Pandemic pushes public debt close to 80% of GDP in Albania and Montenegro

bne IntelliNews January 25, 2021

Albania’s debt overtook Montenegro’s in 3Q20 as GDP contractions and hikes in public spending sent debt-to-GDP ratios soaring across the region.

Kosovo’s biggest opposition party risks being unable to run in general election

Valentina Dimitrievska in Skopje January 24, 2021

Despite a huge poll lead, Vetevendosje could be barred from running in February vote.

BALKAN BLOG: Superstition and resentment surround vaccination plans

Valentina Dimitrievska in Skopje, Eldar Dizdarevic in Sarajevo, Clare Nuttall in Glasgow January 24, 2021

Vaccine rollouts are yet to start in four Western Balkan countries and it will be a challenge to overcome widespread belief in conspiracy theories and persuade people to get vaccinated.

Western Balkans citizens legally resident in EU equal to 14% of region’s population

Clare Nuttall in Glasgow January 20, 2021

2.4mn people from the Western Balkans have residence permits for EU countries including 868,000 Albanians – over 30% of the country’s 2.8mn population, shows Eurostat data.

BALKAN BLOG: US approach to switch from quick-fix dealmaking to experience and cooperation

Clare Nuttall in Glasgow January 19, 2021

The outgoing Trump administration sought to score points against the EU in the Western Balkans and ignored the complexities of Balkan politics. His successor Joe Biden can be expected to do the opposite.

Western Balkans and Ukraine urged to scrutinise coal subsidies

Valentina Dimitrievska in Skopje January 19, 2021

Energy Community secretariat asks national state aid authorities to check compatibility with the EU state aid acquis after report revealed five Western Balkan countries plus Ukraine spent €2bn on coal subsides in 2015-2019.

EBRD investments reach record €11bn in pandemic-struck 2020

Clare Nuttall in Glasgow January 14, 2021

The development bank's focus has been helping existing clients by providing short-term liquidity and working capital.

Heavy flooding causes chaos in parts of Southeast Europe

bne IntelliNews January 11, 2021

Dozens of people have been evacuated from their homes in Albania and Kosovo, while emergency situations were declared in parts of Bulgaria and Serbia.

OUTLOOK 2021 Kosovo

bne IntelliNews January 7, 2021

A challenging year in all respects. Kosovo is heading for another snap general election and most likely more political turmoil that could stymie efforts to revive the economy.

Arrera Automobili aims to launch Albania’s first supercar

bne IntelliNews January 4, 2021

28-year-old car designer Qendrim Thaqi has put together a team of engineers and body designers to work on the Illyrian Pure Sport.