AGP Executive Report
Last update: 5 hours agoCurrency: The euro fell to Lek 90.72 on Nov. 11, just above its record low, as the tourism off-season failed to halt the lek’s strength. Energy and Land: Fier Regional Hospital director Arben Voja was arrested in a probe into the alleged transfer of 44,000 square metres of public land to private owners before its sale to investors in a solar project. Industry: Turkish-owned Kurum lost its environmental permit for its Elbasan steel plant after inspectors called for its withdrawal; the company is also under investigation over 2,800 tonnes of hazardous waste and denies involvement in illegal exports. Infrastructure: The 2027 draft budget allocates Lek 75.45 billion to infrastructure and energy, including Lek 68 billion for capital spending and Lek 5.52 billion for Corridor VIII. Business Climate: Investor groups have warned that proposed 2027 tax increases—including higher dividend and standard VAT rates—could weaken competitiveness and deter investment.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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