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Hoxha: In the year of local elections, 12 billion euros related to drug trafficking were exchanged

Politiko 2026-06-18 21:58:47

Hoxha: In the year of local elections, 12 billion euros related to drug

Journalist Artan Hoxha has raised strong accusations regarding the circulation of informal money in Albania, stating that during 2023 alone, when local elections were held, around 12 billion euros were exchanged at foreign exchange points outside the banking system.

On the show "Çim Peka LIVE" on SYRI TV, Hoxha said that this large influx of money has directly influenced the depreciation of the euro in the Albanian market, arguing that financial institutions have not been able to neutralize the effects of this large amount of foreign currency that has entered circulation.

"And I'm saying only in 2023, that I will leave it to others, only in 2023, (the year of municipal elections in Albania), outside the banking system, in the currency exchange points in Albania, 12 billion euros have been exchanged. Do you understand? No matter how much the Central Bank tries to buy in the market and intervene in the market, why is the euro where it is. 12 billion in all the currency exchange points that Albania has," said Hoxha.

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