Monthly Archives - June 2023

Albania strengthened transparency and improved regulation and oversight, but not enough to remove it from the gray list

Albania has improved its measures to combat money laundering and the financing of terrorism (AML/CFT), concludes MONEYVAL in a follow-up report published on June 21, 2023[1]. Albania has made progress in addressing the technical compliance gaps identified in...

Medical and industrial cannabis: Comments regarding the government’s proposal from country experience

In the draft law approved by the Albanian government on June 16, 2023, there is already a concrete proposal[1] for the Assembly of Albania to approve the discourse on the cultivation, production and controlled circulation of the cannabis...

… capital market in the era of postliberal capitalism

The primary function of the capital market is to bring together investors who buy securities with those who sell them. The three main participants of the capital market are individuals (also known as investors), borrowers and shareholders[1]. Based on...

A weaker euro is affecting everything and cutting some gains in the country

By far, the euro's biggest obstacle is a single monetary policy that often does not suit local economic conditions. It is common for EU countries to benefit under these conditions. In contrast, others, including Albania, suffer from this discriminatory course...

Politicians in capitalism, citizens in socialism

In a capitalist economy, the government acts as a regulatory and supplementary body. Whereas, in a socialist economy, the government plays a comprehensive role in all economic activities, such as production, distribution and consumption of a country. These are responsibilities...

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