Why is this important: A sharp rise in consumption-driven borrowing can signal underlying stress in household finances. Experts warn that an economy increasingly reliant on consumer credit could face serious difficulties if hit by an external financial shock or a tightening of credit conditions.

Why is this important: The project is part of a broader government plan to revive Albania’s dormant military industry and develop a domestic production network for the armed forces, police, firefighting services, and potential export. The move also seeks to repurpose abandoned industrial infrastructure and stimulate the local economy.

Why is this important: The agreement is positioned as a major step toward transforming Albania’s healthcare and medical education sectors. It sets the ambition for QSUT to become a regional leader in medical services and education, potentially reducing the need for Albanians to seek healthcare abroad.

Why is this important: The data confirms a continued boom in Albania’s real estate market, despite tightening credit conditions and growing affordability concerns. In just six months, apartment prices across the country increased by 23.6%, with Tirana outpacing the rest of the market. The central bank attributes the price hikes to rising construction costs — including wages, energy, and transport — and sustained demand for housing.

Why is this important: The new road improves access to one of Albania’s most scenic yet previously hard-to-reach coastal areas. Officials say the project marks a significant step toward developing tourism in the northern region, offering faster connections and supporting the local economy. The opening comes as the country prepares for another record tourist year, with visitors up 30% in early 2025 compared to last year.