Albanian households and businesses hold approximately ALL 1.8 trillion (around €18 billion) in bank deposits, while the country’s ten largest depositors account for about 7.5% of the total savings in the banking system. According to the Bank of Albania’s Supervision Report, total deposits reached ALL 1.8 trillion at the end …
The 31-kilometre Qafë Qelë–Koman road has been reconstructed, significantly improving access to one of northern Albania’s most promising tourist destinations. Minister of Infrastructure and Energy Enea Karakaçi, together with the Director of the Albanian Road Authority, Ami Kozeli, inspected the completed works during a site visit. The investment is considered …
Albania will initially contribute staff officers to the international stabilization mission in Gaza, Defense Minister Ermal Nufi announced in an interview with Euronews Albania. Nufi said that following the completion of a reconnaissance and assessment mission, and after reviewing the report prepared by Albanian officers, the General Staff of the …
TIRANA, July 10 – The mountain village of Theth, located 70 kilometres from Shkodër, continues to rank among Albania’s most popular summer destinations. Large numbers of Albanian and foreign visitors are exploring the area during the peak tourist season. They come to experience Theth’s natural beauty as well as its …
TIRANA, July 10 – Kosova’s political leaders began talks on Thursday to establish new institutions following the snap parliamentary elections held on 7 June. Acting Prime Minister and Self-Determination Movement leader Albin Kurti met Democratic Party of Kosova leader Bedri Hamza at the Assembly. Later in the day, Kurti is …
The stunning landscapes of the Shkodër region have become the backdrop for Honda’s latest advertising campaign, showcasing Albania’s growing appeal for international productions. Prime Minister Edi Rama shared images from the commercial and said the project highlights Shkodra’s rise as an important destination for high-level film and advertising productions. In …
TIRANA, July 10 – The Kanye West concert on 11 July is set to place Tirana among the capitals capable of hosting major international music events. Tourism, Culture and Sports Minister Blendi Gonxhja said the concert represents more than a live performance. He described it as a strategic test of …
The sixth edition of the Porto Palermo Festival will bring 12 nights of music and artistic performances to the Albanian Riviera from July 30 to August 16. Festival founder Olen Cesari has prepared a diverse program featuring renowned Albanian and international artists, transforming the historic Porto Palermo Castle into a …
TIRANA, July 10 – The Albanian government has launched the Urban Renaissance 2.0 programme, a new initiative that aims to transform communities, support local economic growth and strengthen cooperation between central and local government. State Minister for Local Government Ervin Demo described the programme as an ambitious plan designed to …
TIRANA, July 10 – Economy and Innovation Minister Delina Ibrahimaj presented the government’s vision for economic development and entrepreneurship support during the “Urban Renaissance 2.0” event. She said the new urban development program goes beyond city revitalization. According to Ibrahimaj, it aims to create a development model that supports sustainable …