Albania Country Report - November, 2015

December 11, 2015

This report covers the key macroeconomic and financial releases as well as the political events
from Albania for the period of November 9 - December 10, 2015.
Albania needs to finalise judiciary reforms to open EU accession talks
Albania continues efforts to spur credit positive structural reforms - Moody's
Nato head praises Albania’s role in Western Balkans stability
IMF reaches staff-level agreement with Albania, new disbursement under the EFF arrangement
possible in January
Albania targets budget deficit of 2.2% of GDP in 2016
Albanian parliament rejects proposal for international investigation into CEZ deal
Bankers Petroleum reaches deal to unfreeze its bank accounts in Albania
Albanian opposition clashes with police on Dec 8 at protest aimed to topple government
Key points:
• The CPI inflation stays flat at 2.1% y/y in Nov
• Albania's consolidated budget gap shrank by 43.1% y/y in Jan-Oct
• Trade gap increased by 0.6% y/y to €1.7bn in the first ten months of 2015
• Albania’s commercial bank loan portfolio down 1.7% y/y at end-Oct
• Albania's current account gap widened by 10.1% y/y in Q3
• Albania's gross external debt up 8.2% y/y at end Q3

To view this extensive report in full including details such as —

  • Macroeconomic Analysis
  • Politics Analysis
  • Industrial sectors and trade
  • FX, Financials and Capital Markets
  • And more!

For a one-off purchase click here

For an annual subscription click here

For a free sample click here

Related Reports

Russia country report - March, 2024

Russia's economic growth accelerated in January 2024, expanding by 4.6% y/y, up from a 4.4% increase in December, according to the Russian Ministry of Economic Development. Both industrial ... more

Ukraine country report - February, 2024

Ukraine's economy grew 5% in 2023, far better than anyone expected, following a substantial decline of 28.8% in 2022, according to Yulia Svyrydenko, the First Deputy Prime Minister and Minister of ... more

Russia country report - February, 2024

The latest revisions to Rosstat data says that Russia ended 2023 with even better growth than the 3.5% expected at 4%. This is almost double the 2.2% expected as late as December. The military ... more

Dismiss