Albania

Albania to revise 2019, 2020 budgets to fund post-earthquake reconstruction

Valentina Dimitrievska in Skopje December 2, 2019

Finance Minister Anila Denaj says budgets will be revised from scratch and funds diverted from other projects to fund reconstruction after 4,000 people lost their homes.

Western Balkans divided over “mini Schengen”

Denitsa Koseva in Sofia November 26, 2019

Albanian PM slams “patriots in pyjamas” as Bosnia, Kosovo and Montenegro hold off on joining regional integration project.

UPDATED: 21 dead in strongest earthquake in Albania in recent decades

Valentina Dimitrievska in Skopje November 26, 2019

6.4 magnitude earthquake that hit Albania early on November 26 was felt across the region.

IMF Blog: Frontier market borrowing binge

International Monetary Fund November 25, 2019

Rock bottom global interest rates have been a boon for so-called frontier-market countries, which have been able to borrow cheaply to finance their development needs. But there can be too much of a good thing

Albania, North Macedonia and Serbia agree to set up common market

Valentina Dimitrievska in Skopje November 10, 2019

Eliminating obstacles to the free movement of people, goods, services and capital will facilitate trade and investment in the Western Balkans — but the primary goal of all three countries is EU accession.

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