Economy & Finance

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Albania to limit cash payments to €5,000/month in 2026 as cash circulation hits €4.6 billion

Albania to limit cash payments to €5,000/month in 2026 as cash circulation hits €4.6 billion

Albania is facing a surge in cash circulation outside the banking system, which has now reached a record €4.6 billion, according to official data. Compared to October 2024, this marks...
November 26, 2025 -
Economy
Albania sees record housing price surge in early 2025, demand remains high despite slow sales

Albania sees record housing price surge in early 2025, demand remains high despite slow sales

Albania’s housing market has entered a new phase of sharp price increases, according to the latest data published by the Bank of Albania. During the first half of 2025, average...
November 26, 2025 -
Economy
Albania boosts 2026 budget for flood protection and farmer support

Albania boosts 2026 budget for flood protection and farmer support

Albania has significantly increased its 2026 budget for flood protection, irrigation, and agricultural resilience, following repeated floods in recent years – including several episodes this month that caused local damage...
November 24, 2025 -
Economy
Non-performing loans rise in Albania, signaling strain on households and small businesses

Non-performing loans rise in Albania, signaling strain on households and small businesses

Non-performing loans (NPLs) in Albania have risen, highlighting continued pressure on family finances and small business operations. According to data published by the Bank of Albania, the NPL ratio climbed...
November 11, 2025 -
Economy
Albania to raise minimum wage to €500 in 2026, pledges further increases by end of mandate

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...
November 5, 2025 -
Economy
Albania’s economy shows steady optimism in October, despite cautious consumers

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...
November 3, 2025 -
Economy

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