AGP Executive Report
Last update: 9 hours agoDigital Payments: Albania’s digital payments rose to 29 per person a year, from five a decade ago, with annual growth averaging 25%. Cards were used more often for purchases than cash withdrawals in 2025, the Bank of Albania said at an international conference in Tirana. Energy: Wholesale electricity prices jumped 60% in the third quarter to €142/MWh, while consumption rose 12.2% year on year. The price increase applies to the wholesale market, not directly to household bills. Tax Policy: The 2027 package under discussion would raise standard VAT from 20% to 21% and dividend tax from 8% to 15%, while cutting VAT to 6% on 54 essential foods. Confindustria Albania wants an impact assessment before changes are adopted. EU Accession: Brussels named Albania among four frontrunners and set milestones for the year ahead. Rama says talks could be completed by the end of 2027; the Commission also points to needed reforms in courts, corruption and political cooperation. Renewables: VERBUND has begun construction on Albania’s first wind project, while a separate agreement was signed for the Spille wind farm.
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