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...
As the year 2023 came to a close, the Albanian economy is doing better than expected from last year's forecasts. But it can be said that this pace does not match the expectations of small and medium businesses and citizens....
International theory and practice show us that:In the short termIf an economy experiences high rates of economic growth, then the economy is likely to see interest rates rise as the Central Bank responds to higher growth and potential inflationary pressures...
The sharp tightening of monetary policy has often caused financial stress or even crises, especially in developed economies, but also in developing countries. Because of higher credit and currency risks, global investors have typically pulled out quickly when interest rates...
