Today's economy looks vastly different compared to last year and worries about inflation, exchange rate fluctuations, rising bank interest rates and the cost of personal and business loans and even a recession are weighing on in the minds of each...
For many months, prices have been kept under pressure by the markets of the goods we import, not simply because our economy has produced more, but because the economy is not as free and open as in the countries where...
The devaluation of the euro directly affects deposits and income benefits, which are lower for citizens but also for businesses that export and import. In the meantime, borrowers should rethink not to focus only on loans in Euros, but now...
In the next mission, the members of the Monetary Fund team made a statement, which in itself has findings with a positive approach to fiscal and budgetary actions taken by the Government, where in this position there are confirmations of...
Rising rents are a national phenomenon, as they rise in parallel with rising house prices, and while more people can’t afford house buying prices, they have increased pressure on the rental market. As a preliminary logic can be, that where the...
Individuals during 2021 and the first two months of 2022 have benefited from financing with lower interest rates on mortgage loans in lek, while interest rates on consumer loans have appeared stable for both currencies (Euro and Lek). The following describes...
The latest publication of the Monetary Fund (World Economic Outlook, April 2022)[1], which follows the publications by the World Bank and the European Bank for Reconstruction and Development show an even darker situation of the economy, through the...
After years of fluctuations around targets, inflation in the Albanian economy, as well as in the countries of the Balkan region is the highest it has been in the last 15-20 years, suffering two major shocks: the impact of the...
The economic recovery is already losing momentum, partly due to Omicron-influenced external market outages and mostly due to the war in Ukraine. In this period of year, international rating agencies lowered our growth forecast up to 3.2 percent for 2022, and...
At this time, galloping inflation, the Bank of Albania (BoA) seems to have an effect on curbing it by raising the key interest rate. With the increase of 0.5 percentage points of the key interest rate, from the level of 0.5%...
