ECONOMY

News and developments from the economy, business, markets, finance and issues that affect the economic life of citizens.

Farewell LEK? Albania officially starts the legal preparations for the adoption of the EURO currency

Albania has officially started the legal preparations for the adoption of the euro currency. The new draft law “On the Bank of Albania”, published for consultation, includes for the first time a special chapter that defines how the Albanian central bank will function after the country's entry into the Eurozone. The draft law provides that, from the day of the introduction of the euro as the currency of the Republic of Albania,...

MALITZI RAISES SALARIES FROM JANUARY, THE MINIMUM SALARY REACHES UP TO 1400 EUR

From January 2027, Montenegro is expected to implement a new salary model that foresees significant increases in both the public and private sectors. Montenegrin Prime Minister Milojko Spajic has presented the program called “EURO MODEL”, through which the minimum net salary will be determined depending on the level of education. For employees with primary education or more...