ATA

Central Bank: Eased key interest rate to have positive impact on economy in three directions

TIRANA, July 8 /ATA/ – The Bank of Albania told Albanian Telegraphic Agency (ATA) on Sunday that its decision to ease the monetary policy by reducing the key interest rate by 0.25 percentage points recently will have a positive impact…

BoA: Real estate sector attracts 23% of FDI flows into Albania in Q1, 2024

Foreign direct investment (FDI) flows into Albania have been steadily increasing, mostly driven by the country’s real estate sector and the high margin of profits reinvested in various sectors of the economy. The Bank of Albania said Thursday that investment…

BoA: Lek-denominated bank loan portfolio up by 4%

TIRANA, July 3 /ATA/ – Businesses and individuals increasingly prefer bank loans in the national Albanian currency, the Lek. The latest Bank of Albania report shows a significant shift in lending patterns over the past year with the Lek-denominated bank…

Hasani: No more reservations and delays in integration of Western Balkans

The Assembly organized on Monday the meeting of the Commission of the Parliamentary Dimension of the Central Europe Initiative, entitled: “The role of parliaments in the oversight of governments and the process of European integration.” This activity takes place within…

Brazilian carnival show on Lungomare of Vlora, a magical spectacle under samba rhythms and colorful costumes

As part of International Cultural Weeks, the Brazilian Cultural Week was presented in Albania for the first time. Film screenings, a strings concert, literary and musical activities were organized from June 21 to 29 in Tirana, to conclude with the…

Kamenica Tumulus, summer archaeological destination

Kamenica Tumulus, about 15 km from Korça, is one of the most important archaeological sites in the Balkans. With the opening of the tourist season, Kamenica Tumulus has turned into a welcoming destination for foreign visitors, who have visited Korça…

Census 2023, Dhuli: 2 402 113 inhabitants in Albania

General Director of the INSTAT Elsa Dhuli stated today that there are about 2.4 million inhabitants in Albania. At the press conference today to announce the data from the 2023 Census, Dhuli said that in Albania there are 2,402,113 inhabitants,…

Albania becomes a member of International Union for Conservation of Nature

TIRANA, June 27/ATA/ Albania officially joins the International Union for Conservation of Nature becoming the 87th member country of this organization. The membership follows the official approval of the statutes of this organization. This step shows Albania’s commitment to global…

BoA: Foreign investment in Albania’s real estate amount to 1.7 billion euros

Real estate was the sector attracting the largest volume of the foreign investment in the Albanian economy in the first quarter of 2024, the Bank of Albania said on Tuesday. Data from central bank showed that investment in Albania’s real…

Technical team established to prepare application for Vjosa Valley’s inscription on UNESCO World Heritage List

Albanian authorities have already launched work as part of the government’s plan to make the Vjosa River basin a UNESCO biosphere reserve to enable the sustainable protection of the river, whose waters flow unhindered from its source to the Adriatic…

Akernia pumping station is reconstructed, 40-year old pumps replaced with latest generation ones

The old pumps of Akernia pumping station that were being used for about 40 years had significantly lost their water removal capacity. Therefore, they have been replaced with the most modern means that will guarantee the drainage of about 4600…

New archaeological center near Korça added to tourist potential of region

TIRANA, June 21/ATA/ A new archaeological center is added to the rich cultural and archaeological heritage of Korça area. Prefect of Korça region Nertil Jole personally visited the works of the Albanian-French archaeological expedition there and gave the news in…