Why is this important: This marks one of the largest minimum wage hikes in Albania’s recent history and is central to the government’s promise of improving income standards. The decision also aligns with key campaign pledges from the May 11 election, where the ruling Socialist Party won 83 seats in parliament.

Why is this important: The economic sentiment index rose by 1.9 points, standing nearly 9 points above the historical average — a strong sign of resilience despite global uncertainties. Improvements in trade, industry, and construction are driving the trend, offering a potential boost for employment and investment in the months ahead.

Why is this important: The new tariff means that charging a 60 kWh battery — which previously cost around 840 ALL — will now cost 1,320 ALL, and up to 1,518 ALL during peak hours. This represents an increase of 57% to 81%, a jump that could affect both private EV owners and commercial operators.

Why is this important: The EU Growth Plan for the Western Balkans aims to double the region’s GDP within the next decade, marking one of the EU’s most ambitious economic commitments in recent years. At the opening, European Commission President Ursula von der Leyen called on European investors to seize the opportunity: “The time to invest in the Western Balkans is now. Returns are promising, and the future of the region lies within our Union.”

Why is this important: Faith Park is envisioned as a symbol of Albania’s centuries-old tradition of religious coexistence, blending art, landscape, and spirituality. The park will draw on shared natural motifs — trees, fruits, and flowers mentioned in sacred texts — to create a living space of reflection, dialogue, and unity. BIG’s selection among 12 international finalists reinforces Albania’s growing role as a hub for forward-looking cultural and architectural projects.