Economy
The big picture
Electric vehicle charging tariff rises sharply from November 1
Albania’s Energy Regulatory Authority (ERE) has approved a significant increase in the price of electricity used to charge electric vehicles. From November 1, tariff will rise from 14 ALL per...
EU–Western Balkans Investment Forum opens in Tirana, calls for a “new horizon” of growth
For the first time, policymakers, investors, and business leaders from the Western Balkans and EU member states gathered in Tirana for the EU–Western Balkans Investment Forum, supported by the European...
BIG wins international competition to design Albania’s “Faith Park” in Tirana
The Bjarke Ingels Group (BIG) has won the international design competition for Albania’s “Faith Park,” a landmark project that will transform a former military site in Petrela into a space...
Albania welcomed over 10 million tourists in first 9 months of 2025
Albania’s tourism sector continues to grow at a record pace, confirming the country’s position as one of the most attractive destinations in the region. According to the latest official data...
Consumer prices up 2.4% in September, driven by housing and utilities
Albania’s Consumer Price Index (CPI) rose by 2.4% year-on-year in September 2025, up from 1.9% a year earlier, according to data published by INSTAT. On a monthly basis, prices increased...
Moody’s reaffirms Albania’s credit rating at Ba3 with a stable outlook
The international credit rating agency Moody’s has reaffirmed Albania’s sovereign credit rating at Ba3 with a stable outlook, citing the country’s macroeconomic stability and resilience in the face of multiple...