Albania economy

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...

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)...

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...

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...

The Albanian government has announced plans to establish the Albanian Development Bank (ADB), an institution designed to support small and medium-sized enterprises (SMEs), startups, and major infrastructure projects. The initiative...

The European Bank for Reconstruction and Development (EBRD) projects Albania’s economy will grow by 3.7% this year, with tourism and construction as main drivers. However, the report warns that droughts...

The leader of the Democratic Party, Sali Berisha, accused the government of neglecting citizens in the 2025 budget, as it does not include wage and pension increases. He announced that...