Economy
The big picture

In protest outside Ministry of Energy, Kaçinar residents demand halt to hydropower project
Dozens of residents from Kaçinar in Mirdita gathered in front of the Ministry of Infrastructure and Energy today, demanding an immediate halt to the construction of four hydropower plants by...

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...

Edi Rama: Albania on track to become energy independent and net exporter
Prime Minister Edi Rama, speaking during meetings in Fier on Tuesday, outlined Albania’s progress and future ambitions in the energy sector, pledging that the country is on the path to...

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...