Economy & Finance
The big picture
WHO: Albania tops Europe in out-of-pocket healthcare spending
Albania holds the highest rate in Europe for out-of-pocket healthcare expenses, with citizens paying 59.7% of total health costs, primarily for medication. This heavy burden underscores the urgent need for...
Foreign Direct Investment in Albania reaches €1.1 billion in first nine months of 2024
According to the Bank of Albania, Foreign direct investment (FDI) in the country totaled €1.1 billion in the first nine months of 2024, marking an increase of €56 million compared...
Albania’s Rinas Airport records 10 million passengers in first 11 months of 2024
From January to Monday, December 11, Tirana International Airport (Rinas) marked a historic milestone, serving its 10 millionth passenger. Why is this important: While many international airports experienced a decline in...
World Bank Report: emphasis on higher education in Albania
The latest World Bank Economic Report for Europe and Central Asia (ECA) has spotlighted the transformative power of higher education in driving economic growth across the region. Presented in Tirana,...
Albanian Parliament approves 2025 state budget
The Albanian Parliament has approved the 2025 state budget, passing it article by article with 75 votes from the Socialist majority and 24 votes against from the Democratic opposition. Despite...
Open Banking: a new financial innovation in Albania
Open Banking has arrived in Albania, marking a transformative step in the country’s financial landscape. This modern banking practice allows individuals to securely share their financial data with third-party service...