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Monthly archive

November 2015


Unemployment and Poverty in Albania

Albania’s strong economic performance prior to 2008 was accompanied by positive changes in employment and a strong reduction in poverty rates. The poverty rate, measured by nationalstandards, decreased from 25 percent in 2002 to 12 percent in 2008, and rural poverty dropped by an even more impressive rate from 40 to 15 percent over the…


Financial Sector in Albania

The financial sector continues to face important risks, especially external ones, but it has remained stable and recently has shown improving trends. The outstanding credit contracted by ALL 3 billion in the first quarter of2014. Overall lending contracted by 1.7 percent in annual terms during the second quarter of 2014. Lending increased during the second…


Fiscal Policy in Albania

The Government of Albania is currently implementing a number of reforms with the aim of reducing rigidities in public spending and freeing up resources for more efficient spending. Public debt has surged since 2008, reaching 71 percent of GDP in 2014. The increase in public debt resulted from loose fiscal policy, the need to support…


Recent developments in Albania’s economic growth

Albania’s growth indicates signs of recovery since the global economic crisis. The country’s growth suffered from the Eurozone crisis, in particular in neighboring Italy and Greece. Exports, remittances, and to some extent foreign direct investment (FDI) fell and were the main channels of the external shocks on the economy. Growth reached its lowest rate of…


Isolation of Albania during the communist regime

Enver Hoxha stepped in Tirana in November 1944 at the head of a Communist government, and on 2 December1945 his Democratic People’s Front of Albania was given a mandate to introduce a republican form of state power. The republic was proclaimed on 11 January1946. In the period of 1946-1948 the Soviet economic, political and ideological…


Albania during The two world wars

With the start of World War I, emerged thecontradictions between the nation’s discrepant internal interests, which had taken shape depending rather on the sympathy and support for various external factors than on proper Albanian interests and unification prospects. Central Albania was stirred by mutinies against Prince Wied and his government consisting of big lords; Southern…


The albanian revival in the 19th century

The rise of national and patriotic ideas in Albania came late. Even in the second half of the 19th century Albanians were far from the ideal of a homogeneous nation. The growth of a unifying spirit was confronted in the first place with the traditional distinctions in the social and cultural organisation of the Gegs…


The Islamisation of the Albanians

Important factors facilitating the dissemination and adaptation of Islam among the Albanians were the local religious specifics and the peculiarities in the religious identity of the native inhabitants. Prior to the Ottoman conquest, the southern Albanians (Tosks) were Orthodox Christians under the authority of the Patriarchate of Constantinople. The northern Albanians – Gegs, were Catholics…


Ottoman colonisation of Albania

Nearly a century – from the first clashes with Avlona in 1383 up to Skanderbeg’s death in January 1468, and even as late as 1478, when his rebels submitted the stronghold of Kruja, the Ottoman conquerors were forced to overcome the resistance of the Albanian squads. The slow and difficult establishment of their power over…


Heroicity as part of the Albanian individuality

George Kastrioti-Skanderbeg’s resistance to the Ottomans. Heroicity as part of the Albanian individuality. In 1924, a brilliant Bulgarian observer and connoisseur of Albania, gave the following description of the Albanians: “…isn’t the Albanian, who, being a slave, did not allow enslavement, freedom- loving? This is a question that could hardly be understood by anyone who…

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