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
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
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