Vetting Bodies Letter to Ruci for Higher Salaries and Staff
Independent Qualification Committee (IQC) sent an official letter on Saturday to...
July 7, 2018

Albania's request for 300-500 million EUR of debt has been fulfilled. The government will now decide about the right amount, with interests not higher than 6%.
The Ministry of Finances paid 300 million EUR for the Eurobond of 2010. 250 million were secured from a World Bank loan, 50.000 from the internal market. This has created a need for liquidity, which serves to finance the government's daily operations. Although the conditions in the international markets of finances have not been easy, the government has officially received the approval of the two managers of this project, Deutsche Bank and GP Morgan.
The Eurobond that was maturated yesterday, was the first in Albania's history. In that time, Albania secured it with a 7.5% interest rate. This time it is only 6. The international market interests have dropped to the lowest historic points, much lower than five years ago, due to the aggressive policy of the Central European Bank and the Federal Reserve.
Independent Qualification Committee (IQC) sent an official letter on Saturday to...
July 7, 2018
Some 172 disciplinary measures and 28 discharges were made recently by the...
July 7, 2018
Bank of Albania has warned on Sunday that some second-tier banks in the country have...
July 1, 2018
Another tunnel will be built on the Tirana-Elbasan axis after the Technical...
June 30, 2018
Seismologists have managed to record more than 516 smaller shifts, following the...
July 6, 2018
Some massive rocks have fallen this Friday from a cliff in Gramsh-Elbasan axis,...
July 6, 2018
In its seventh year since being launched in 2012 as a multilateral platform...
July 5, 2018
Theresa May has secured approval to negotiate a soft Brexit deal with the European...
July 7, 2018
The United States and China slapped tit-for-tat duties on $34 billion worth of each...
July 6, 2018
