Economy & Business News

Albania’s PM defends W. Balkans ‘economic area’ project sponsored by EU


Tirana, dtt-net.com – Albanian Prime Minister today responded to critics of the ‘economic area’ plan agreed by Western Balkans countries on Wednesday in Italy saying that the idea behind the project is to increase trade cooperation within the region and prepare the countries to join the EU market.

The EU and Japan reach free trade deal


Brussels, dtt-net.com – The European bloc and Japan today reached “Economic Partnership Agreement” in principle subject to approval by EU member countries and the European Parliament.

EU calls on W. Balkans, Turkey to focus on economic reforms


Brussels, dtt-net.com – Western Balkans countries and Turkey today were called by the European Union to focus on economic reforms aimed at better preparing their economies for the EU path.

Kosovo politician suggests suspension of trade deal with EU


Prishtina, dtt-net.com - A Kosovan politician has criticized the Stabilization and Association Agreement (SAA) between Kosovo and the EU saying that the deal is harmful to local production.

Albanian authorities block tons of poultry imported from Brazil


Tirana, 15 May 2017, dtt-net.com – Albanian food security authorities said today they have blocked a total of 26 tons of poultry imported from Brazil because of containing salmonella.


EU candidate countries in Balkans to have positive growth, EC says


Brussels, dtt-net.com – The four EU candidate countries from the Western Balkans region (Albania, Macedonia, Montenegro) are set to have positive economic growth this and next year, according to a forecast by the European Commission (EC).

EU expected to have ‘steady’ growth in 2017 and 2018


Brussels, dtt-net.com – GDP in the EU is expected to be at 1.9 percent this and next year, while in the Euro area to 1.7 percent in 2017 and 1.8 percent in 2018, according to the European Commission (EC).

Albania to launch new airliner in cooperation with Turkish Airlines


Tirana, dtt-net.com – Albania is planning to open an new civilian transport airliner this year in cooperation with Turkish Airlines, country’s prime minister said.

European bank to help Kosovo’s private sector, industrial zones


London, dtt-net.com – Kosovan government signed today a Memorandum of Understanding (MoU) with the European Bank of Reconstruction and Development (EBRD) aimed at helping country’s private sector development and also construction of new industrial zones.

Unemployment in euro area at record low since April 2009


Brussels, dtt-net.com – Unemployment in the euro area (EA19) decreased to 9.5% in March 2017, thus the lowest rate recorded since April 2009, according to Eurostat.

GDP in the EU on the rise


Brussels, dtt-net.com - Seasonally adjusted GDP rose by 0.5% in the euro area (EA19) and by 0.4% in the EU28 during the first quarter of 2017, compared with the previous quarter, according to the new figures from EU’s statistical agency, Eurostat.

Serbia’s president-elect pushes for trade area between W. Balkans countries


Belgrade/Prishtina/Skopje-Shkup, dtt-net.com – Serbia’s prime minister and president-elect Aleksandar Vucic says a common trade area between six countries in the Western Balkans would help stability in the region, but the idea backed by EU officials is opposed by Kosovo and Macedonia so far.

Kosovo and Macedonia dislike EU proposal on common trade area


Prishtina/Skopje/Brussels, dtt-net.com – Ruling parties in Kosovo and Macedonia say that a new proposal made by EU officials for a common trade area between Western Balkans countries is not what the region needs in addition to current free trade deals across the region and existing ones with the European bloc.


Inflation in the EU on the rise


Brussels, dtt-net.com - Inflation in the EU-28 and Euro area went up in January to 1.7 and 1.8 percent respectively, comparing to December 2016, with Belgium, Latvia, Spain and Estonia registering the highest annual rate, according to the new data from EU’s statistical agency, Eurostat.

EU ministers clinch deal to prevent tax avoidance in non-EU countries


Brussels, dtt-net.com - Finance ministers of EU member countries today agreed on new rules which will enter into force as of 2020, aimed at preventing tax avoidance by companies through non-EU countries.

Earlier News

EU envoy, US Embassy condemn Bosnia Serb leader’s statement on unification with Serbia

EU official urges Kosovo to ratify border deal with Montenegro

EU experts urge Macedonia to focus on rule of law reforms

EU’s Hahn reiterates Kosovo condition to Serbia

Serbia to offer guarantees to UN court for release of Bosnia Butcher

Majority of Macedonia’s citizens satisfied with new government (poll)

Serbia partners with Russia over ‘survival’ of Serbs declaration in W. Balkans

Montenegro eyes opening of all chapters in EU entry talks this year

Montenegro says border deal with Kosovo a ‘closed issue'

Merkel congratulates new Kosovo PM, urges for ‘attention’ to list of tasks

W. Balkans needs « credible » EU entry prospect for the sake of stability, Juncker says

Another Macedonia’s parliamentary committee approves draft-law on languages

Albania’s parliament approves government

Top Slovenia’s lawmaker calls for acceleration of Macedonia’s EU, NATO path

Macedonian NGO to stage street protest against plans for wider use of Albanian language

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