Recent Developments Growth in the Europe and Central Asia region continued to pick up in the first half of 2017, with commodity exporters and commodity importers alike achieving recovery. The region has...
Tbilisi, 11 May, 2017 – Economic growth in Europe and Central Asia (ECA) will accelerate slightly in 2017, following the stabilization of oil prices, benefitting the eastern half of the region, and a continued...
Date: May 11, 2017Type: Press Release Language: English
The World Bank Group has been the key development partner in the Western Balkans and has supported the Western Balkan countries during the period of economic transition and early reforms. The World Bank...
CONTEXT Land is at the center of many development challenges. Poverty reduction and shared prosperity, increasing food security, sustainable urbanization, addressing climate change, reducing fragility,...
Skopje, 06 April, 2017 – Countries in the Western Balkans are growing at a faster pace than in 2015, with regional growth projected to be 2.8 percent in 2016 and 3.2 percent in 2017, according to the latest...
Date: April 6, 2017Type: Press Release Language: English
VIENNA, April 4, 2017 – The Western Balkans region created 300,000 additional jobs between 2010 and 2016, or an overall increase in employment of about six percent. This is good news, but the rate of increase...
Date: April 4, 2017Type: Press Release Language: English
Labor markets in the Western Balkan countries—comprising Albania, Bosnia and Herzegovina, Kosovo, FYR Macedonia, Montenegro and Serbia—are characterized by low employment rates and high unemployment by...
Date: April 3, 2017Type: Publication Language: English
TIRANA, March 31, 2017 - A group of eight Executive Directors[i] – members of the Board of the World Bank Group, visited Albania during March 29 – 30 as part of a broader tour of the Western Balkans....
Date: March 31, 2017Type: Press Release Language: English
WASHINGTON, March 13, 2017 - The World Bank’s Board of Executive Directors today approved the following project: Albania Financial Sector Development Policy Loan (DPL) IBRD Loan: USD 100 million Terms:...
Date: March 13, 2017Type: Loans & Credits Language: English
WASHINGTON, March 13, 2017— The World Bank’s Board of Executive Directors today approved a US$100 million Financial Sector Development Policy Loan (DPL) to the Republic of Albania. The policy operation...
Date: March 13, 2017Type: Press Release Language: English
Luxembourg, March 6, 2017 - The Vienna Initiative has agreed to establish a Working Group on Capital Markets Union. This follows the European Union’s push to strengthen Capital Markets which will have...
Date: March 6, 2017Type: Press Release Language: English
WASHINGTON, January 31, 2017— The World Bank’s Board of Executive Directors today approved a US$ 70 million Competitiveness Development Policy Lending (DPL) operation to the Republic of Albania. ...
Date: January 31, 2017Type: Press Release Language: English
Vienna, January 16 – Policymakers in the Western Balkans should rebalance their financial sectors to encourage long-term growth in the region, says a new World Bank report. According to Risks...
Date: January 16, 2017Type: Press Release Language: English
The role of local governments in South East Europe (SEE) has been evolving, along with increased responsibilities, but capacity gaps remain that need to be addressed. Local governments in the Western Balkans...
Date: January 4, 2017Type: Feature Story Language: English
With Bob Dylan receiving the Nobel Prize for literature, I feel empowered to quote another songwriter of his era, Ms. Joni Mitchell, who wrote: Don’t it always seem to go, That you don’t know what you’ve...
Date: December 13, 2016Type: Speeches and Transcripts Language: English
Honorable Prime Minister Rama, Honorable Minister Ekonomi, Ambassador of the EU, Chairperson of the Parliamentary Committee on EU Integration, Distinguished Participants, Globally, trade has...
Date: December 12, 2016Type: Speeches and Transcripts Language: English
Dear Minister Ekonomi, Minister Klosi, Deputy Minister Luci, General Director of INSTAT Ibrahimaj, Distinguished Guests, It is a great pleasure to introduce today this event on Promoting Inclusion in Albania:...
Date: December 7, 2016Type: Speeches and Transcripts Language: English
Warsaw, 6 December, 2016 – Financial sector development must go beyond improving access to bank credit. Financial systems should develop in a balanced way through both bank and non-bank subsectors, including...
Date: December 6, 2016Type: Press Release Language: English
BUCHAREST, November 22, 2016 – There will be a modest increase in GDP growth in 2016 for countries in the Europe and Central Asia (ECA) region. Low oil and other commodity prices in the eastern half of...
Date: November 22, 2016Type: Press Release Language: English
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