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Hague 2019 in force in the UK – Good News for Commercial Parties

Hague 2019 in force in the UK – Good News for Commercial Parties

On 1 July 2025, the Hague Convention of 2 July 2019 on the Recognition and Enforcement of Foreign Judgments in Civil or Commercial Matters (Hague 2019) entered into force in the United Kingdom. Hague 2019 is a multilateral treaty, currently...

Tirana Welcomes Egyptian Cultural Week from July 8 to 12

Tirana Welcomes Egyptian Cultural Week from July 8 to 12

From July 8 to 12, the capital city will host Egyptian Cultural Week — an event expected to bring to Tirana the vibrancy, mystique, and millennia-old heritage of Egyptian civilization. The week will feature a variety of activities including...

Albania to overhaul political finance and conflict-of-interest laws

Albania to overhaul political finance and conflict-of-interest laws

Tirana, July 7 – Albania’s parliament will begin revising two central anti-corruption laws—on conflict of interest and political party financing—in a move seen as critical to restoring public trust and aligning with European standards. The...

Ioannina approaches the promising Indian market

Ioannina approaches the promising Indian market

The former president and member of the Board of Directors of the Ioannina Prefecture Hoteliers Association, Mr. Stathis Sioutis, met with the Ambassador of India to Greece, Mr. Rudrendra Tandon, for a comprehensive discussion on tourism in the...

Euro use surges in Albania as tourism, FDI rise

Euro use surges in Albania as tourism, FDI rise

Tirana, July 7 – Euro transactions in Albania hit €2.4 billion in the first five months of 2024, signaling a sharp rise in the currency’s use across the economy, central bank data show. The figure equals half of all euro-denominated payments...

Europe’s summer is getting longer: Heat now lasts up to 5 months in cities like Athens and Tirana

Europe’s summer is getting longer: Heat now lasts up to 5 months in cities like Athens and Tirana

By&nbspEuronews Green Published on 06/07/2025 - 11:02 GMT+2 As global temperatures continue to rise, European cities are experiencing extreme heat for far longer than the traditional summer months. Some cities in Europe now endure high...

Albania’s food prices outpace EU despite farm reliance

Albania’s food prices outpace EU despite farm reliance

Tirana, July 7 – Albania now has the most expensive food in the Balkans and prices above the EU average—despite having the largest agricultural sector in Europe by share of economic output. Eurostat data show food and non-alcoholic beverage prices...

Albania revamps business strategy to drive EU-ready growth

Albania revamps business strategy to drive EU-ready growth

Albania has unveiled a revised Business and Investment Strategy for the 2025–2027 period, signaling a strategic shift toward innovation and deeper integration with the European Union. The changes, introduced by the Ministry of Economy, Culture and...

Hemofarm Acquires Fortacell: A Strategic Move to Strengthen Market Position

Hemofarm Acquires Fortacell: A Strategic Move to Strengthen Market Position

Hemofarm has announced the acquisition of the Fortacell brand, renowned for its supplements that support immunity, health, and vitality. This strategic move underscores Hemofarm’s commitment to developing innovative products tailored to the needs...

Court Confirms All Security Measures against Directors and Employees of 'Bankers Petroleum Albania Ltd'

Court Confirms All Security Measures against Directors and Employees of 'Bankers Petroleum Albania Ltd'

Albania’s largest oil producer, Bankers Petroleum, is at the center of a sweeping scandal that prosecutors say involves one of the most egregious cases of tax fraud and profit-shifting in the country’s history. Prosecutors of the case in Fier,...

Albania’s for Sale, and Jared Kushner’s Buying

Albania’s for Sale, and Jared Kushner’s Buying

After Donald Trump’s son-in-law Jared Kushner sealed a $1.4 billion investment to develop Sazan, Albania’s largest island, into a luxury resort, he shared digital mock-ups of the nature reserve transformed by ranks of glass-fronted apartments and...

Albania tops region in SME-driven jobs, OECD finds

Albania tops region in SME-driven jobs, OECD finds

Small and medium-sized enterprises (SMEs) account for 82% of Albania’s employment, the highest rate in the Western Balkans and well above the EU average of 64.5%, according to the OECD’s 2025 Economic Convergence Scoreboard. Albania’s Economy...

Bankers Petroleum execs jailed in Albania over tax fraud

Bankers Petroleum execs jailed in Albania over tax fraud

A court in Fier has ordered the arrest of two Bankers Petroleum Albania executives, including Chinese national Hongping Xiao and former director Leonidha Çobo, over a large-scale tax fraud scheme. The two are accused of leading a long-running...

SPAK waging political lynching campaigns, Baze says

SPAK waging political lynching campaigns, Baze says

Tirana, July 8 – Albanian veteran journalist Mero Baze has accused the country’s anti-corruption prosecution office, SPAK, of engaging in politically motivated detentions and disinformation campaigns, describing its practices as “criminal” and...

Why the Albanian Riviera is perfect for a road trip

Why the Albanian Riviera is perfect for a road trip

The Albanian Riviera is about more than just sea; there are traditional villages clinging to hillsides covered by centuries-old olive groves, and ancient ruins alongside remnants of the country’s communist past. Photograph by Getty, Thomas...

The myth of Albanian criminals: Berisha’s convenient alibi for a crushing defeat

The myth of Albanian criminals: Berisha’s convenient alibi for a crushing defeat

One of the most frequently repeated excuses Sali Berisha uses to justify his defeat in the May 11 elections is the claim that organized crime interfered in the process. He points to a young Socialist Party candidate in Elbasan who received an...

EXPOSED: The boat migrant fixers all over Britain making a mockery of Starmer's claim to be smashing the gangs - including one we found on TikTok plying his shameful trade from a west London restaurant

EXPOSED: The boat migrant fixers all over Britain making a mockery of Starmer's claim to be smashing the gangs - including one we found on TikTok plying his shameful trade from a west London restaurant

To the hordes of passers-by, the neatly coiffed man taking a call outside a smart Middle-Eastern restaurant looks like any other proprietor taking care of business during a busy evening shift. Even the well-heeled clientele inside the...

Albania sees record foreign investment in Q1

Albania sees record foreign investment in Q1

Foreign direct investment in Albania rose to €362 million in the first quarter of 2025—the highest Q1 figure on record. Officials say the surge reflects growing foreign confidence in the country’s economy. Economy Minister Blendi Gonxhja called...

Bankers Petroleum Albania Ltd Evaded Taxes by Declaring Losses for 20 Years; Fier Prosecution Issues 14 Precautionary Measures

Bankers Petroleum Albania Ltd Evaded Taxes by Declaring Losses for 20 Years; Fier Prosecution Issues 14 Precautionary Measures

Fier Prosecution has issued 14 precautionary measures against Bankers Petroleum Albania Ltd, accused for “Creation of fraudulent schemes regarding value added tax,” “Concealment of income,” “Laundering the proceeds of criminal offense or criminal...

Albanian man who facilitated illegal immigration of four people into Northern Ireland is jailed

Albanian man who facilitated illegal immigration of four people into Northern Ireland is jailed

An Albanian man who facilitated illegal immigration of four people into Northern Ireland has been jailed for six months. Ndricim Qema (30), whose address was given on court papers as Esplanade Hotel, Strand Road, Bray, Co Wicklow, had previously...

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