Western Balkans Economic Growth Projected to Moderately Accelerate in 2025

VIENNA, October 17, 2024 – Economic growth in the Western Balkans is projected to moderately accelerate through 2025, mainly driven by increased consumption and investment, helped by increased purchasing power, according to the Western Balkans Regular Economic Report released today by the World Bank. The World Bank forecasts that the collective economic growth of Albania, […]

EU Integration and Its Impact on Business Regulations in the Balkans

2.12.24 Marko Vuković The Western Balkans have long aspired to join the European Union (EU), a process that necessitates significant reforms, particularly in business regulations. These countries must align with EU standards to ensure a seamless integration into the single market. A key aspect of this alignment involves adopting the EU’s regulatory framework, known as […]

Albania’s Tech Landscape: How It’s Evolving and What the Future Holds

12.12.24 Mira Petrović In recent years, Albania has increasingly been seen as a potential tech hub in the Balkans, drawing interest from both regional players and international investors. With a growing digital infrastructure and a favourable business environment, Albania is positioning itself as a key player in the region’s emerging tech scene. The Albanian government […]

The Economic Fallout of Albania’s TikTok Ban

18.12.24 Ana Kovach In early 2023, Albania became one of the first countries in Europe to officially ban TikTok, citing concerns over national security, data privacy and potential political manipulation. The decision has sparked significant debate over the country’s economic consequences. TikTok has become a vital platform for Albanian businesses to reach global audiences. Its […]

Saudi Tourism Authority Unites Balkan Business Sectors in Albania to Showcase Umrah Services Through the Innovative ‘Nusuk’ Platform – Travel And Tour World

Home » Travel Events In Saudi Arabia » Saudi Tourism Authority Unites Balkan Business Sectors in Albania to Showcase Umrah Services Through the Innovative ‘Nusuk’ Platform Wednesday, October 30, 2024 The Saudi Tourism Authority (STA) recently hosted an introductory roadshow in Tirana, Albania, promoting its comprehensive “Nusuk” platform to support Umrah travelers visiting Mecca and […]

As Talks Begin, EU Chides Albania’s ‘Limited Progress’ in Tackling Corruption

Albanian Prime Minister Edi Rama, Hungarian Foreign Minister Peter Szijjarto and European Enlargement Commissioner Oliver Varhelyi in Luxembourg, 15 October 2024. Photo: EPA-EFE/BOGLARKA BODNAR. The European Union said in its ‘negotiating position’ document as it started accession talks with Albania on Tuesday that Tirana must do more to fight corruption and ensure freedom of speech. […]