Economy & Finance

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Record high remittances from Albanian emigrants in 2024

Record high remittances from Albanian emigrants in 2024

Albanian emigrants continued to play a significant role in supporting their families and the country’s economy in 2024. According to data from the Bank of Albania, remittances reached a record-breaking...
March 31, 2025 -
Economy
Italian businesses in Albania complain about labor shortages and currency losses

Italian businesses in Albania complain about labor shortages and currency losses

Italian businesses operating in Albania are raising concerns about a lack of skilled workers and the depreciation of foreign currencies, particularly the euro. At a recent Confindustria Albania conference, companies...
March 28, 2025 -
Business
Foreign direct investment in Albania reaches €1.58 billion in 2024

Foreign direct investment in Albania reaches €1.58 billion in 2024

Albania continues to attract not only tourists but also foreign investors. According to official data from the Bank of Albania, the country saw €1.58 billion in foreign direct investment (FDI)...
March 27, 2025 -
Economy
Albania launches “Invest in Your Land” campaign to boost rural development

Albania launches “Invest in Your Land” campaign to boost rural development

The Albanian government has launched a campaign to promote its “Invest in Your Land” initiative, part of the recently approved Mountains Package. The program aims to support 500 beneficiaries who...
March 27, 2025 -
Albania
Foreign direct investment in Albania hits record €1.58 billion in 2024

Foreign direct investment in Albania hits record €1.58 billion in 2024

Foreign direct investment (FDI) in Albania reached a record €1.58 billion in 2024, up €92 million or 5.6% from the previous year, according to the Bank of Albania. Why this...
March 26, 2025 -
Business
Albania’s credit rating upgraded by S&P, reflecting stronger fiscal position

Albania’s credit rating upgraded by S&P, reflecting stronger fiscal position

The global ratings agency Standard & Poor’s has upgraded Albania’s long-term credit rating from ‘BB-’ to ‘BB’ with a stable outlook. This marks the second upward revision within a year...
March 25, 2025 -
Albania

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