Albanians Hold ALL 1.8 Trillion in Bank Savings, Top 10 Depositors Control 7.5% of Total Deposits
Albanian households and businesses hold approximately ALL 1.8 trillion (around €18 billion) in bank deposits, while the country’s ten largest depositors account for about 7.5% of the total savings in the banking system. According to the Bank of Albania’s Supervision Report, total deposits reached ALL 1.8 trillion at the end …
Qafë Qelë–Koman Road Reconstructed, Improving Access to One of Northern Albania’s Key Tourist Destinations
The 31-kilometre Qafë Qelë–Koman road has been reconstructed, significantly improving access to one of northern Albania’s most promising tourist destinations. Minister of Infrastructure and Energy Enea Karakaçi, together with the Director of the Albanian Road Authority, Ami Kozeli, inspected the completed works during a site visit. The investment is considered …
Gaza Mission: Defense Minister Nufi Says Albania Will Initially Deploy Staff Officers
Albania will initially contribute staff officers to the international stabilization mission in Gaza, Defense Minister Ermal Nufi announced in an interview with Euronews Albania. Nufi said that following the completion of a reconnaissance and assessment mission, and after reviewing the report prepared by Albanian officers, the General Staff of the …
Alpine Theth stays busy as summer tourism peaks
TIRANA, July 10 – The mountain village of Theth, located 70 kilometres from Shkodër, continues to rank among Albania’s most popular summer destinations. Large numbers of Albanian and foreign visitors are exploring the area during the peak tourist season. They come to experience Theth’s natural beauty as well as its …
Kosova’s political leaders begin talks to form new institutions
TIRANA, July 10 – Kosova’s political leaders began talks on Thursday to establish new institutions following the snap parliamentary elections held on 7 June. Acting Prime Minister and Self-Determination Movement leader Albin Kurti met Democratic Party of Kosova leader Bedri Hamza at the Assembly. Later in the day, Kurti is …
Shkodra landscapes chosen for Honda’s international advertising campaign
The stunning landscapes of the Shkodër region have become the backdrop for Honda’s latest advertising campaign, showcasing Albania’s growing appeal for international productions. Prime Minister Edi Rama shared images from the commercial and said the project highlights Shkodra’s rise as an important destination for high-level film and advertising productions. In …
Kanye West concert expected to boost Tirana’s profile for major international events
TIRANA, July 10 – The Kanye West concert on 11 July is set to place Tirana among the capitals capable of hosting major international music events. Tourism, Culture and Sports Minister Blendi Gonxhja said the concert represents more than a live performance. He described it as a strategic test of …
Porto Palermo Festival returns for its sixth edition with a rich summer program
The sixth edition of the Porto Palermo Festival will bring 12 nights of music and artistic performances to the Albanian Riviera from July 30 to August 16. Festival founder Olen Cesari has prepared a diverse program featuring renowned Albanian and international artists, transforming the historic Porto Palermo Castle into a …
Government launches Urban Renaissance 2.0 programme
TIRANA, July 10 – The Albanian government has launched the Urban Renaissance 2.0 programme, a new initiative that aims to transform communities, support local economic growth and strengthen cooperation between central and local government. State Minister for Local Government Ervin Demo described the programme as an ambitious plan designed to …
Urban development program to support economic growth across municipalities
TIRANA, July 10 – Economy and Innovation Minister Delina Ibrahimaj presented the government’s vision for economic development and entrepreneurship support during the “Urban Renaissance 2.0” event. She said the new urban development program goes beyond city revitalization. According to Ibrahimaj, it aims to create a development model that supports sustainable …
Prime Minister Edi Rama joined the Coalition of the Willing summit in Paris on Sunday at the invitation of French President Emmanuel Macron. The summit brought together heads of state and government, Ukrainian President Volodymyr Zelenskyy and NATO Secretary General Mark Rutte to coordinate international support for Ukraine. During the …
EU Ambassador to Albania Silvio Gonzato called on young Albanians to defend their rights and take an active role in shaping their future. During the weekend, Gonzato met young participants at RinCamp, organized by the National Youth Agency. During the discussion, he stressed that young people are not only beneficiaries …
Foreign Minister Ferit Hoxha strongly condemned Iran’s recent attacks on Gulf Arab states, calling them a violation of international law and the principles of the United Nations Charter. In a statement on X, Hoxha said the attacks further escalate tensions, undermine regional stability and pose a serious threat to international …
Defense Minister Ermal Nufi awarded the “Golden Medal of Military Service” to US Army Lieutenant Colonel Joshua A. Magnusson after he completed his mandate as head of the US Military Group in Albania. The medal recognized Magnusson’s contribution to strengthening the partnership between the United States and the Albanian Armed …
Governor of the Bank of Albania Gent Sejko met with a delegation from the European Bank for Reconstruction and Development (EBRD), led by its new Resident Representative in Albania, Hannes Takacs. During the meeting, Sejko presented the latest economic and financial developments in Albania and said the economy is expected …
Prime Minister Edi Rama said the “Open Balkan” initiative was considered “a terrible idea” only because he and Serbian President Aleksandar Vučić backed it. “It was a terrible idea for one reason only: Vučić and I were behind it. If we removed our names and replaced them with five others, …
*]:pointer-events-auto R6Vx5W_threadScrollVars scroll-mb-[calc(var(–scroll-root-safe-area-inset-bottom,0px)+var(–thread-response-height))] scroll-mt-[calc(var(–header-height)+min(200px,max(70px,20svh)))]” dir=”auto” data-turn-id=”request-WEB:5f2c0e64-bc31-47c7-92dd-f2c184ecbc38-6″ data-turn-id-container=”request-WEB:5f2c0e64-bc31-47c7-92dd-f2c184ecbc38-6″ data-testid=”conversation-turn-14″ data-turn=”assistant”> Democratic Party Chairman Sali Berisha is attending the General Assembly of the Centrist Democrat International (IDC-CDI) in Brussels, where he serves as one of the organization’s Vice Presidents. The assembly has brought together political leaders, former presidents, Members of the European …
*]:pointer-events-auto R6Vx5W_threadScrollVars scroll-mb-[calc(var(–scroll-root-safe-area-inset-bottom,0px)+var(–thread-response-height))] scroll-mt-[calc(var(–header-height)+min(200px,max(70px,20svh)))]” dir=”auto” data-turn-id=”request-WEB:5f2c0e64-bc31-47c7-92dd-f2c184ecbc38-7″ data-turn-id-container=”request-WEB:5f2c0e64-bc31-47c7-92dd-f2c184ecbc38-7″ data-testid=”conversation-turn-16″ data-turn=”assistant”> Around 60 inmates at Drenova Prison are expected to be released under Albania’s new penal amnesty law, which is scheduled to be implemented on July 15. Under the amnesty, eligible male prisoners will receive a one-year sentence reduction, while eligible female …
Albania’s Ombudsman is carrying out an unannounced inspection on Monday and Tuesday at the Shënkoll Prison Institution as part of its mandate as the National Preventive Mechanism against Torture. According to the Ombudsman, the preliminary findings are deeply concerning. The inspection team identified severe overcrowding in accommodation facilities and a …
TIRANA, July 13 – Albania’s permanent parliamentary delegation took part in the 51st Session of the Parliamentary Assembly of the Francophonie, held in Yaounde, Cameroon. Hatixhe Konomi led the delegation, alongside Ilirian Pendavinji and Luçiano Boçi. More than 300 lawmakers from 42 national, subnational and inter-parliamentary sections attended the session. …