Vienna Institution: “Albania, third highest growth among 22 developing European countries”

13/03/2018 21:29

The Vienna Institution for Economic Studies declared that Europe’s countries under development will mark the highest economic growth in many years.

In a report covering 22 Central and Eastern European countries, the Vienna Institution estimates that the developing countries of the region are experiencing a good economic moment, which is expected to last for some years.

According to the report, Romania remains the country with the best growth, where the GDP is expected to grow with 4.7%. Turkey comes next with 4.5%. Albania comes third, with 4.1%.

According to the Vienna Institution, Albania will lead the economic growth assisted by large infrastructure projects, increased consumption and also thanks to tourism.

Other countries will also have a growth, although at a lower rate, from 2.8% to 3.9%.


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