Friday, 19 April 2024

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Recent News

  • Albania's Cocaine Haul Draws Both Praise and Accusations

    13:27 | 2/3/18
    Balkan Insight
    The opposition claims the centre-left government itself has presided over Albania's transformation into a drugs hub for the whole of Europe, and that claim drugs proceeds were used to sway last year's elections, which Rama's Socialists won. more»

  • What is happening with lek?

    20:30 | 28/2/18
    Independent Balkan News Agency (blog)
    The period coinciding with the first months of the year, especially spring, has been known to be a period where the euro has strengthened as opposed to lek. Until March, big companies, banks, etc, which are held by foreign companies, once they produce ... more»

  • EBRD and Albania to boost local currency finance

    04:33 | 27/2/18
    The FINANCIAL
    President Chakrabarti said: “This is a milestone agreement as it combines two critical areas for Albania's economy, namely the development of a sustainable local capital market and the domestic SME sector. more»

  • S&P affirms Albania at B+/B, outlook stable

    23:30 | 5/2/18
    SeeNews
    The Albanian lek remains a generally free-floating currency, and this has been underscored recently by strong upward pressure on the currency. more»

  • Cash-strapped Vllaznia looking for investors to return competitive to Albanian ...

    02:30 | 12/12/17
    Tirana Times
    According to a document published on the Shkodra municipality's website, the club's losses were at an average of 51 million lek (€380,000) annually from 2011 to 2015 when the municipality was the sole owner of Vllaznia following the withdrawal of its ... more»

  • Businesses in Albania place over 1 bln USD in long-term deposits: statistics

    01:22 | 1/11/17
    Xinhua
    While businesses tend to put their money in banks, Albanian households are withdrawing savings in national currency Lek from banks, as interest rates have not been favorable in recent years. The Bank of Albania statistics published showed that ... more»

  • Albanian lek loses ground against Euro as tourist season ends

    23:03 | 4/9/17
    Tirana Times (subscription)
    Albania's national currency has slightly weakened against Europe's single currency in the past couple of weeks as the tourist season is coming to an end and dozens of thousands of Albanian immigrants who came home to spend their summer vacations have ... more»

  • Higher fines mulled for environment 'crimes'

    03:00 | 31/8/17
    Malaya
    The Department of Environment and Natural Resources (DENR) seeks higher fines for environmental offenders as the agency has started the process of finding ways to determine the monetary value of lost environmental goods and services as a result of ... more»

  • BUT OUTLOOK DARKER; Britain posts first budget surplus in 15 years

    01:52 | 24/8/17
    Malaya
    LONDON- Britain unexpectedly posted its first budget surplus for any July since 2002 according to official data on Tuesday, welcome news for finance minister Philip Hammond in what still looks likely to be a difficult financial year for the government. more»

  • Only the best and the brightest?

    04:38 | 15/8/17
    Malaya
    LOOK up any news story about a public servant under fire and chances are, you'll find a threat of some sort from a superior official to transfer the person in question to any place in Mindanao. more»
Global Indices
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Currencies
CodeLastChange
EURUSD0.97210.00550.56%
NZDUSD0.55480.00931.65%
AUDUSD0.61940.01071.70%
NZDAUD0.89640.00100.11%