TIRANA, May 2 (Reuters) - Albania's central bank held its benchmark rate at its lowest-ever level of 1.25 percent on Wednesday and said its monetary stimulus would remain strong until April 2019.
moreTIRANA, April 25 (Xinhua) -- Unemployment benefits in Albania in 2017 were nearly halved, with the government paying out only 536 million Albanian lek (5 million U.S. dollars) compared to the 1 billion lek it spent in 2016, according to the National ...
moreBEIJING, April 13 (Xinhua) -- The People's Bank of China (PBOC), the central bank, said Friday that it has extended a currency swap agreement with Albania. The agreement allowed the two sides to swap two billion yuan (318 million U.S. dollars) for 34.2 ...
more| 15 Mar 2018 04:11 | Exit - Explain Albania |
During the last 20 days, the local lek has appreciated in relation to the European euro. the exchange rate for the latter has fallen, reaching levels even lower than during the general election in 2017, when a large amount of euros entered the market ...
more| 13 Mar 2018 05:40 | Exit - Explain Albania |
The study explains that the Tirana municipality, for lack of funds, “must apply innovative methods of procurement and financing for the project proposal” to build 17 new schools, indispensable for the city, that will cost around $58 million (6.2 ...
more| 01 Mar 2018 18:27 | Balkan Insight |
The opposition claims the centre-left government itself has presided over Albania's transformation into a drugs hub for the whole of Europe, and that claim drugs proceeds were used to sway last year's elections, which Rama's Socialists won.
more| 28 Feb 2018 01:30 | Independent Balkan News Agency (blog) |
The period coinciding with the first months of the year, especially spring, has been known to be a period where the euro has strengthened as opposed to lek. Until March, big companies, banks, etc, which are held by foreign companies, once they produce ...
more| 27 Feb 2018 06:33 | Independent Balkan News Agency |
Last year, interest rates on new saving deposits and loans, have registered their lowest levels. Such fact has been confirmed by experts of the Bank of Albania in the latest report on monetary policy. According to them, deposits and loans are ...
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