Interest rate unchanged. Bank of Albania: “Graduan revival of economy”
06/08/2015 00:00
Bank of Albania foresees an economic growth higher than one year ago,
and valued that the fluctuations in the market are temporary.
Governor Genti Sejko declared for the media that the Supervisory Council decided to keep the same interest rate of 2%.
For the Governor, the reduction of bad loans is a positive indicator that will help reviving this sector.
The Bank of Albania expects to have a gradual revival of the economy in the months to come, while the situation in Greece is still under observation.
Sejko said that Albania needs more structural reforms in economy.
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