money laundering

Albanian capital outflows abroad (2015–2025), an increasing trend and implications for the economy

During the decade 2015–2025, the Albanian economy has entered a new phase of connection with international markets, where one of the most significant developments is the increase in the outflow of Albanian capital abroad.According to the ALTAX Observatory analysis on...

Are Albanian capital outflows abroad a signal of economic maturity or a symptom of structural weaknesses?

Albania has recorded a notable acceleration in capital outflows in recent years, combining the legitimate diversification of private wealth with the possible integration of funds of questionable origin into international assets. According to Eurostat, the stock of real estate owned...

When dirty money finds its way, a concern for Fiscal Peace and the failure of prevention in Albania

At the end of 2025, the media reported a story that shocked public opinion in Albania. A Spanish citizen, Álvaro Romillo Castillo, known as “CryptoSpain,” was arrested in Spain for a cryptocurrency pyramid scheme that defrauded thousands of people and caused...

Money laundering in the construction sector and its impact on supply-demand and real estate prices

Money laundering is a phenomenon that has a noticeable impact on sectors such as construction and real estate, especially in economies that do not have strong control and transparency mechanisms. In Albania, where the construction sector has been prone to informal...

Study on Money Laundering in Albania and the Region: Economic impact and countermeasures

Money laundering is a serious issue that has had a profound impact on the Albanian economy and those of the surrounding region. It stands as a major obstacle to sustainable economic development and fiscal stability. Criminal activities such as drug...

Transparency and enhance of trust of the legal auditor profession according to the public interest

During the months of the 2024 summer season, the Ministry of Finance, with the aim of "improving financial reporting in accordance with international standards and good practices, with the support of the World Bank (WB), presented for public consultation

Remittances, dirty money and the problems they leave behind

Inward flows of remittances have grown rapidly in recent years, with an average growth rate in the last 3 years (2021-2023) of 10.5% and dominate all other annual financial flows from sources abroad. Despite these trends, which began to increase...

ALTAX presents the summary of economic, and fiscal analyzes “More economy and less political selfishness”

In general, the Albanian economy exceeded the forecasts of domestic and foreign economists for 2023. For 2024, it seems that economists are showing a cautious approach to the forecasts of economic growth declared by the government at the level below...

Why are housing prices falling?

The private apartment market in the country has stalled in recent months. Buying a new apartment in Albania, but especially in Tirana and cities where there is a lot of construction, is a difficult task and is particularly challenging. The biggest...

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