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WB Country Manager urges Albania to tighten fiscal policy

Tirana, Jan. 2, 2008 (AE) - Camille Nuamah, the World Bank Country Manager for Albania, urged the government “to take a very conservative approach to fiscal policy”, as the future is uncertain and the Global Financial Crisis can affect... You can read the rest online...

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Four workers injured in Albanian tunnel cave-in - Summary

Tirana - Three Turks and an Albanian were injured Tuesday when a tunnel in northern Albania where they were working in caved in and buried them, local reports said. The Turkish nationals were brought across the nearby border with Kosovo to a hospital...

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Three workers injured in tunnel cave-in

Tirana - Three Turkish workers and an Albanian were injured Tuesday morning when the roof in a tunnel they were working in caved in and buried them, local reports said. The men, employees of the US-Turkish engineering consortium Bechtel-Enka, were op...

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Winds of Change Blow Past Bosnia

While Western Europe increasingly embraces alternative energy, Balkan states are ignoring the potential gains You can read the rest online...

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Croatia Says To Keep Shares In INA

Croatia has decided not to sell any more shares of the state oil firm, INA, and will seek to redefine its strategic partnership with Hungary's MOL, said Economy Minister Damir Polancec. You can read the rest online...

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Macedonia To Launch CNN Promo Campaign

Skopje-Macedonia presented the first in a series of tourism promotion adverts that will start running on CNN this week to showcase the Balkan country's cultural and natural treasures. You can read the rest online...

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Albania Interest Rate Unchanged

Tirana–The Bank of Albania kept its base rate unchanged at 6.25 per cent on Wednesday saying that inflation is under control and macroeconomic stability indicators are "within its main targets". You can read the rest online...

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Albania to Subsidize Electrcity Bills

Tirana– Albania government intends to pay a 10 million euro in electricity bills for public utilities such as water-supply companies, in the next year, Ministry of Finance Ridvan Bode said in a press conference. You can read the rest online...

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EBRD Provides €10 Million Co-financing to Leading Albanian bank

Tirana - The EBRD is extending its support for Albania's real economy by providing €10 million in co-financing to Albania's third largest bank, Banka Kombetare Tregtare (BKT). You can read the rest online...

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Albania to Rely on Debt to Elude Crises

Tirana - Albania will ask for debts in the international markets in order to afford the costs emanated from the global financial crisis during 2009, Minister of Finance Ridvan Bode said on Wednesday in a press conference. You can read the rest online...

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Albania T-Bills Rate in Multi-Year High

Tirana, - Albania treasury bills interest rates reached a multi year high on Tuesday as a result of higher demand for cash from the government and scarce offer from banks, data issued by Bank of Albania shows. You can read the rest online...

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Kosovo: Power Games Delay Escape from Poverty

In spite of generous foreign investment, the electricity is still ‘off’ for much of the time in Kosovo – damaging the impoverished country’s prospects. You can read the rest online...

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Albania, Moldova End Missions in Iraq

The Komandos have been responsible for force protection and security in and outside of FOB Marez, and have suffered five wounded in action since their involvement began. The Moldovans have safely secured more than half-a-million items of enemy ordnance since 2003, to include 7,300 pieces of unexploded ordnance around FOB Marez. [[ This is a content summary only. Visit my website for full links, other...

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Violent Row Over Albania Chromium Mine

Tirana– Seven miners went trapped inside a chromium mine in Bulqiza district when a competitive company blocked the entry of the gallery, Balkanweb.com reported. You can read the rest online...

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JCR assign BB+ Sovereign Rating to Albania

Tirana-JCR Eurasia Rating has assigned a sovereign rating of 'BB+' (double B plus) to Albania on the long term scale and 'B' (single B) on the short term horizon. You can read the rest online...