Green for growth fund to invest in landmark renewable energy project in Albania
TIRANA, March 11, 2023 – The Green for Growth Fund (GGF) has announced a EUR 28 million loan to fund a landmark transaction with SPV Blue 1 in Albania. The privately owned project marks a significant milestone in the history of energy production in Albania, as it is the largest …
Wage hikes in private sector outpacing public increases as Albania’s businesses struggle with retention
TIRANA, March 20, 2023 – Albania’s private sector salaries are increasing and doing so at a higher rate than public sector ones, as businesses struggle to retain workers competing with migration and the domestic labor market. However, public sector wages continue to be, on average, higher, according to the latest …
Op/Ed: Balkan awakening – Strengthening ties between Israel and Albania
By Ohad Shpak* The upcoming Israel-Albania Tech Conference to be held in March 2023 aims to strengthen commercial ties between the two countries, following recent developments in the bilateral relations. Muslim-majority Republic of Albania and the Jewish State of Israel have maintained diplomatic relations since 1991, shortly after Albania emerged from …
Albanians get visa-free access to UAE, part of larger expansion into Asia
TIRANA, March 23, 2023 – Starting on April 20, citizens of Albania will be able to travel visa-free to the United Arab Emirates, home of renowned cities and major airports, including Dubai and Abu Dhabi, the Albanian government has announced. UAE citizens are also able to travel to Albania without …
Albanian PM visit to London focuses on migration woes
TIRANA, March 23, 2023 – Albanian Prime Minister Edi Rama visited London on Thursday in the first ever official visit of an Albanian head of government to 10 Downing Street, but the visit was marred by taking place with the backdrop of the controversy that has been going on for …
As number of young workers declines, over 65s working at higher rates
TIRANA, March, 25, 2023 – While Albania’s employment indicators have improved year over year, since 2020, the number of employed people is decreasing in the younger population groups, while it is increasing among the elderly. In the fourth quarter of 2022, there were about 52,500 more people employed than in …
Albania’s central bank raises key rate by 0.25%
TIRANA, March 23, 2023 – Albania’s central bank has raised its key interest rate by another quarter of a percentage point in its attempt to fight inflation, the Bank of Albania governor announced in a press conference. The decision of the bank board brings the rate to 3 percent, directly …
In Tirana visit, Kosovo PM discusses contentious deal with Serbia
TIRANA, March 27, 2023 – Kosovo Prime Minister Albin Kurti visited Tirana over the weekend, holding discussions with Albania’s top leaders and focusing on his country’s ongoing dialogue with Serbia, which has been high on the agenda in recent months. Earlier this year, agreements to normalize relations between Kosovo and …
In widely-condemned violent attack on media, shots fired at key Albanian TV channel headquarters, killing guard
TIRANA, March 27, 2023 – In what the media and authorities are calling “a terrorist act,” unidentified gunmen used automatic weapons to shoot at the headquarters of one of Albania’s largest private television stations, Top Channel, shortly after midnight on Monday, killing a security guard on duty. The attack on …
Red and Blacks look for fresh start as Albania plays Poland for Euro 2024 qualifier
TIRANA, March 27, 2023 – Albania will begin their quest for a spot in the 2024 European Championship against Poland in Warsaw on Monday, hoping to break their seven-game losing streak against the hosts. The Red and Blacks will have their first match under Brazilian coach Sylvinho, who aims to …
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 …
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 …
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 …
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, …
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 …
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 …
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 …
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. …
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, …
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 …