Online Insolvency Assessment on Business Restructuring

Many businesses in EBRD regions affected by the pandemic will need restructuring support

National legislation assessment will assist in addressing gaps in insolvency frameworks

Online questionnaire will be available for public consultation until 31 October 2020 at www.ebrd-restructuring.com.

The European Bank for Reconstruction and Development (EBRD) is conducting an assessment on business restructuring tools in …

Tirana, 27 July 2020 – Micro, small, and medium enterprises (MSMEs) in Albania are significant contributors to the Albanian economy, accounting for 99.8 percent of active enterprises. They employ 79.8 percent of the workforce and realize around 69 percent of value added. This sector is generally characterized by high informality (especially in agriculture), limited availability of collateral, and low levels of …

What could be in the focus of the future policy reforms to address recently emerged business concerns – liquidity, employment, fiscal burden, digitalization, attracting FDIs, etc.

Tirana, 5 June 2020 – On Friday, the Investment Council (IC) held a plenary meeting via Zoom teleconferencing to discuss key business suggestions for the economic recovery of the country post-COVID-19. The meeting was attended …

2-3 June 2020

Virtual Conference of the Investment Councils supported by the European Bank for Reconstruction and Development 2020
“Supporting EBRD’s Countries of Operations in economic recovery from the Covid-19 pandemic: putting Investment Councils at the centre of the response”

The annual event brought together 12 EBRD-supported Investment Councils from Albania, Montenegro, Kosovo, Moldova, Georgia, Belarus, Ukraine, the Kyrgyz Republic, Tajikistan, Uzbekistan, Armenia, …

3 Working Groups on Investment Promotion, in the areas of:

Energy

Agro-industry

Digitalisation

2 Working Groups to tackle:

The issue raised by the business related to the freezing and unfreezing of the taxpayers’ accounts by the commercial banks based on pertinent orders issued by the tax and local tariffs directorates within municipalities

Additional concerns raised by the businesses regarding the decision-making on local taxes and …

Tirana, 14 April 2020 – On Tuesday, the Investment Council (IC) held an extraordinary meeting via Zoom teleconferencing to discuss the impact of the COVID-19 pandemic on the business in Albania, with a focus on financial and economic measures taken by the government to cope with the consequences of the pandemic, observations on main business concerns, including as well potential …

TIRANA, 9 April 2020 – In light of the epidemic situation caused by COVID-19, a number of escalating measures have been taken by the Government of Albania since 9 March 2020.  The COVID-19 emergency situation has impacted operations of both public institutions and private sector companies, creating an extraordinary situation as relates to the economic activity within the country.  In …

Tirana, Monday, 27 January 2020 / The Investment Council held a plenary meeting with the agenda item “On the Interaction Between the Municipalities and the Business – Transparency, Services and Local Economic Development,” chaired by the Minister of Finance and Economy, Ms Anila Denaj. Attended the meeting the Minister for the Protection of Entrepreneurship, Mr Eduard Shalsi, Deputy Mayor of Tirana, Mr …

Tirana, 4 October 2019 / Chaired by the Minister of Finance and Economy, Ms Anila Denaj, Albania Investment Council discussed “On Investment Potentials and Priority Sectors.” Attended the meeting the Minister of Infrastructure and Energy, Ms Belinda Balluku (as a special guest), as well as other public and private sector representatives—IC members.

In her opening speech, Minister Denaj said that the …

“Investment Promotion and Priority Sectors” is the next agenda item to be discussed by the Investment Council (IC) in early October. Secretariat’s analysis, being prepared for this meeting, will aim to encourage the debate on sustainable growth options for investments and potential resources. The analysis will focus on the latest dynamics of the country’s economic growth as well as real …