Albania Economy

Albania Economy

Subchapters: Basic data Public finances and the state budget Banking system Tax system Basic data The Albanian economy coped very well with the consequences of the earthquake in 2019 and the impact of the pandemic in 2020 (GDP decrease of only 3.3%), which, however, happened at the expense of the growth of the state’s debt. […]

Albania Recent History

Albania Recent History

From the creation of the Albanian state to today . In the 20th century, the intersection of Balkan nationalisms and the alternating events of the European powers determined a very fluid situation in Albania In 1913 the conference of ambassadors in London created an Albanian free state, under the principality of the German William of […]

Albania from a Physical Point of View

Albania from a Physical Point of View

From the orographical point of view, the relief of Albania is very complicated, and, while it is connected with that of the whole remaining western part of the Peninsula, it can be poorly coordinated in well-defined systems. For convenience of description, four main groupings can be distinguished: the Northern Albanian Alps, the border chains on […]

Albania Geography

Albania Geography

Albania is located in south-eastern Europe. The country borders in the north with Montenegro and Kosovo, in the east with Macedonia and in the south with Greece. theCoastal the Adriatic and the Ionian Sea form the natural western border, making the country one of the countries bordering the Mediterranean. Albania owns on the Adriatic and […]

Albania History

Albania Climate and History

TERRITORY: CLIMATE According to itypeusa, there are significant environmental differences between the coastal strip and the interior, especially in relation to altitude, which determines significant variations in the climate. This is typically Mediterranean in the coastal region and gradually takes on more continental characteristics towards the inland mountains, where winter temperatures drop significantly, also due […]