 – Albania is experiencing high tourist flows this summer. Visitors have access to a wide calendar of cultural, artistic, sports and gastronomic activities. Prime Minister Edi Rama shared a photo album today featuring major tourist destinations across the country. Alongside coastal resorts, visitors are showing growing interest …
Papers highlight Albania’s transformation since 1990s – with population growth limited to a few urban centres and most municipalities housing shrinking, elderly communities. Original post Here
TIRANA, August 14 – Albania has digitized its visa application process through the e-Visa system. The system allows foreign nationals who need a visa to apply and track their applications online. Besmir Meta, an IT specialist at the Ministry for Europe and Foreign Affairs, said the National Agency of Information …
TIRANA, August 14 – Banks lowered interest rates on several major lending segments during the second quarter of the year. However, consumer loans and euro-denominated mortgages for individuals followed a different trend. Bank of Albania data show that the average rate on new ALL loans fell to 6.3%, from 6.5% …
TIRANA, August 14 – Startups supported through Albania’s grant scheme in 2024-2025 have increased their activity, employment, revenue and number of clients. Economy and Innovation Minister Delina Ibrahimaj shared data on the performance of the businesses after receiving grant funding. She said Startup Albania supports Albanian startups through the grant …
TIRANA, August 14 – Major foreign currencies recorded slight movements against the ALL, according to the Bank of Albania’s official exchange rate. The euro fell by 0.09 ALL from the previous day and trades at €1 = 92.92 ALL. Meanwhile, the British pound declined by 0.22 ALL and trades at …
TIRANA, August 14 – Albania has welcomed the signing of the Social Security Agreement between the two countries by Polish President Karol Nawrocki. The Ministry for Europe and Foreign Affairs said the agreement marks an important step for Albanian citizens. It allows them to have their employment periods recognized and …
TIRANA, August 14 – Butrint hosted the first information session on the Community Grants Scheme, an initiative of the Albanian-American Development Foundation (AADF) and the Butrint Management Foundation (BMF). The scheme supports new initiatives and existing projects that aim to create a positive impact in the local community. Individuals, local …