Europe Albania Albania ranked first in Europe as country with highest number of remittances from EU countries in 2021, totalling more than €1 billion; it is the highest amount in Europe in relation to country's population, amounting to approximately 6,7% of GDP
Europe Albania Bankers Petroleum, Albania’s largest oil producer, threatened to sue government in international arbitration courts, claiming its rights as foreign investor were violated; prosecutors allege it stole billions of euros in a massive corporate fraud
Europe Albania Applications for the 'Mountain Package' have been opened, that will provide support for 500 projects through fiscal incentives over 10 years; the new law also includes 'Made in Albania' products
Europe Albania Beachgoers across Albania can access designated public beach areas free of charge in summer 2025 following a decades-awaited regulation that mandates 30% of every 1.000 meter of coastal stretch be open to the public
Europe Albania The prolonged pre-trial detention with no formal charges of Erion Veliaj, Tirana Mayor and potential successor of PM Rama, is raising questions about Albania’s judicial practices diverging from European legal standards