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![]() Albania
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GeographySoutheastern Europe, bordering the Adriatic Sea and Ionian Sea, between Greece and Serbia and Montenegro.
Administrative divisions12 counties (qarqe, singular - qark); Qarku i Beratit, Qarku i Dibres, Qarku i Durresit, Qarku i Elbasanit, Qarku i Fierit, Qarku i Gjirokastres, Qarku i Korces, Qarku i Kukesit, Qarku i Lezhes, Qarku i Shkodres, Qarku i Tiranes, Qarku i Vlores . Economy – overviewAlbania is making the difficult transition to a more modern open-market economy. The government has taken measures to curb violent crime and to spur economic activity and trade. The economy is bolstered by remittances from abroad of $400-$600 million annually, mostly from Greece and Italy; this helps offset the sizable trade deficit. Agriculture, which accounts for half of GDP, is held back because of frequent drought and the need to modernize equipment and consolidate small plots of land. Severe energy shortages are forcing small firms out of business, increasing unemployment, scaring off foreign investors, and spurring inflation. The government plans to boost energy imports to relieve the shortages. In addition, the government is moving to improve the poor national road network, a long-standing barrier to sustained economic growth. Culture and mediaNewspaper: 24 Orë, Biznesi, Ekonomia , Express, Gazeta 55, Integrimi, Metropol. |
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