The British newspaper “Financial Times” has dedicated a long article to
the economic developments in Albania, including the aspiration to
approach Europe.
“Albania has been left aside, while other Balkan countries have now started the European Union integration path. It is time for Albania to take its step”, the article says.
“The candidate status will be positive as regards the reforms in general, and for sending a positive message to the international investors, showing that the country is on the right track”,n says Timothy Ash, analyst of development countries at the Standard Bank.
FT says that Albania has still a long road ahead, while other countries such as Serbia, Montenegro and Macedonia might join by 2020.
However, one of the poorest and most isolated countries in Europe is approaching to the progress of the other countries.
“Financial Times” quotes Prime Minister Edi Rama, saying: “Albania is prepared to change and we should show that the risks of investments in our country are not different from the other ones”.
Michael Massourakis, chief of the economic policies at the Alpha Bank in Athens said for Financial Times that there is a dynamic in the Albanian economy, regardless of the crisis. Albania has performed well compared to the other Southeastern Eruopean countries, probably because it is in the development phase, including the informal economy in general.
The article closes by analyzing some foreign businesses that operate in Albania and that are already a success story.
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