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News
End of the "golden" period, Albanian economy profits fall by 12% in 2025
1+ hour, 31+ min ago (383+ words) The Albanian economy's gross operating profit has seen strong growth after the pandemic, but 2025 data shows profits have returned to decline. Gross operating profit in an economy measures the income that producers have left over from economic activity, after paying…...
Kosovo registers fewer new businesses/Decline of over 5% within a year
13+ hour, 24+ min ago (430+ words) The number of new enterprises registered in Kosovo continued to decline during June 2026, reflecting a slowdown in the pace of business openings. Data published by the Kosovo Agency of Statistics show that new registrations have decreased both compared to the…...
How does Europe compare to the world's richest countries?
6+ day, 1+ hour ago (748+ words) The average wealth per adult in Western Europe is less than half that of the U.S. European countries perform better in average wealth, while the U.S. falls significantly. Wealth per person across the globe varies significantly, as shown by the UBS Global…...
The coast is suspending the new reference prices, in some districts the revaluation continues with the 2016 values
3+ week, 1+ day ago (656+ words) Although about 6 months have passed since the start of the process of revaluation of assets with a reduced 5% tax, the working group at the Ministry of Finance has not yet completed the drafting of new reference prices for the districts....
Labor market/Wage gap widens
1+ mon, 2+ week ago (256+ words) The labor market is facing increasing polarization where wage growth appears as a process divided into two opposing worlds. According to INSTAT data for the first quarter of 2026, the average gross monthly salary increased to 90,119 lekë, marking an increase of…...
Transparency Board increases oil and gasoline prices
1+ mon, 4+ week ago (150+ words) The Transparency Board on June 2, 2026, at its next meeting, decided: The retail price of the gasoil by-product of the SSH EN 590 standard shall be no more than 191 lek/liter, while the wholesale price shall be no more than 179 lek/liter....
3-month home loan declines for the first time since 2020
2+ mon, 3+ week ago (514+ words) Home loans closed the first quarter of the year in decline, for the first time in the post-pandemic period. Bank of Albania data show that for the period January-March, the banking sector granted a total of 13.5 billion lek in new…...
Time deposits in Lek increased for the second consecutive year in 2025
4+ mon, 2+ week ago (487+ words) Time deposits in Lek increased for the second consecutive year last year. Bank of Albania statistics show that, at the end of 2025, term deposits in local currency reached the value of 226.3 billion lek, an increase of 9.2% compared to the previous…...
The prices are not as cheap as they officially say!
4+ mon, 3+ week ago (447+ words) Core inflation has started to increase in 2026. According to information from the Bank of Albania, annual core inflation for January increased to 3.09%, from 3.03% in December 2025 and 2.36% in January 2025. At these levels, core inflation is confirmed near the highest levels of…...
Euro deepens decline and drops below 96 lek for the first time
4+ mon, 3+ week ago (300+ words) The Euro/Lek exchange rate closed the week in further decline, breaking the 96 Lek mark for the first time. According to the official exchange rate of the Bank of Albania, the Euro was exchanged on Friday for 95.89 Lek, the lowest…...