financial stability

Albanian Banking System between Statistical Stability and Accumulated Risks

A Critical Reading of the Bank of Albania’s Financial Stability Report The latest financial stability report of the Bank of Albania constructs a broadly optimistic narrative regarding the condition of the banking sector and the resilience of the Albanian financial...

What should we do with Cash in Albania?

This analytical information is dedicated to those who hold cash and are not clear about where to invest it in Albania. It is not merely financial advice, but an economic, fiscal, and developmental approach. The question “What can we do in...

The need for a more realistic Budget Report, based on in-depth economic analysis

The Albanian Economy, as Presented in the Draft Budget Report for 2026, is depicted as a story of sustained success in the face of multiple crises over the past decade from the 2019 earthquake and the global pandemic to...

Monetary policy, Euroization challenges in 2025, and the need for credibility

Albania finds itself at a delicate juncture where its monetary policy no longer wields the influence it once did. While the central bank has raised interest rates and maintained the stability of the lek, a significant portion of the economy...

Financial risks as a call for responsibility and direct action

At a time when the Bank of Albania has taken necessary measures by imposing limits on lending to the real estate sector, we must be clear. This is not just a technical measure but an alarm for the entire economic and...

Zero-Value banknote theory and the risk for small countries like Albania

The zero-value banknote theory is an extreme scenario in which currencies such as the euro, the dollar, or other national currencies completely lose their value due to a monetary crisis, uncontrolled inflation, or mismanagement of financial policies. This phenomenon is...

Critical analysis of the Quarterly Monetary Policy Report 2024/IV of the Bank of Albania

The Bank of Albania's report for the fourth quarter of 2024 presents an optimistic picture of the Albanian economy, highlighting a decrease in inflation, GDP growth, and improvements in financial markets. However, a deeper and more critical analysis, in relation...

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