Economy & Finance
The big picture
Albania to raise minimum wage to €500 in 2026, pledges further increases by end of mandate
Starting January 1, 2006, Albania’s minimum wage will increase by 10,000 ALL, reaching the equivalent of €500 per month — a move affecting over 307,000 workers nationwide. The announcement was...
Albania’s economy shows steady optimism in October, despite cautious consumers
Albania’s economic sentiment improved in October, with businesses reporting greater confidence across key sectors, according to the latest survey from the Bank of Albania. Why is this important: The economic...
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...
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...