Poor performance on latest index from Transparency International comes after years of warnings of the risks of democratic backsliding in the region should states fail to progress towards EU accession.
Albania has historically run a substantial trade deficit caused by its narrow production and export base, and has partly funded this with remittances from Albanians living abroad.
Western Balkans Investment Framework (WBIF) study reveals huge untapped renewable energy potential in the region, which currently relies heavily on coal power.
Oliver Varhelyi pledged to work for the start of negotiations in spring, alongside the adoption of an economic plan to support the region.
EU officials to start working on changes to the enlargement methodology soon in attempt to persuade French President Emmanuel Macron to approve start of negotiations with Albania and North Macedonia.
Albania’s GDP increased by 3.81% year-on-year in the third quarter of 2019, with the mining sector leading the growth
Albania enters the new decade still reeling from the deadly earthquake that struck in November 2019. On the political front 2020 is also a year of uncertainty as Tirana waits for the EU’s decision on the start of accession negotiations.
Just as brusquely as the French president recently discredited Nato (where France's real influence may not be so great), he has done the same with the Western Balkans and the EU enlargement process. And in the EU, France's position is decisive.