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Albanian lek hits record high against euro
07 May 2025 10:54 GMT
Albania’s currency, the lek, surged to a record high … the Bank of Albania.
The rise of the lek against the European … tourism, rising foreign investment and Albania’s tight fiscal policy,
As … appreciation of the lek has had an impact on Albania’s economy …
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Albania’s central bank sets new mortgage lending limits
07 May 2025 16:15 GMT
Albania’s central bank imposed new … risks.
Tirana, May 7 (TemA) – Albania’s central bank approved new … retirement age.
For loans in lek, loan-to-value caps will … for first-home loans in lek and 35% for other properties …
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Euro’s fall drives Albania’s imports up 14% in 2024
07 May 2025 12:38 GMT
… .
Tirana, May 7 (TemA) – Albania’s imports rose 14% by … customs revenue by 17 billion lek (€170 million), though higher … a record 521.7 billion lek (€5.2 billion).
Tourism … hotel supplies and building materials.
Albania’s export competitiveness has eroded …
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Albania’s budget revenue rises 10% in early 2025
07 May 2025 01:44 GMT
… 6 (TemA) – Albania collected more than 181 billion lek in budget revenue … brought in 56.6 billion lek, a 9.3% increase year … wages.
Spending reached 147 billion lek, up nearly 12%, though investment … surplus of over 34 billion lek.
“Revenue growth is good for …
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C-Bank Tightens Mortgage Lending Rules
09 May 2025 11:46 GMT
The Bank of Albania said it has introduced measures … bank said.
For loans in Albanian lek, people can borrow up to … of the IMF mission in Albania, in an interview with local …
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Revenue Slows Down: 1 Billion Lek Less Than Planned Collected from January to March
05 May 2025 19:05 GMT
… year, the Albanian state budget collected 181 billion lek in revenue. While … ’s projection of 182 billion lek.
Although the gap represents only … in only 3.4 billion lek—17% below target.
Local taxes … government spent 10.5 billion lek less than planned in the …
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Cash circulation in Albania rises to €4.3 billion in early 2025
04 May 2025 20:09 GMT
… 3 (TemA) – Cash held outside Albania’s banking system rose to … upward trend, the Bank of Albania reported.
Compared to March 2024 … accounts for 23.7% of Albania’s money supply — nearly three … from the current 150,000 lek (€1,400).
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Berisha in Tropoja: Ministers Swim in Luxury While Albanians Barely Make...
04 May 2025 17:17 GMT
… of just 140,000 old lek.
“You’ve surely heard … , these officials insult the Albanian people with remarks like ‘no … like princesses from sultanates—telling Albanians that pensioners are doing … a definitive answer: every Albanian will receive a minimum living …
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Mortgage Cap Introduced: 85% for First Home, 80% for Second
09 May 2025 00:48 GMT
The Bank of Albania has introduced new limits on … . The maximum loan amount in Albanian lek will be 85% of the … monthly income:
For loans in Albanian lek, the installment-to-income ratio … when demand for property in Albania remains high, while loan repayment …
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Euro Reaches Lowest Exchange Rate in 2025
06 May 2025 06:35 GMT
… Lek.
According to the official exchange rate of the Bank of Albania … , the European currency was exchanged on Monday (May 5) for Lek … of the Bank of Albania. BoA purchased approximately Euro … the Bank of Albania.
In parallel, the Lek has also …