High debt risks collapse
28/03/2012 

The Socialist leader, Edi Rama, declared that the opposition’s warning for an economic disaster due to the high debt level has been mentioned recently by Moody. 

Rama declared that the high debt is a threat for collapse.

“According to Moody’s, Albania risks collapse. This is a declaration that brings what we have mentioned to the public as an alarm bell. It is impossible for Albania to keep the burden of this debt and continue unorganized expenses”, Rama declared.

The Socialist leader released this declaration during the SP meeting for the infrastructure as part of the Albanian Rebirth program.

Rama emphasized that the country is on a crossroad, between disaster and rebirth. He added that the Socialist vision is related with the necessity to end the disaster chapter.