EC downgrades Albania's 2022 economic growth f'cast to 2.7%
TIRANA (Albania), May 17 (SeeNews) - The European Commission (EC) expects Albania's economy to grow by 2.7% in 2022, it said, cutting its November forecast by 1 percentage point.
The revision is mainly affected by the impact of Russia’s invasion of Ukraine, although only indirectly as Albania has little direct exposure to both countries, the Commission said in its Spring 2022 Economic Forecast report on Monday.
The Commission projects an economic growth of 3.1% in 2023 for Albania.
The general government deficit is expected to decline to 4.2% of GDP in 2022 from last year's 4.6%.
EC downgrades Albania's 2022 economic growth f'cast to 2.7%
seenews.com - May 18
TIRANA (Albania), May 17 (SeeNews) - The European Commission (EC) expects Albania's economy to grow by 2.7% in 2022, it said, cutting its November forecast by 1 percentage point.
Albanian farmers turn to coffee grounds as fertilizer prices rise
TRT World - May 16
The price of fertilizer has shot up worldwide, pushing farmers to seek alternatives. And those in Albania have found the solution in their local cafes.
Seaside Real Estate in Albania for $23,000
Nomad Capitalist - May 14
Albania has transformed from one of the poorest countries in Europe to an upper-middle-income country. The country is implementing important reforms to revitalize growth and job creation while advancing the European Union integration agenda.
Tirana’s property prices continue to soar
Exit - May 10
The price of real estate in the Albanian capital of Tirana has continued to rise during the first quarter of 2022 with the average price at EUR 1,143 per square meter.
$20 dollars in Tirana, Albania 2022
Two Mad Explorers - Feb 13
What can you get for $20 dollars in Tirana, Albania in 2022?!
