Grant-funded startups report growth in jobs, revenue and clients
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 …
Euro and British pound continue to weaken against ALL
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 …
Albania and Poland sign social security agreement
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 …
Butrint community grants scheme opens applications
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 …
Mother Teresa’s first visit to Albania
TIRANA, August 14 – Mother Teresa made her first visit to Albania on August 14-17, 1989. The country still lived under communist rule, while her religious and humanitarian work made her a sensitive figure for the Albanian authorities. Officials classified the visit as private. Marie Goreti, an Albanian-born nun from …
Kanina offers a scenic stop on the road to southern Albania
TIRANA, August 14 – The road to Vlora offers more than access to the coast. It also gives visitors the chance to enjoy panoramic views along the journey. At the heights of Kanina, tourists can stop and admire Vlora and its bay. The viewpoint offers a wide panorama stretching from …
Saranda cited as example of public beach management
TIRANA, August 14 – Saranda has emerged as a positive example of public beach management during the current tourist season. The city has increased public access and introduced approved, balanced fees. Minister of Tourism, Culture and Sports Blendi Gonxhja said the number of public beach plots and stations has increased …
Private sector loan portfolio grows by around 14%
TIRANA, August 14 – The private sector loan portfolio grew by around 14% in the second quarter from a year earlier. The increase reflects stronger bank financing for businesses and individuals. According to Bank of Albania data, lending expanded across most categories. Businesses continue to show strong demand for loans, …
BIRN Reality Check: What Has Albania’s AI ‘Minister’ Achieved So Far?
Nearly a year after Prime Minister Edi Rama introduced an AI chatbot as a ‘virtual minister’ in his cabinet to tackle corruption, has the technology been a success? Original post Here
Euronews: European Union faces decisive moment on enlargement
TIRANA, August 14 – International media network Euronews says the European Union faces a decisive moment over its enlargement policy. The bloc must balance progress by candidate countries with internal reforms needed to operate as a larger and more complex union. Montenegro and Albania rank among the most advanced candidates, …
Germany supports Albania’s membership in the European Union. However, Berlin says the pace of accession talks will depend on the implementation of reforms. In an interview with Deutsche Welle, German Ambassador to Tirana Karl Bergner praised Albania’s progress. He also stressed the importance of strengthening the rule of law and …
Foreign direct investment (FDI) in Albania rose sharply during the first six months of 2026. FDI reached €1.144 billion, marking a 50% increase compared with the same period last year. Data from the Bank of Albania on the country’s balance of payments show that FDI flows reached €741 million in …
Minister for Europe and Foreign Affairs Ferit Hoxha announced today that Luxair will launch direct flights between Luxembourg and Tirana. Hoxha welcomed the arrival of another European airline in Albania. He described the development as excellent news for the country. Starting March 29, 2027, Luxair will operate the new route …
Albania is exploring plans to build an LNG terminal on its Adriatic coast. The proposed terminal would receive US liquefied natural gas (LNG) by ship. It would then store the LNG and convert it from a liquid into gas. The gas could enter regional pipelines and reach countries across the …
Speaker of the Albanian Parliament Niko Peleshi met with Michael Hammer, chairman of the Austrian National Council’s Friendship Group with Albania, and its delegation. Peleshi highlighted the long-standing friendship between Albania and Austria. He said the two countries have strengthened their ties over the years through political cooperation and exchanges …
The leader of the Democratic Party, Sali Berisha, has been honored with the Key to the City of Mesquite, Texas, as part of his visit to the United States. The key was presented to Berisha by Mesquite Mayor Daniel Aleman Jr., according to the Democratic Party’s press office. “During the …
Judges across the Republic gathered for an extraordinary meeting at the Justice Center, where they adopted a joint position regarding the freezing of magistrates’ salaries. The statement was read by Judge Alda Sadiku, who stressed that the judiciary’s demands are not subject to negotiation because, according to the judges, they …
The average salary in Albania exceeded 92,000 lek in the second quarter of the year, increasing by 10% in one year. However, significant disparities remain, with the finance and technology sectors paying more than double the national average. The average salary in Albania continued to rise during the second quarter …
Following the closing arguments presented by Chief Prosecutor Kimberly West and the prosecutor in the case, the Specialist Prosecutor’s Office in The Hague has requested a six-year prison sentence for former Kosovo President Hashim Thaçi in the case concerning obstruction of justice. “Based on all the evidence and facts, the …
The government is expected to take a new approach to housing. The new National Housing Program provides for six new schemes, focusing on young families and young people who face difficulties in securing a home. During the presentation, Prime Minister Edi Rama said that the program is not simply a …