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...
The rise in housing prices in Albania is producing a double effect. On the one hand, it increases the wealth of families and businesses with more property, enabling them easier access to credit. On the other hand, it is creating...
Since 2020, the Albanian economy has faced a series of complex challenges. On one hand, inflation has experienced a significant increase, driven not only by domestic factors but also by turmoil and risks in the global economy. On the other...
At a time when Albania appears in international reports as a country moving toward economic and fiscal modernization, a stubborn fact reveals the brutal contrast with this narrative: over €4.3 billion are outside the banking system – a 10% increase...
The ALTAX Center is pleased to invite you to the presentation of its latest study on money outside banks linked to the informal economy in Albania. The study will analyze the key factors contributing to the growth of cash outside...
In 2024, the Albanian economy has shown stable growth and declining inflation, creating a favorable environment for economic activity and financial stability.According to the Bank of Albania, the economy grew by 3.8% in 2024, driven by increased household spending and...
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...
The strengthening of the euro in Albania by three points at the end of January 2025 compared to the beginning of the month can be explained by a number of formal and informal factors that influence the foreign exchange market...
The relationship between wage setting and inflation has been closely monitored in recent years by the Bank of Albania and the former Ministry of Finance and Economy, as it was key to their success in achieving macroeconomic stabilization in an...
A fiscal policy that focuses on primary surpluses regardless of the stock of real debt, but combined with a monetary policy that ensures interest payments on outstanding debt, is assessed by international financial institutions as not causing debt to grow...
