ALACO DISPATCHES: Erdogan’s embrace of Western Balkans worries EU

Yigal Chazan of Alaco Dispatches August 10, 2018

The controversial Turkish leader has been building economic bridges with the region but is his engagement in its best long-term interests?  

Hydropower rebounds in the Western Balkans

Clare Nuttall in Bucharest August 8, 2018

After a severe drought caused hydropower generation to slump in the Western Balkans last year, the latest data show a sharp rebound in hydroelectricity production in the first half of 2018.

Leading Hungarian lender OTP to acquire Bulgarian, Albanian units of Societe Generale

bne IntelliNews August 2, 2018

The deal fits well with OTP's strategy to prioritise foreign expansion and grow in the Central and Southeast European markets where it is already present but has a small market share.

Albania’s currency stabilises against the euro

Valentina Dimitrievska in Skopje July 29, 2018

The more stable national currency in the past forty days reflects ongoing euro purchases by Albania’s central bank after unprecedented strengthening that local media claimed was linked to drug profits.

Albania’s Balfin acquires Kosovo’s idled Newco Ferronikeli

Valentina Dimitrievska in Skopje July 24, 2018

Newco Ferronikeli stopped operations four months ago after operating at only part of its capacity for the previous 18 months as it was affected by low nickel prices.

Albania posts HICP inflation of 2.1% y/y in June

bne IntelliNews July 18, 2018

Inflation in June was driven mostly by food and non-alcoholic beverage prices though there was also a spike in recreation and culture prices during the month.