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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 …

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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 …

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FM Hoxha: Albania opposes any unilateral change to the Ibër River

TIRANA, August 10 – Albania opposes any unilateral change to the course of the Ibër River, Minister for Europe and Foreign Affairs Ferit Hoxha said today. He was responding to Serbian President Aleksandar Vucic’s remarks about a possible change to the river’s course and the involvement of Serbian experts and …

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Interior minister Lamallari, police chief Hita thank 300 personnel for fighting Kruja fire

TIRANA, August 10 – Interior Minister Besfort Lamallari and State Police Director General Skënder Hita thanked around 300 police officers, firefighters and Armed Forces personnel involved in the Kruja wildfire operation. Lamallari praised their work in evacuating residents and managing the fire, which strong winds intensified. He said special forces, …

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Albania introduces digital e-Visa system for foreign nationals

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 …

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Average interest rate on new ALL loans falls to 6.3%

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% …

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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 …

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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 …

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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 …

News
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 …

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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 …

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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 …

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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 …

News
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, …

News

Albania introduces digital e-Visa system for foreign nationals

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 …

News

Average interest rate on new ALL loans falls to 6.3%

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% …

News

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 …

News

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 …

News

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 …

News

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 …

News

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 …

News

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 …

News

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 …

News

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, …