In 2024, the Bank of Albania carried out one of its largest interventions in history, purchasing €930 million[1], and €800 million for 9-months in 2026, in foreign currency in an effort to curb the excessive strengthening of the...
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...
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....
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...
Last year, the biggest blows to the Albanian economy, as well as to the economies of the neighboring countries, came from a series of geopolitical risks, where beyond the current political situation in the Balkans, between Kosovo and Serbia
