The increasing value of the Lek in relation to the Euro, the American Dollar, the British Pound in the currency market should be understood by all consumers and businesses, that the Lek can buy a greater amount of goods and...
Inward flows of remittances have grown rapidly in recent years, with an average growth rate in the last 3 years (2021-2023) of 10.5% and dominate all other annual financial flows from sources abroad. Despite these trends, which began to increase...
The economic landscape has changed over the last 10 years in Albania, but the pension system has not been adapted to the social and economic environment. An aging population together with increasing informal employment naturally requires additional resources for income security...
Albania faces a major challenge related to informality and non-payment of social security, which has negative effects on the economy and social systems. However, comparison with neighboring countries such as Kosovo, North Macedonia and Greece, shows that there is room...
Minimum wages have a positive and significant effect mainly on formal sector wages. However, this does not appear to have any significant effect on informal sector wages. By studying the effect on workers working in the informal sector, it is...
More countries are creating opportunities for digital nomads to work without being required to pay taxes in the country where they are registered. These opportunities are common in countries with flexible and foreigner-friendly policies, offering tax exemptions for a specific...
Businesses in Albania can withdraw up to 500,000 ALL per day from their bank accounts. Withdrawals exceeding this threshold are subject to additional reporting requirements. For amounts exceeding the 500,000 ALL daily limit, businesses are required to: Provide documentation justifying the need...
Real estate prices have grown faster than incomes in Albania, as in many other countries. They are continuing to grow even in 2024, but not at the high rates of recent years. Fred Harrison argues that rising prices are the key...
Economic performance varies significantly between the first quarters of the last 10 years (2015 -2024). In a comparative view of the gross domestic product (last column), according to the quarters between each other, the year 2020 shows a decrease in the...
ALTAX comes with a new political-economic paper where it presents historical statistical facts from the year 2000 until today on the sustainability of the public debt, which is considered a key element in this paper, based a lot on the...
