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Mortgage rules to cool Albania’s housing market

Mortgage rules to cool Albania’s housing market

TIRANA, Aug 31 (TemA) — Albania’s property market is set to slow as the central bank tightens mortgage lending and growth in foreign tourism steadies after a post-pandemic surge. Prices jumped sharply over the past year, though agents say Tirana...

EU report finds gaps in Albanian agriculture

EU report finds gaps in Albanian agriculture

TIRANA, Aug 31 (TemA) — Albania’s farm sector falls short of European Union standards and must accelerate reforms to fully access Common Agricultural Policy money, the European Commission says in a screening for Cluster 5. Agriculture is central...

Economic Growth Projection for 2025 Down

Economic Growth Projection for 2025 Down

In its latest analysis for Albania, Raiffeisen Research projects a growth of 3.5%, down from the previous projection of 4.1%. In the first quarter of 2025, Albania's economy grew by 3.4%, below Raiffeisen Research's forecast of 3.9%. The growth...

Boom and bust-up on the Albanian Riviera as villagers take on tycoons

Boom and bust-up on the Albanian Riviera as villagers take on tycoons

The retired policeman flexed his bicep and grinned.“You see those rocks?” said Hyso Xhuveli, 75, gesturing at the many sharp objects that lay around the unpaved street, ready to be thrown. “That’s what we’ll do if they come back.”Xhuveli did not...

Albanians work fewer hours, still outpace EU

Albanians work fewer hours, still outpace EU

TIRANA, Aug 30 (TemA) – Albanians worked slightly fewer hours in 2024 than a year earlier, but still far more than the EU average. The weekly mean fell to 41.3 hours from 41.6 in 2023. The EU sits at about 36. That is a five-hour gap — almost a...

Dua Lipa's career change as she launches production company with Callum Turner

Dua Lipa's career change as she launches production company with Callum Turner

Pop sensation Dua Lipa and her fiancé Callum Turner have launched their own production company. The dynamic duo, aged 30 and 35 respectively, have established a new venture named TwentyTwo Films Limited, with "lots of plans" already in the...

Albania’s public debt falls on weaker euro, dollar

Albania’s public debt falls on weaker euro, dollar

TIRANA, Aug 29 (TemA) – Albania’s public debt declined in the first half of the year as a weaker euro and dollar lowered repayment costs, Finance Ministry data showed. The debt-to-GDP ratio fell to 54.02% at the end of June from 54.21% at the...

Albanian drug dealer to be kicked out of country for second time after he sneaked back into UK on dinghy to sell cocaine again

Albanian drug dealer to be kicked out of country for second time after he sneaked back into UK on dinghy to sell cocaine again

By JOSE RAMOS, NEWS REPORTER Published: 06:25 EDT, 29 August 2025 | Updated: 06:41 EDT, 29 August 2025 An Albanian drug dealer who sneaked back into Britain on a dinghy after being deported is set to be kicked out again for selling cocaine....

University of Tirana: Law and Economics on the Rise, Teaching Remains a Challenge

University of Tirana: Law and Economics on the Rise, Teaching Remains a Challenge

The University of Tirana continues this year to hold the leading position for the highest number of applications from high school graduates. For this new academic year, more than 11,000 new students have enrolled. “This year there have been 500...

Albanian illegal immigrant caught selling drugs to pay off £4k 'dinghy debt' to smugglers

Albanian illegal immigrant caught selling drugs to pay off £4k 'dinghy debt' to smugglers

An Albanian illegal immigrant deported last year came back to the UK on a dinghy and was caught dealing drugs for a second time, it emerged today. Valentin Roci, 27, told Basildon Crown Court he had re-entered the UK on a dinghy after already...

How EV financing is accelerating electric cars, motorcycle uptake in Africa

How EV financing is accelerating electric cars, motorcycle uptake in Africa

Mogo Deputy Country Manager, Branton Mutea. Audio By Vocalize By Branton MuteaIf you have booked a taxi or boda boda through a ride-hailing app in Nairobi recently, there is a fair chance it was an electric motorcycle or car. The reason is...

Business of Football: The 'abomination' of games abroad, WhatsApp deals and a 100-year-old stand

Business of Football: The 'abomination' of games abroad, WhatsApp deals and a 100-year-old stand

Football is a strange business. Take how it treats its best customers, for example. Despite repeatedly telling itself that legendary Celtic manager Jock Stein nailed it when he said “football is nothing without fans”, the game often acts like...

Albanian cousins face deportation over £192k discovery in Stoke-on-Trent street

Albanian cousins face deportation over £192k discovery in Stoke-on-Trent street

stokesentinel Administrator 06:00, 29 Aug 2025 Two cousins face deportation after they were jailed for their role in a Stoke-on-Trent cannabis factory. Jetmir Muka, aged 48, and his cousin, Sifjon Sheti, aged 37, were caught inside the property in...

Greeks Among Least Satisfied in EU with their Financial Situation

Greeks Among Least Satisfied in EU with their Financial Situation

Greeks are among the least satisfied in EU states with their financial situation, according to a Eurostat survey. The study, which includes sub-categories such as overall satisfaction, satisfaction with financial situation, and satisfaction with...

Albanians save more, lending slows in July

Albanians save more, lending slows in July

TIRANA, Aug 28 (TemA) – Albanians boosted bank savings in July despite the summer holiday season, while lending slowed, central bank data showed Thursday. Total deposits rose to 1.4 trillion leks ($14.6 billion), up from July 2024. Savings in...

Tirana Prosecution Seizes 18 Real Estate Assets, Bank Accounts, and Luxury Vehicles of Kristian Koni and His Elderly Mother

Tirana Prosecution Seizes 18 Real Estate Assets, Bank Accounts, and Luxury Vehicles of Kristian Koni and His Elderly Mother

Tirana Prosecution seized the assets belonging to citizen Kristian Koni and associated individuals, suspected of being acquired illegally through criminal activity. The investigations under property proceedings no. 10, dated 31.07.2025, determined...

SPAR Albania’s Store Network Grows Further

SPAR Albania’s Store Network Grows Further

With our new store openings nationwide in recent months, SPAR Albania’s presence across the country increased to 96 stores in total. SPAR Albania continues to expanding bringing the brand to shoppers in new locations with the opening of four new...

Albania’s Q2 power imports jump 16.5% as hydro output declines

Albania’s Q2 power imports jump 16.5% as hydro output declines

Albania increased electricity imports in the second quarter of 2025 as weaker hydro generation cut domestic output, statistics office data showed on August 27. Hydropower typically supplies nearly all of Albania’s electricity, leaving the Balkan...

Are you satisfied with your financial situation? European countries compared

Are you satisfied with your financial situation? European countries compared

Published on 29/08/2025 - 7:06 GMT+2 The financial situation of a household is not only essential for maintaining a decent standard of living, but also plays a crucial role in overall life satisfaction, according to Eurostat, the EU’s official...

Mediating Diplomacy: Albania’s Golden Opportunity

Mediating Diplomacy: Albania’s Golden Opportunity

Albanian diplomacy has come a long way. From the isolation of the communist era to today’s Euro-Atlantic integration, Albania is now a NATO member, an EU candidate, and increasingly present in global debates. Yet one crucial question remains: what...

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