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News
KPP, complaints about locals dominate/ Local institutions lead with contested procedures
19+ hour, 41+ min ago (251+ words) Over 142 million lekë were saved in the state budget during June, as a result of the decision-making of the Public Procurement Commission. The data from the monthly bulletin shows that the majority of complaints are related to the bid evaluation…...
Vehicles remain the "engine" of the insurance market - AMF: Compulsory insurance continues to lead, while life insurance maintains positive rates
3+ day, 18+ hour ago (197+ words) Within this segment, compulsory MTPL insurance for vehicles remains the most important product, accounting for over half of the entire insurance market. Meanwhile, Casco insurance also continued to expand, with an increase of over 5% in written premiums. In contrast, fire…...
Global investors are more optimistic - Bank of America survey: 54% do not expect economic downturn
1+ week, 4+ day ago (292+ words) Global investor sentiment has climbed to its strongest level since February, with fund managers becoming more optimistic about the economic outlook, spending related to artificial intelligence and the prospect of a more dovish Federal Reserve, the latest Bank of America…...
Why were 4 million euros given for Kanye West's concert? - Rama: We cannot miss the opportunity to promote Albania
2+ week, 3+ day ago (272+ words) Prime Minister Edi Rama reacted to the decision to finance Kanye West's concert with 4 million euros, arguing that the investment aims to promote Albania, boost tourism and generate income for the economy. "4 MILLION EUROS at the last minute, in order…...
Do Albanians insure their homes? AFSA: Premiums and claims payments are increasing, however voluntary insurance remains low
3+ week, 18+ hour ago (309+ words) In Albania, insurance continues to remain more of an obligation than a conscious choice, although figures show a slight increase in property insurance premiums, which also translates into higher financial protection for citizens. The figures show an increase of almost…...
Albania-Kosovo, cooperation agreement for employment and human capital development
3+ week, 1+ day ago (268+ words) The Minister of Economy and Innovation, Delina Ibrahimaj, and the Minister of Labor, Family and Liberation War Values of the Republic of Kosovo, Andin Hoti, signed, in Tirana, the Cooperation Agreement between the two countries, marking an important step towards…...
Rama in Gdansk: Reconstruction of Ukraine and EU enlargement are part of the same strategy
3+ week, 6+ day ago (177+ words) Prime Minister Edi Rama participated in the conference on the reconstruction of Ukraine, held in Gdansk, Poland, where the focus was on support for Kiev and the future European security architecture. Rama stated that Albania reaffirmed its stance in support…...
How is Albania's external debt divided? BoA: The government bears the largest weight, while the private sector expands its liabilities
1+ mon, 5+ day ago (176+ words) Albania's external debt continues to remain divided between the four main sectors of the economy. After the government, the second largest sector is occupied by other sectors, namely non-financial businesses, manufacturing companies, service companies and other economic structures. This group…...
The functioning of the Transparency Board is suspended/ Ibrahimaj: Fuel prices have stabilized
1+ mon, 6+ day ago (174+ words) Scan TV The functioning of the Transparency Board is suspended/ Ibrahimaj: Fuel prices have stabilized After the government meeting, Ibrahimaj stated that the decision was made in the context of fuel prices having continuously declined in recent weeks and the…...
ECB raises interest rates for first time in three years - Reaction comes after Iran war spurs inflation
1+ mon, 1+ week ago (143+ words) The European Central Bank has raised interest rates for the first time in almost three years. The deposit rate went from 2% to 2.25%, after a meeting of the governing council on Thursday. The increase in key interest rates marks a clear…...