The failure of markets to price carbon emissions appropriately leads to excessive fuel use and induces global warming. This column suggests a new, back-of-the-envelope rule for calculating the global carbon price. The authors find that fighting global warming requires a price of around $15 per ton of emitted CO2, or $0.13 per gallon of gasoline. […]
IRN is pleased to introduce the inaugural Albania Oil, Gas & Energy 2015 Summit, 17-18 March 2015 Sheraton Tirana Hotel Taking place in Tirana, Albania, organised in collaboration with and under the Official Auspices of the Ministry of Energy & Industry. IRN holds a very successful Mediterranean portfolio of high level meetings, the most recent of […]
A hydropower plant, which the Austrian company ENSO is building in the Lengarica River in southern Albania with financing by the IFC, threatens to ruin a famous canyon, BIRN can reveal. The heavy-duty trucks and earth-moving machinery working to construct a hydropower plant on the Lengarica River in southern Albania, close to the Greek border, […]
These proceedings cover all the presentations from the two day event which was guided by a team of industry gurus, bringing you a broad range of highly topical papers that addressed all of the different aspects to do with the latest developments and technologies that you need to know about in order to stay at […]
Infrastructure & Utilities Its location at the center of a natural crossroad of the main transport corridors across Europe, places Albania in a strategic geographic position. With the completion of Corridor VIII, the expected implementation of the gas pipeline project TAP, with further development of infrastructures capacities of the leading ports, Albania will connect Mediterranean […]
Property Market Overview In the last few years, Albania has made clear progress in a number of areas needed to allow the smooth running of real estate finance and real estate transactions. The promising potential of this market is primarily based on the growth of the economy, the price stability, the favorable tax system, the […]
Albania offers not only a highly skilled labour force but also one of the lowest labour costs in the region. Labor relations between employee and employer are regulated by individual employment contracts pursuant to the Labor Code of the Republic of Albania and Law no. 8549, dated 11.11.1999 “On the Status of the Civil Employee”. […]
Trade and Free Trade Agreements Foreign Trade Regulations Albania applies a liberal trade regime while its foreign trade has been liberalized since 1990 and follows the guidelines set by the European Union and World Trade Organization. Albania has been a member of WTO since 2000 and applies WTO rules on import licensing. As a result […]
THE ALBANIAN CUSTOMS SYSTEM Customs legislation and administration The General Directorate of Customs (GDC) is the institution responsible for the management of customs in the Republic of Albania. The GD Customs is under the Ministry of Finance and conducts its activity pursuant to the Law No.8449 dated 27.01.1999 “Customs Code of the Republic of Albania” […]
Taxes in Albania Favorable Tax and Customs System With the adoption of the new 2014 fiscal package Law no. 179/2013 on the 28th December 2013 the government has taken a number of initiatives such as: • NO VAT on machinery worth over 500,000 dollars that will be used to increase the productivity. • NO TAXES on Small […]
