Albania

VISEGRAD BLOG: Macron makes the weather in Eastern Europe

Robert Anderson in Prague May 31, 2023

The French president tried to persuade sceptical East Europeans that they had nothing to fear from a Europe that was more self-reliant in security – and he almost pulled it off.

Freedom House says Ukraine war threatens democracy across Emerging Europe

Clare Nuttall in Glasgow May 25, 2023

Democratic governance deteriorates in Emerging Europe and Central Asia, with worst declines in already authoritarian regions.

Southeast Europe tourism concentrated in peak summer months despite efforts to diversify

bne IntelliNews May 25, 2023

Seasonal pattern was most pronounced in Croatia, with 60% of tourist nights spent in July and August.

OPINION: Azerbaijan’s energy diplomacy pivots to the Balkans

Fuad Shahbazov in Durham May 23, 2023

Azerbaijan can’t fully substitute for Russian gas at the pan-European level, but it can play a crucial role in promoting the energy security of individual states.

EBRD cuts regional growth forecasts again but Central Asia still going strong

Clare Nuttall in Samarkand May 16, 2023

Inflation remains a drag on growth in Emerging Europe, along with sluggish growth in advanced economies and stricter financing conditions in Central Europe and the Baltic states.

BRICKS AND MORTAR: Balkan real estate market shifts from offices to logistics

Valentina Dimitrievska May 14, 2023

After the pandemic, working from home and hybrid models have significantly transformed trends in the office market.

Albanian lek reaches new record high against the euro

bne IntelliNews May 11, 2023

Albania’s currency, the lek, continued its rise against the euro in the first five months of 2023, reaching new highs against the European single currency.

Over €416mn to be spent on Adriatic sea tourism infrastructure by 2025

Aida Kadyrzhanova in Almaty May 10, 2023

Major new investments in marinas at Vlora in Albania and Rijeka in Croatia are going ahead, as infrastructure is developed along the eastern Adriatic coast.

Albania’s annual inflation sinks to 4.6% in April

bne IntelliNews May 8, 2023

Albania’s inflation has been on a downward trend since it peaked at 8.3% in October.

Albania becomes an unexpected crisis-era success story

Clare Nuttall in Glasgow May 5, 2023

Modest inflation, a record-high lek and one of the Emerging Europe region’s fastest projected growth rates.

bneGREEN: Europe suffers second-worst year for wildfires since records began

bne IntelliNews May 4, 2023

Fires in 45 countries burnt an area the size of Montenegro, with Ukraine, Spain and Romania the worst affected countries.

Southeast European economies expected to outperform the wider region

bne IntelliNews May 1, 2023

Albania, Kosovo and Romania stand out with strong projected growth in 2023-25, wiiw forecasts show.

Emerging Europe on tentative recovery path from 2023

bne IntelliNews April 27, 2023

The Central, Eastern and Southeast Europe economies have largely digested the economic shock caused by the war in Ukraine and are heading for modest growth this year, says wiiw.

Job creation loses pace in the Western Balkans

bne IntelliNews April 26, 2023

Unemployment fell, but mainly as a result of the declining labour force and an increase in inactivity, World Bank report reveals.

Inflation in Western Balkans to remain elevated through 2023, World Bank says

bne IntelliNews April 26, 2023

Core inflation has increased in almost all Western Balkan countries since mid-2022 and price pressures remain broad-based.

Resilient Western Balkan economies now bigger than before pandemic

bne IntelliNews April 25, 2023

World Bank says reforms are needed to prepare the region for future shocks as growth is set to moderate this year.

ING: World trade to see big shifts and weaker growth in 2023

ING April 21, 2023

World trade has been falling, but we still expect growth to return this year. We do notice large shifts in world trade as advanced economies – especially the US – are diversifying input sourcing.

ING: IMF remains cautious on world economic outlook

ING April 15, 2023

Amid a downgrade to the IMF’s global growth forecast, EM sovereigns should remain resilient with areas of relative growth outperformance, easing pressure on commodity importers and fiscal reform momentum.

Central and Southeast European companies eye lucrative Ukraine reconstruction opportunities

bne IntelliNews April 11, 2023

There is no end in sight yet to the war in Ukraine, but governments and businesses in Central and Southeast Europe are already eyeing potential contracts when the war finally does cease and rebuilding on a massive scale can start.

Surge in PPP investments in the Western Balkans threatens fiscal stability

bne IntelliNews April 3, 2023

A new study published by the IMF finds PPP investments in the region compared to GDP are higher than in the EU, and warns of the risks from poorly managed PPP projects.

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