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    Positive growth forecast for Albania


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    Positive growth forecast for Albania Empty Positive growth forecast for Albania

    Post by Webmaster Fri May 15, 2009 12:44 am

    Positive growth forecast for Albania

    By Kerin Hope in Athens
    Published: May 14 2009

    Albania appears an unlikely bright spot on Europe's gloomy economic
    map, with international institutions still forecasting positive growth
    of about 1.2 per cent this year, writes Kerin Hope in Athens.
    While its cash-strapped Balkan neighbours seek emergency finance
    from the International Monetary Fund, Europe's secondpoorest country,
    after Moldova, secured a €250m ($340m, £224m) medium-term commercial
    loan last month, arranged by Deutsche Bank and Alpha Bank of Greece.
    The funding allows the right-of-centre government of Sali Berisha,
    prime minister, to complete an upgrade of the main highway to Kosovo -
    a key infrastructure project.
    More... Positive growth forecast for Albania

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