1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Oil and Gas Market Trends
  5. > Albania Country Report - September, 2016

Albania Country Report - September, 2016

  • October 2016
  • -
  • Emerging Markets Direct Media Holdings
  • -
  • 32 pages

This report covers the key macroeconomic and financial releases as well as the political events from Albania for the period of September 13, 2016 - October 11, 2016.

OMNIX abandons $450mn tourist project in Albania after attack on executive

Albania became a new customer of Iranian petrochemical products

Albanian parliament adopts controversial law on waste imports despite protests

China's Geo Jade wraps up deal to buy Albania-focused Bankers Petroleum

China Everbright Limited completes acquisition of Tirana International Airport

Albanian GDP growth expected to improve in 2016, World Bank says

Albania raises 13 spots to 80th in world economic competitiveness ranking





Key points:

o Albania's GDP growth accelerates in Q2

o Inflation slows slightly to 1.8% y/y in September

o Albania posts budget surplus of EUR100mn through August

o Albania's FDI down 11.6% y/y in H1

o Albania's Q2 current account gap more than doubled to EUR354m

o 8-mo trade gap deepens 19.7% y/y

Table Of Contents

Albania Country Report - September, 2016
1.Executive Summary4

2.Politics5

Albanian parliament adopts six basic laws in judicial reform package5

Albanian PM says only non-hazardous waste to be imported5

Albanian parliament adopts controversial law on waste imports despite protests6

International scientists urge Albanian PM to abandon HPP project on Vjosa river7

Albanian ex-labour minister sentenced to prison for abuse of power7

3.Macroeconomic overview8

IMF keeps 2016 GDP projection for Albania unchanged at 3.4%8

Albania raises 13 spots to 80th in world economic competitiveness ranking8

Albanian GDP growth expected to improve in 2016, World Bank says9

4. Real Sector9

4.1. GDP9

Albanian economic growth accelerates in Q29

4.2Inflation10

Albania's inflation slows slighty to 1.8% y/y in September11

Albania's producer price deflation eases to 2% y/y in Q212

4.3 Industry and trade12

4.3.1 Industrial turnover12

Albania's industrial turnover growth slows in Q212

4.3.2 Construction12

Number of building permits in Albania rises q/q in Q212

4.4 Investments13

Albania's negative NIIP expands 6.2% in second quarter13

4.5. Labour and retail13

4.5.1 Unemployment and wages13

Albania's registered jobless rate continues decline in Q213

4.5.2 Retail13

Albania's retail sales growth accelerates to 6.2% y/y in Q2 201613

5. External sector and trade14

5.1 Balance of payment and current account14

Albania's Q2 current account gap more than doubled to EUR354mn14

Remittance inflows to Albania fall 4.6% y/y in H115

5.2 Trade16

Albania's 8-mo trade gap deepens 19.7% y/y16

5.3 Foreign direct investments17

Albania's FDI down 11.6% y/y in H117

5.4 External debt18

Growth of Albania's gross external debt speeds up to 9% y/y at end Q218

5.5 Foreign reserves18

Albania's reserve assets up 7% y/y at end-August18

6. Public sector19

6.1 Budget19

Albania posts budget surplus of EUR100mn through August19

6.2 Government debt20

Albania's public debt rises at end-June20

7. Foreign exchange20

Albanian lek gains against euro in September20

8. Financial sector and capital markets21

8.1 Banking system21

Interest rates on Albania's lek loans resume growth in August21

Interest rates on Albania's lek deposits continue decline in August21

Albania's lending resumes growth in August22

Growth of Albania's commercial bank deposits accelerates in August23

8.2 Interest rate and bond market23

Albania sells out EUR18.2mn in ten-year T-bonds23

Albania raises EUR4.7mn in two-year T-bonds, target missed23

Albania raises EUR16.7mn in seven-year T-bonds, target missed24

8.3 Money supply24

Albania's M3 money supply growth accelerates in August24

8.4 Credit rating24

SandP rates Albania at 'B+/B'24

9. Industry and sector news25

Air passenger traffic in Albania up 2.2% y/y in Q225

Albania's foreign visitors up 6.7% y/y in Q225

TAP operator starts placing first gas pipes in Albania25

Albania's OSHEE cuts electricity losses to 28.1% through August26

Albania's 8-mo insurance market up 4.6% y/y26

Tirana city calls tender for public transport terminal project27

Albania extends deadline for oil exploration in two blocks until end October27

Albania to buy Iranian petrochemical products28

Albania plans to reduce power consumption by 8% by 201828

Albania's revenues from travel and tourism up 8% y/y in Q229

10. Major Corporate News29

China Everbright Limited completes acquisition of Tirana International Airport29

China's Geo Jade wraps up deal to buy Albania-focused Bankers Petroleum30

Albania's Devoll Hydropower puts 73MW Banja HPP into operation30

OMNIX abandons $450mn tourist project in Albania after attack on executive31

Law firm advises Albania to appeal against compensation to Bankers Petroleum31


View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Global Refining Industry Outlook to 2021 - Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned Refineries

Global Refining Industry Outlook to 2021 - Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned Refineries

  • $ 8000
  • Industry report
  • January 2017
  • by GlobalData

Global Refining Industry Outlook to 2021 - Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned Refineries Summary "Global Refining Industry Outlook to 2021 - Capacity and ...

Global LNG Industry Outlook to 2021 - Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned Terminals

Global LNG Industry Outlook to 2021 - Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned Terminals

  • $ 8000
  • Industry report
  • February 2017
  • by GlobalData

Global LNG Industry Outlook to 2021 - Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned Terminals Summary "Global LNG Industry Outlook to 2021 - Capacity and Capital ...

Generator Sales Market by Type, Application, Power Rating, End-User, and Region - Global Forecast to 2021

Generator Sales Market by Type, Application, Power Rating, End-User, and Region - Global Forecast to 2021

  • $ 7150
  • Industry report
  • February 2017
  • by MarketsandMarkets

“The generator sales market is projected to grow at a CAGR of 5.7% from 2016 to 2021.” The generator sales market is projected to reach USD 24.45 billion by 2021, growing at a CAGR of 5.7% from 2016 ...


Download Unlimited Documents from Trusted Public Sources

Global Gas Trade

  • March 2017
    2 pages
  • Gas  

    Liquid Natural ...  

    Energy  

  • Europe  

    United States  

    Asia  

View report >

The future of the Gas Industry in Azerbaijan

  • March 2017
    4 pages
  • Gas  

    Pollution Contr...  

  • Azerbaijan  

View report >

Global Oil And Gas Demand

  • March 2017
    2 pages
  • Oil And Gas  

    Oil  

  • Philippines  

    World  

    United States  

View report >

ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.