
Flash News
Pedestrian dies after being hit by car while crossing the traffic light near the former "Eagle" Square
Poll/ DP ranks first in Shkodra
Bullets fired at car, Albanian injured in Switzerland
The hotel was built without a permit, the Gjirokastra Prosecutor's Office seizes the building, the owner is imprisoned
Power outages in Spain and Portugal, services 'paralyzed'
Euro's decline deepens/ Experts: Approaching parliamentary elections are weakening the currency
The European currency continues to lose ground, trading at 98.96 lekë according to data from the Bank of Albania.
It is tourism, remittances, but also the approaching parliamentary elections, according to experts, that are further weakening this currency.
" We see that February and March, with the warming of temperatures, have also brought the depreciation of the euro due to the increase in the number of tourists visiting Albania. The second phenomenon is the increase in remittances, which have recently brought emigrants more money these months, directly affecting the euro. We have seen that foreign direct investments are at the highest levels in real estate and the latter have transactions in euros ," says Romina Radonšić, an economic expert, for TCH.
The effect of the euro depreciation has brought losses in state budget revenues. 160 million euros less was recorded from VAT on imports in 2024. While exporters have also had less profits. But on the other hand, this situation is significantly favoring external debt.
"Second-tier banks are giving out fewer loans in euros to manage risk. But the main winner is the government because of the external debt it has in euros and the income it has in lek, when converted into euros it has the opportunity to pay off this external debt," the economic expert further adds.
Other major currencies are also on a downward trend. The US dollar is trading at 91.36 lek, the British pound at 118.15 lek and the Swiss franc at 103.61 lek./TCH
Latest news



Rama: Don't mess with patronizers
2025-04-29 09:37:27
Are twins allergic to the same things?
2025-04-29 09:28:33
The Kosovo Assembly meets again today in a constitutive session
2025-04-29 09:20:47

Television media become an 'extension' of party propaganda during the campaign
2025-04-29 08:59:28

Albanians perceive economic inequality much higher than official indicators
2025-04-29 08:39:46
The city once breathed, today it coughs.
2025-04-29 08:31:21

Weather forecast/ How temperatures will vary throughout the day
2025-04-29 07:54:27
"Avoid impulsive purchases"/ Today's horoscope
2025-04-29 07:31:59
Morning Post/ In 2 lines: What mattered yesterday in Albania
2025-04-29 07:20:17
Poll/ DP ranks first in Shkodra
2025-04-28 22:55:39
Analyst: Edi Rama is an ordinary fraudster
2025-04-28 22:30:06

Immigrant in Sweden accuses CEC of violating the secrecy of his vote
2025-04-28 21:44:30


Bullets fired at car, Albanian injured in Switzerland
2025-04-28 21:02:07
Albanian caught with 2 million euros of cocaine in his car
2025-04-28 20:45:20

Why does Rama threaten citizens who complain about corruption?
2025-04-28 20:17:54

Gjekmarkaj meeting with residents in Tale 2: We win 5:2 in the Lezha region
2025-04-28 19:55:24
CEC tests PEI devices to be used on May 11
2025-04-28 19:36:24


"Enough is enough", Rama is distracted by young people during the meeting
2025-04-28 19:12:28
"La Stampa": 16 migrants have "disappeared" from the Gjadri camp
2025-04-28 18:55:34


A person's eyes can tell if they have 'mental problems'
2025-04-28 18:05:09


Cardiovascular diseases, 8% of patients at risk for cardiac arrest
2025-04-28 17:19:40
Xhaferri: The next Prime Minister from the DP will be for all citizens
2025-04-28 17:11:44



Children with developmental and speech delays due to "cellphone in hand"
2025-04-28 16:22:51
Power outages in Spain and Portugal, services 'paralyzed'
2025-04-28 16:14:38

Richard Grenell reacts to the news reprinted by Politiko: It is false!
2025-04-28 15:52:47

Foods with vitamin A, here's why they are vital for eye protection
2025-04-28 15:32:34




Kosovo issues arrest warrant for Radočić for war crimes
2025-04-28 14:42:59

Putin declares ceasefire in Ukraine!
2025-04-28 14:12:44


"Partizani" file, GJKKO rejects the request for the judge's disqualification
2025-04-28 13:35:08
Election of the new Pope/ Conclave to meet on May 7
2025-04-28 13:28:50

Cross-border terrorism? India and Pakistan continue to exchange fire in Kashmir
2025-04-28 13:01:20
Arbjan Mazniku is being questioned by the Tirana Prosecution Office
2025-04-28 12:37:37
Video/ Tragic in Turkey, 3 people lose their lives after landslide
2025-04-28 12:22:54
The Pope of humane values who inspires hope among Albanians
2025-04-28 12:21:48
2200 cannabis plants and 578 seedlings seized in Vau e Dejës
2025-04-28 12:09:51
Quarrel between son-in-law and mother-in-law in Fier, police intervene
2025-04-28 12:01:28
The opposition's trap with lobbying, and the pit where Rama's media 'heads' sank
2025-04-28 11:58:31


3 cannabis plantations discovered in Belgium, 5 Albanians arrested
2025-04-28 11:21:01

Two cars collide on the Lezhë-Manati axis, 5 injured
2025-04-28 11:02:08
Trump thinks Zelensky is ready to give up Crimea
2025-04-28 10:47:43
Crossing the line? DW: Conservative Catholics against blessing for all
2025-04-28 10:38:58


Meta calls on Albanians: Vote no. 1! Great Albania is very close
2025-04-28 10:01:03
Photo/ This is the 58-year-old man who was executed with three bullets in Vlora
2025-04-28 09:44:12

Trump doubts Putin's desire for peace
2025-04-28 09:08:27
Defrauding citizens with fake banking messages, 23-year-old arrested in Tirana
2025-04-28 08:48:39
Border controls between Albania and Kosovo are lifted
2025-04-28 08:33:30


EU pulls out US academics after Trump freezes funding
2025-04-28 07:33:30

Morning Post/ In 2 lines: What mattered yesterday in Albania
2025-04-28 07:10:22









Collision between three vehicles in Lushnja, four injured
2025-04-27 18:48:40
Accident on the Lushnja bypass, "Range Rover" crashes and catches fire
2025-04-27 18:29:38

5 small habits that can change your life
2025-04-27 17:43:38