AGP Executive Report
Last update: 10 hours agoEU Accession: EU governments agreed to close another chapter in Albania’s membership talks, covering business and industrial policy, support for smaller firms and investment; formal closure is expected Tuesday. Infrastructure Funding: Only 21% of the World Bank’s $57.97 million Resilient Bridges funding has been disbursed. Work is advancing on several crossings, but just one had met climate-resilience standards by March 2026, against a target of 30 by 2031. Flood Recovery: Severe flooding killed at least one person in Albania and damaged hundreds of buildings, renewing attention to resilient infrastructure and emergency response. Durrës Waterworks: A €80 million French-backed grant will support a €118 million upgrade to water, sewage and wastewater treatment systems. Manufacturing: Garment makers report 25,000 jobs lost and nearly 150 factories closed, citing falling exports, high costs, labour shortages and euro weakness. Regional Connectivity: Albania’s foreign minister promoted Corridor VIII as a route to cut transport costs, attract investment and strengthen links between the Adriatic and Black seas.
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