The European Commission increased their prediction for Albania’s economic growth to 3.7%, from 3.5% that it was before.
“Albania’s economic activity is still growing together with consumption, while investments remain high”.
Their prediction for the next year has also improved from 3.6% to 3.9%. The Commission says that the revival of the economic activity is accompanied by an increased employment by 6.1%. This year it is expected to grow with 4.5%.
However, the Commission foresees that the political crisis may discourage consumption and investments.
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