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News
Fluctuations in the foreign exchange market – Euro, Pound and Dollar weaken
12+ hour, 18+ min ago (155+ words) The US dollar had significant fluctuations in its value this Thursday compared to the day before, as it was bought today at 78.8 lek and sold at 79.8 lek according to the local exchange rate. The European currency has also suffered a…...
Global investors are more optimistic - Bank of America survey: 54% do not expect economic downturn
1+ mon, 1+ week ago (292+ words) Global investor sentiment has climbed to its strongest level since February, with fund managers becoming more optimistic about the economic outlook, spending related to artificial intelligence and the prospect of a more dovish Federal Reserve, the latest Bank of America…...
ECB raises interest rates for first time in three years - Reaction comes after Iran war spurs inflation
2+ mon, 2+ week ago (143+ words) The European Central Bank has raised interest rates for the first time in almost three years. The deposit rate went from 2% to 2.25%, after a meeting of the governing council on Thursday. The increase in key interest rates marks a clear…...
Eurozone banks tighten lending - ECB survey: Financing conditions are worsening due to the conflict in Iran
3+ mon, 4+ week ago (272+ words) Eurozone banks tightened access to credit in the first three months of the year and expect to continue to do so this quarter as the war in Iran raises energy prices and financing costs, a European Central Bank survey showed....
What does the closure of Hormuz mean for the economy? - According to analysts, further increase in global prices is expected
4+ mon, 1+ week ago (335+ words) Analysts predict that if the Strait of Hormuz, a vital artery of global trade, remains virtually closed to shipping for just a week or two longer, a global energy price shock will translate into shortages of fuel, fertilizer and industrial…...
China's economy, early momentum in 2026 - Rising global risks could curb growth
5+ mon, 1+ week ago (135+ words) China's economy started the year on a stronger growth footing. Factory output accelerated, retail sales and investment rebounded in January and February, providing early relief for policymakers. But the US-Israeli war with Iran is bringing new uncertainties to growth. For…...
The government approves the compensation of contributions for businesses affected by the minimum wage increase
5+ mon, 3+ week ago (338+ words) The Council of Ministers today approved the decision to determine the rules, criteria and amount of compensation for social and health insurance contributions for employers, as a result of the increase in the minimum wage. According to the decision, businesses…...
Fuel prices start to rise in the region - Experts: Prolongation of the conflict in the Middle East, further impacts
5+ mon, 3+ week ago (332+ words) Authorities and experts in Southeast Europe are warning of future fuel price increases across the region, following the rise in oil prices on global markets amid the US-Israeli war against Iran. To prevent supply risks, ANRE has also introduced a…...