AGP Executive Report
Last update: 10 hours agoCoastal Clash Over Kushner Resort: Thousands of Albanians protested in Tirana against a €1.4bn luxury development tied to Jared Kushner’s Affinity Partners on Sazan Island and near the Vjosa-Narta protected landscape, with critics warning of damage to wetlands and restricted access; the company says it will follow “public and institutional processes” and promises environmental stewardship and jobs. SPAK Moves in Zvërnec Case: Albania’s anti-corruption prosecutors opened an investigation into land-title changes behind the project and seized company bank accounts in a suspected coastal land appropriation scheme, while PM Edi Rama defended the investment and urged a full review of land ownership. Vlora Airport Delays: Contractors for Vlora airport face penalties after a dispute between partner firms delayed work; the ministry says completion is still expected within deadlines but warns delays will cost more. IMF Confirms Albania Stability: An IMF mission in Tirana said growth remains resilient thanks to stronger activity, employment and a stable banking system, while flagging longer-term risks tied to demographics, productivity and EU accession. Business Sentiment Ticks Up: Albania’s economic confidence indicator rose in May, supported by construction and services, alongside improved consumer expectations. Transport Demand Softens: Car registrations fell again in May as higher transport costs slowed imports, especially from Asia.
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