SManalysis: Albania's annual inflation slows in April

Monday, May 8, 2017

Albania's annual inflation slows in April

Albania's annual inflation slows in April

Isidro Lopez-Arcos

TIRANA (Albania), May 8 (SeeNews) - Albania's consumer price inflation slowed to 1.9% year-on-year in April, from 2.1% in March, the statistical office, INSTAT, said on Monday.

Prices of food and non-alcoholic beverages, which have the largest weight of 40% in the consumer basket, grew by 3% on the year in April, after adding 3.3% a month earlier.

Housing, water, electricity and fuel prices, which have a weight of 20.7% in the consumer basket, edged up 0.9% on the year in April, following an increase of 1.1% in March.

On a monthly comparison basis, consumer prices in Albania turned to a deflation of 0.6% in April from 0.4% inflation a month ago.

Last week, Albania's central bank decided to keep its key interest rate at record low 1.25%. Inflation is anticipated to return to the central bank's target of 3% around the end of 2018.

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Greece, is going to Plan B: grant for 600 thousand Greek citizenship, at the Consulates

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BERISHA: GREATER ALBANIA, WE LOST TERRITORIES

he Albanian Prime Minister held a meeting with Prishtina University students, in which he argued why he is against the unification of Albania with Kosovo and why both countries would lose, if borders would be changed. “The vital interest of the Albanians is to preserve the current borders, and the Albanians should not accept, at any cost, to lose a single square meter of the land they are entitled to. Another redraw of the borders would mark undeserved losses of the Albanian territories. We must be patient, free, and should not undertake any action that threatens territorial losses. Every generation has to make its duty, and this generation made it”, Berisha declared.

Dimas:"The Greek ethnic Community in Albania has the right of free of charge self-determination"

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Another World Bank project is being executed with the help of the Albanian authorities for the reconstruction of the residences in Albania’s southern coastline. The 625.000 USD project aims to protect and promote the values of the Albanian national architecture in the Southern part of the country, in order to prevent destruction and abandonment of the traditional houses. “Shqip” newspapers says that the Ministry of Public Works is the WB partner in the “Roofs and Facades” project. The implementation of the program has started in the villages classified as participators: Dhermi i Vjeter, Qeparo i Vjeter, Ilias, Vuno, Himare e Vjeter, Piqeras, Nivice and Luksht. The World Bank will finance 70% of the restauration cost, with a maximum of 7000 USD, while the program “Accommodation and Breakfast” will finance 50 of the restoration cost, with a maximum of 5,000 USD. The program “Roofs and Facades” aims to restore 72 houses in 18 months. 20 of them will adopt with the conditions of modern life, in the framework of the program “Accommodation and Breakfast”.

First step to Greater Albania: Kosovo Opens First Highway Section

A 38 kilometre-tranche of the road, which will eventually cross the country from the Albanian to Serbian border, was opened on Saturday. The first section, which runs from Vermica on the Albanian border to close to the town of Suhareka, cost 330 million euro. Senior Kosovo and Albania government officials were present at the inauguration ceremony. In a speech, Kosovo’s President Atifete Jahjaga said that the "highway has the role of linking nations and countries". "It is our link with important European corridors. Our coordinated policy will make us a free and equal members of the European Union," she added. Named the "Ibrahim Rugova Highway", after Kosovo's most famous president, the road connects with Albania's first highway, which was also built by the Turkish-American consortium Bechtel-Enka.

Himarrioton Society of America

The Himarriotans of America, motivated by the love of Himarra, the land of their native origin, and dedicated to the noblest ideals of their forfathers, have established this organization which aspires to the cultivation and preservation of Himarriotic culture in America, to making a positive difference in the lives of its members, and to promoting the rights and interests of the Himarriotans in Himarra, through the realization of patriotic, charitable, philanthropic, educational and cultural endeavors.

Opinion in Kosovo: "Socialists in Albania, are filo Greek"

The Chairman of the Opposition in Albania, Edi Rama, accused by the press in Kosovo that "he is with filo Greek sentiments" If, Sali Berisha, Albania's current prime minister, is expected both in Macedonia and Kosovo, as president of the Albanian nation, this has not happened with the chairman of the opposition in Albania, Edi Rama. During a recent visit to Kosovo, Edi Rama is unpopular, the fact that the perception of public opinion in Kosovo, is that the south, is the area close to Greece, but especially Rama and the Socialist Party, was accused of holding a position filo Greek, against the interests of Greater Albania.

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Monday, May 8, 2017

Albania's annual inflation slows in April

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