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Property revaluation saves taxpayers €120.5 million in seven months

TIRANA, August 6 – Albania’s property revaluation scheme has saved taxpayers €120.5 million in fiscal costs during the first seven months of 2026, according to the General Directorate of Taxation. The scheme allows property owners to revalue real estate by paying a reduced 5% tax rate. Tax authorities said the …

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Finance Ministry begins preparations for new Eurobond issue

TIRANA, August 6 – Albania’s Finance Ministry has started preliminary preparations for a new Eurobond issue planned for 2027 as the country’s macroeconomic indicators continue to show positive performance. Deputy Finance Minister Endrit Yzeiraj said officials discussed recent macroeconomic developments, government borrowing plans in international capital markets and future cooperation …

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Kosova Assembly suspends constitutive session as PM Kurti seeks more time for presidential deal

TIRANA, August 6 – Kosova’s Assembly suspended its constitutive session after Self-Determination leader Albin Kurti requested more time for political talks on a candidate for the country’s next president. Kurti told lawmakers that additional time was necessary to allow negotiations to continue. He said the parties needed more time to …

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Strategic infrastructure and energy projects advance across Albania

TIRANA, August 6 – The Ministry of Infrastructure and Energy continued work during the first seven months of 2026 on strategic projects in roads, energy, water supply and transport. The investments aim to improve public services, strengthen energy security and support economic development. Minister of Infrastructure and Energy Enea Karakaçi …

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“The Coffee Cantata” brings Bach’s humor and music to Tirana’s Grand Park

TIRANA, August 6 – Tirana’s Grand Park hosted The Coffee Cantata on Wednesday evening. The concert featured an Albanian-language performance of the satirical work by German composer Johann Sebastian Bach. The event formed part of the “Bah… Café!” project with the support of the Municipality of Tirana. It combined classical …

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August brings peak tourist season to mountainous Theth with around 2,000 overnight visitors

TIRANA, August 6 – August has brought the peak of the tourist season to Theth, one of the most visited destinations in the Albanian Alps. Around 2,000 tourists stay in the village each night on average, and most of them are foreign visitors. Besides the Grunas Waterfall and the Alp’s …

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Judge sets September for closing statements in Thaçi trial on obstruction charges

TIRANA, August 6 – The Kosova Specialist Chambers in The Hague announced that closing statements in the trial against former Kosova President Hashim Thaçi and four others will take place in mid-September. The court scheduled the hearings for September 10, 11 and 14. The case involves Thaçi, Bashkim Smakaj, Isni …

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PM Rama shares message: Trust, empathy, service, commitment

TIRANA, August 6 – Prime Minister Edi Rama shared a handwritten message on social media with four key words: “trust, empathy, service, commitment”. Rama shared the message weeks after presenting the political document “Besa” [Good Faith]. He described the platform as a new effort to restore trust between citizens and …

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President Begaj at ‘Ulqin Book Fair’ in Montenegro: Books keep Albanian language and identity alive

TIRANA, August 6 – President Bajram Begaj attended the opening ceremony of the 25th anniversary edition of the Ulqin Book Fair in Montenegro. The event is considered one of the region’s most important cultural gatherings and brings together authors, publishers and readers from Montenegro, Albania, Kosova, North Macedonia and other …

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National Library inspires students and tourists across generations

TIRANA, August 6 – Despite technological developments, social media and wider access to online information, the number of visitors to the National Library’s “Sotir Kolea” Center continues to grow, even during the hot summer days. The increasing number of visitors shows that the love for books and the need for …

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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 …

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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 …

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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 …

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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, …

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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 …