Albania Country Report - July , 2016

August 12, 2016

This report covers the key macroeconomic and financial releases as well as the political events from Albania for the period of July 11, 2016 – August 13, 2016.
Albania’s central bank to rebuild Tirana landmark Hotel Dajti after controversial acquisition
CONFERENCE CALL: EU leaders reassure Western Balkans on integration after Brexit vote
Albanian parliament adopts judicial reform package after last minute delay
Bankers Petroleum expects to close transaction with Geo Jade by end-September
Albanian government abandons plans to have Becchetti extradited from UK
Albania’s National Lottery sold for €1 due to huge losses
S&P affirms 'B+/B' rating on Albania
Audit reveals Albanian banks illegally profited from damaged banknote scheme

Key points:
• Albania's inflation accelerates to 1.9% y/y in July
• Albania's economic growth gains speeds in Q1
• State budget surplus holds in H1
• Economic outlook index improves q/q in Q2
• Albania’s trade gap widens 25.4% y/y in H1
• Commercial bank deposits turn to growth at end-June

To Purchase This Report - Click Here

Related Reports

Ukraine Country Report Jun18 - June, 2018

Ukraine’s economy is recovering and put in 3%-plus growth in the first quarter -- its best result since the economic collapse. But the economy has not built up the momentum it should have in a ... more

Belarus Country Report Jun18 - June, 2018

Belarus’s economy continues to make good progress on the back of Russia’s revival. GDP growth in Belarus in 2018 may exceed 3.5% this year. Belarus needs to make the maximum use of the ... more

Iran Country Report Jun18 - June, 2018

Iran’s real GDP growth is forecast to edge down to 4.0% in both 2018 and 2019 after coming in at 4.3% in 2017, according to the latest edition of the World Economic Outlook issued by the ... more