News

The strength of Lek and the paradox of Albania’s Foreign Exchange market

A typical day at the foreign exchange offices in downtown Tirana on 28 October 2025 reveals more than any statistical report. While the official euro exchange rate stands at around 96.8 lek, several currency exchange offices in the physical market...

Government announces 2026 Fiscal Package with major changes, but without consultation

The Albanian government is preparing a new fiscal package set to take effect on January 1, 2026, introducing significant changes to several key laws of the country’s tax and financial system.According to proposals from the Ministry of Finance released to...

Albanian tourism 2021 – 2025 is moving from quantitative growth to sustainable formalization

During the period 2021–2025, tourism in Albania has moved from a post-pandemic recovery phase to a consolidation phase with clear growth trends. Data on overnight stays (the number of nights spent by visitors in accommodation facilities) show not only a...

Euro keeps falling despite record Bank of Albania interventions, but is monetary credibility at risk?

In 2024, the Bank of Albania carried out one of its largest interventions in history, purchasing €930 million[1], and €800 million for 9-months in 2026, in foreign currency in an effort to curb the excessive strengthening of the...

Household consumption in 2024 between stability and subtle change

A Year of “careful balance” [1] Data from the Household Economic Units Budget Survey (ABNJEF 2024) portray a picture of the Albanian household economy navigating between improved purchasing power and persistent structural constraints.The 1.5% increase in consumption spending, although...

Economic confidence trend 2025: Shifting stability, but no substantial progress

During the first 9 months of 2025, the Economic Sentiment Indicator (ESI) displayed a volatile dynamic while maintaining a level above the historical average, a clear sign of relative stability. The early months of the year recorded slight declines...

Transparency and access to information in Albania: Challenges and the need for Action

In Albania, challenges related to transparent governance and access to information remain evident, reflecting several findings from GRECO’s Fifth Evaluation Round. The report[1] highlights that delayed access, lack of proactive transparency, and incorrect limitations in existing laws...

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