Albanias cabinet plans to increase the minimum monthly wage in the country by an average of 5%, effective as of July 1, local TV Klan informed. The minimum monthly salary will grow by ALL 1,000 to ALL 21,000 (EUR 151.7). Pensions will grow by 3.5% in cities and by 5% in villages. The government last increased the pensions in July 2011, when the lowest pension climbed by 7% and the highest by 4%. At the same time, the government raised the minimum monthly wage by 5.2% to ALL 20,000. |
Albania has called a tender to select a company to supervise the construction and supplies for a sewerage system and waste water treatment plant in Velipoja area, the European Commission informed ... more
The Albanian government has approved changes in the concessionary agreement for the Devoll Hydropower cascade, which formally enables Austrian EVN to exit from the project, the cabinets press ... more
The economy and finance committee of Albanias Parliament has approved a EUR 12.7mn loan from the European Bank for Reconstruction and Development (EBRD) to be used to fund a project for upgrading ... more