The Paradox of Banks Backing PPPs

The Paradox of Banks Backing PPPs

After the enthusiastic comments of the Rama government about the large number of investments that are expected in the context of the famous “One Billion Euro Plan,” the opposition has raised strong objections. Opposition leader Basha clearly spoke out against the project, calling it an attempt to launder dirty money, and invited the American DEA […]

Follow the Concessions…

Follow the Concessions…

“Follow the money,” said the informant of Bob Woodward of the Washington Post after he wasn’t able to unravel the Watergate scandal. But when he followed the money trail, this led to the resignation of US President Richard Nixon. “Follow the money,” said General Carlo Alberto Dalla Chiesa to his collaborators investigating the mafia. “Follow the concessions,” we can say […]

Property Taxes To Increase up to 40%

Property Taxes To Increase up to 40%

From January 2018, Albanian citizens will pay more taxes on their properties. In its 2018 fiscal package, the Rama government has proposed to change property taxes from being based on a fixed rate to being calculated on the basis of a percentage of the property price. This change will cost families on average 1,500 to […]

38 Businesses Close Every Day

38 Businesses Close Every Day

During 2017, on average 38 businesses closed each day. According to date from the General Directorate of Taxes, from January 1 until November 8 11,2000 mainly small businesses have decided to suspend their activities for an indeterminate time, changing their status to passive. This means that either the owner has decided to close their business, […]

IMF Worried about Government’s Economic Policies

IMF Worried about Government’s Economic Policies

In an interview with Monitor magazine, permanent IMF representative in Albania Jens Reinke has again expressed his worries about the 2018 fiscal package. Among other things, he declared that the absence of direct foreign investments is one of the reasons that the IMF has lowered its economic outlook for Albania during 2018. According to the IMF, […]

The Rruga e Arbrit, Rama’s Perfect Tender

The Rruga e Arbrit, Rama’s Perfect Tender

A few days ago, the Rama government announced that the public procurement procedure for the Rruga e Arbrit project – the public symbol of the “1 Billion Euro Plan” – had finally come to an end, and that the company that would realize the project had been selected. Now the government will start the negotiation […]

GdF: Less Plantations Discovered, More Drugs Captured in Italy

GdF: Less Plantations Discovered, More Drugs Captured in Italy

Minister of Interior Fatmir Xhafaj and representatives of the Guardia di Finanza presented today the results of the aerial monitoring to identity cannabis plantations in Albania. During May 15–September 15, the Italians monitored the Albanian terroritory in a project mainly financed by Italy and European Union. During these flights about 23% of the total non-urban […]

Albanian Cocaine Mafia Infiltrates Amsterdam

The Albanian mafia, which is very powerful in the UK, is also a growing threat for the Netherlands. It plays a big role in the Amsterdam drug circuit.

Albanian Cocaine Mafia Infiltrates Amsterdam

With raids in 14 buildings and the arrest of 7 suspects, the Amsterdam criminal investigation department concluded an intensive, one-and-a-half-year-long investigation of a large branch of an Albanian criminal organization. They worked in close collaboration with the Italian authorities, who are following many more Albanians. Around 100 Albanian criminals were monitored during the investigation in […]

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