SMI Raises the Alarm over Country's Economic Atrophy
Albanian Daily News
Published
August 19, 2017

Referring to a recent report made public by the Bank of Albania he blamed Prime Minister Edi Rama as the direct responsible for the suffocating business clime
�Hundreds of millions of Euros leave the country on daily basis due to the suffocating business clime. According to the Bank of Albania some EUR 68 Million are invested abroad by Albanian businesses. This high figure marks a historic record compared to the EUR 32 Million invested one year ago. Over EUR 3 Billion have also been invested abroad by the Albanian banks through deposits of direct loans to foreign businesses, � said Vasili.
He put the emphasis on the fact that the medieval fiscal inspections and the harsh behavior of the fiscal administration generate a complete de-motivation for the businesses.
�The Premier does not seem to be understanding what�s going on with country�s economy. His senseless talks during the innumerous public hearings killed the businessmen hope and optimism forcing them to invest abroad. This way of doing increases the unemployment levels and deepens the poverty,� declared Vasili.
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