Albania’s 2027 Tax Plan Raises Concerns Over Foreign Investment and Business Climate
TIRANA, Albania — Albania’s proposed fiscal package for 2027 has triggered unusually broad opposition from domestic and foreign business organizations, with American, German and Italian investors warning that higher taxes and sudden changes in fiscal policy could undermine the country’s competitiveness and discourage future investment. The objections come as Prime …
Albania’s 2027 Fiscal Package and the Risks to Investment
This content is for members only. Visit the site and log in/register to read. The post Albania’s 2027 Fiscal Package and the Risks to Investment appeared first on Tirana Times. Original post Here
Finance Minister Petrit Malaj: 30% of 2027 budget allocated to social protection
Albania’s 2027 budget will reach €10 billion for the first time, with 30% allocated to social protection, Finance Minister Petrit Malaj said in a television interview. As part of the plan, the government has allocated €250 million to pensions in 2027, including funding for pension indexation. In addition, it plans …
Vlora port suspends small-vessel departures as weather conditions worsen
The Port of Vlora Harbour Master’s Office has banned departures by small vessels and fishing boats planning to operate outside the Bay of Vlora from November 11 to 14 due to worsening weather conditions. The forecast warns of southerly to southeasterly winds reaching force 7–8 on the Beaufort scale, with …
Vlora hosts European Film Academy board, opening new cooperation opportunities
The European Film Academy’s Board held its three-day meeting in Albania, bringing leading European producers and filmmakers to Vlora. During their stay, board members met Albanian film professionals and explored the country’s history, culture and filming potential. The visit aimed to create new partnerships and promote Albania as a destination …
U.S. President Trump nominates Mikhail Bogachek as ambassador to Kosova
U.S. President Donald Trump has nominated Mikhail Bogachek as the next US ambassador to Kosova, submitting his name to the Senate for confirmation. The White House announced the nomination on November 10. Meanwhile, the U.S. Embassy in Prishtina remains under the leadership of Chargé d’Affaires Anu Prattipati. Former ambassador Jeff …
Justice Minister Toni Gogu discusses faster court proceedings with Italian officials
Albanian Justice Minister Toni Gogu held three meetings in Rome with Italian officials to strengthen cooperation between the two countries in the field of justice. During a visit to the Italian Senate, Gogu met Maurizio Gasparri, chair of the Foreign Affairs and Defence Committee. He thanked Gasparri for ratifying the …
Agriculture budget rises 10% in 2027 to support farmers and food safety
Albania’s draft 2027 budget allocates around ALL 18 billion to the Ministry of Agriculture and Rural Development, a 10% increase on the initial 2026 budget, Agriculture Minister Andis Salla said. Rural development remains the main priority, with ALL 8.4 billion, including ALL 5.3 billion for the national support scheme, up …
Kanina Castle reopens to visitors after restoration works
Restoration and improvement works have finished at Kanina Castle in Vlora. The historic monument is now ready to welcome visitors with improved infrastructure, Tourism, Culture and Sports Minister Blendi Gonxhja announced. The project included conservation and structural works, alongside infrastructure upgrades, to protect the castle’s historical and cultural heritage. In …
Albania prepare for Finland in Nations League
Albania’s national team continued preparations for their upcoming matches against Finland and Belarus with a training session at the House of Football on Wednesday. The Albanian Football Association said all players trained at full intensity and were available to coach Rolando Maran. The team began the session in the gym …
TIRANA, Albania — Albania’s proposed fiscal package for 2027 has triggered unusually broad opposition from domestic and foreign business organizations, with American, German and Italian investors warning that higher taxes and sudden changes in fiscal policy could undermine the country’s competitiveness and discourage future investment. The objections come as Prime …
This content is for members only. Visit the site and log in/register to read. The post Albania’s 2027 Fiscal Package and the Risks to Investment appeared first on Tirana Times. Original post Here
Albania’s 2027 budget will reach €10 billion for the first time, with 30% allocated to social protection, Finance Minister Petrit Malaj said in a television interview. As part of the plan, the government has allocated €250 million to pensions in 2027, including funding for pension indexation. In addition, it plans …
The Port of Vlora Harbour Master’s Office has banned departures by small vessels and fishing boats planning to operate outside the Bay of Vlora from November 11 to 14 due to worsening weather conditions. The forecast warns of southerly to southeasterly winds reaching force 7–8 on the Beaufort scale, with …
The European Film Academy’s Board held its three-day meeting in Albania, bringing leading European producers and filmmakers to Vlora. During their stay, board members met Albanian film professionals and explored the country’s history, culture and filming potential. The visit aimed to create new partnerships and promote Albania as a destination …
U.S. President Donald Trump has nominated Mikhail Bogachek as the next US ambassador to Kosova, submitting his name to the Senate for confirmation. The White House announced the nomination on November 10. Meanwhile, the U.S. Embassy in Prishtina remains under the leadership of Chargé d’Affaires Anu Prattipati. Former ambassador Jeff …
Albanian Justice Minister Toni Gogu held three meetings in Rome with Italian officials to strengthen cooperation between the two countries in the field of justice. During a visit to the Italian Senate, Gogu met Maurizio Gasparri, chair of the Foreign Affairs and Defence Committee. He thanked Gasparri for ratifying the …
Albania’s draft 2027 budget allocates around ALL 18 billion to the Ministry of Agriculture and Rural Development, a 10% increase on the initial 2026 budget, Agriculture Minister Andis Salla said. Rural development remains the main priority, with ALL 8.4 billion, including ALL 5.3 billion for the national support scheme, up …
Restoration and improvement works have finished at Kanina Castle in Vlora. The historic monument is now ready to welcome visitors with improved infrastructure, Tourism, Culture and Sports Minister Blendi Gonxhja announced. The project included conservation and structural works, alongside infrastructure upgrades, to protect the castle’s historical and cultural heritage. In …
Albania’s national team continued preparations for their upcoming matches against Finland and Belarus with a training session at the House of Football on Wednesday. The Albanian Football Association said all players trained at full intensity and were available to coach Rolando Maran. The team began the session in the gym …