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Europe┬┤s fastest growing economy takes strides towards EU accession

AlbaniaPosted by Chambers of Commerce Sweden - Southeast Europe Mon, December 14, 2009 21:49:12

Many in Albania - which has Europe's fastest-growing economy and aspirations to join the EU - feel the former dictatorship has come a long way fast, reports BBC from Tirana.
According to the European Bank for Reconstruction and Development (EBRD), which is the biggest institutional investor in Albania, the national economy grew by 7% in 2008 and 6% in the first quarter of 2009, driven largely by investment in public infrastructure and in the telecommunications industry.
It is not recession-proof, but foreign investment is increasing, as is confidence in the banks. And all predictions are for the country to stay in the black.
Read more of this interesting BBC article here.

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