Albania

Retail sales dropped 8.3% y/y in Albania in 2Q20

bne IntelliNews September 15, 2020

Albania was under a strict lockdown for the first month of the quarter, with many non-essential businesses closed, and restrictions were gradually lifted during May and June.

Southeast Europeans most likely to die from environment-related factors

bne IntelliNews September 9, 2020

Clear divide between west and east of the continent in preventable deaths attributable to the environment. More than a quarter of all deaths in Bosnia linked to environment.

Albania’s annual CPI inflation slows slightly to 1.3% in August

bne IntelliNews September 9, 2020

Central bank governor Gent Sejko says the current monetary conditions provide the necessary stimulus to encourage economic growth and for the return of inflation close to the target of 3% by 2022.

The Balkans: External debts in uncertain times

Alexandru M. Tanase in London September 8, 2020

Are countries in the Balkan region taking on more debt than they can afford?

$0.5bn laundered through Albania’s real estate sector in 2019 as drug trade booms

bne IntelliNews August 30, 2020

The transit trade in drugs is estimated to be worth more $0.5bn a year in Albania — and a similar amount was laundered through the country’s real estate sector in 2019, says the Global Initiative against Transnational Organized Crime.

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