informal market Archives

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...

28/10/2025Newscompetitiveness, exchange rate, exports, informal market, macroeconomic stability, monetary interventions, nominal strength, productivity, remittances0 CommentsRead more...

Albania’s Economic Growth 2025: Structural Challenges and Long-Term Stability

The International Monetary Fund (IMF), in its October 2025 report, forecasts steady growth for Albania, albeit at moderate rates. According to the data, real GDP is expected to grow from 4.0% in 2023 and 2024, to 3.4% in 2025, positioning...

15/10/2025Newsalbania, economic growth, exchange rate, GDP, IMF, informal market, main sectors, remittances0 CommentsRead more...

ALTAX presents the research that answers the question of who is responsible for the fight against informality in Albania and how is it being fought?

Focusing on the need for effective governance to directly support the business climate and inclusive governance approach is the ultimate aim of the research material "Who has the duty to fight informality and how are they fighting it?" (alb.) The...

01/02/2024Newsalbania, anti corruption, imf reports, informal economy, informal employment, informal market, informality, kosovo, new approach, political will, Western Balkans0 CommentsRead more...