Economy
The big picture
Bank of Albania strengthens measures for non-banking institutions
The Bank of Albania has announced significant changes to the regulation on “Operational Risk Management,” aimed at tightening oversight of non-banking financial institutions. The central bank is introducing enhanced measures...
Foreign direct investments in Albania reach €749 million in first half of 2024
Foreign direct investments (FDI) in Albania saw significant growth in the first half of 2024, reaching €749 million, an 8% increase compared to the same period in 2023 and the...
Three winning designs selected for new public administration buildings
Among the 10 architectural studios competing, three have been declared winners by an international jury in a contest to design four buildings that will house public administration institutions. Why is...
Government approves 4.1% pension indexation
The Albanian government has approved a 4.1% indexation of pensions. For the period from October to December alone, the financial cost to cover this increase will amount to 1.693 billion lek(around...
Restoration of major cultural heritage sites in Voskopoja and Vithkuq underway, reflecting broader national commitment to preservation
The National Institute of Cultural Heritage has initiated a project to restore four significant religious sites in Voskopoja and Vithkuq. These sites include the Church of St. Prodhromos, the Church...
PM: Porto Romano port to support NATO operations in strategic Corridor 8
Prime Minister Edi Rama announced that Albania is prepared to facilitate NATO operations along Corridor 8, a strategic route linking the Adriatic and the Black Sea. Speaking at a ceremony...