Economy
The big picture

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...

Edi Rama unveils plan for military equipment production hub at former industrial complex
The former Tractor and Agricultural Machinery Plant in Tirana, which has been out of service for several decades, will be repurposed into a factory producing military vehicles and uniforms, Prime...

Albania’s QSUT to become Balkan medical excellence center under new agreement with San Raffaele
Prime Minister Edi Rama announced on Monday a strategic agreement between Albania’s University Hospital Center “Mother Teresa” (QSUT), the University of Medicine in Tirana, and Italy’s San Raffaele University Hospital...

Tirana leads sharp real estate surge as apartment prices soar 56% in six months
Apartment prices in Albania have skyrocketed in the second half of 2024, with Tirana seeing the steepest increase. According to the latest Bank of Albania survey, nationwide housing prices rose...