Economy & Finance
The big picture

Growing interest from foreign tech firms in Albania highlights digital shift
Foreign tech companies are increasingly choosing Albania to expand their coding and software operations. According to the Albanian government, this trend is no longer driven by cheap labor but by...

Credit surge in key sectors supports Albania’s export growth
New data from the Bank of Albania shows that credit from second-tier banks is increasingly being directed toward the most productive and profitable sectors of the economy—a trend that is...

Albania’s economy grows 4.1% in 2024 despite global uncertainties
In an increasingly volatile world, Albania has managed to maintain economic stability. According to the latest report from the Bank of Albania, the country’s economy expanded by 4.1% in 2024,...

Consumer loans surge by 25% in Albania, raising financial stability concerns
Consumer lending in Albania — loans not tied to home purchases or investment — rose by a striking 25% last year, according to the latest report from the Bank of...

Tirana leads sharp real estate surge as apartment prices soar 56% in six months
Apartment prices in Albania have skyrocketed in the second half of 2024, with Tirana seeing the steepest increase. According to the latest Bank of Albania survey, nationwide housing prices rose...

Vlora International Airport to open in early May with inaugural Air Albania flight
Albania’s newest international gateway, Vlora International Airport, is set to officially open in the first days of May, marking a significant milestone for southern Albania’s infrastructure and tourism industry. The...