Albania
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VISEGRAD BLOG: Macron makes the weather in Eastern Europe
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
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
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
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
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
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
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
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
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
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
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
Albania, Kosovo and Romania stand out with strong projected growth in 2023-25, wiiw forecasts show.
Emerging Europe on tentative recovery path from 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
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
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
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
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
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
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
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.
