Albania

Albania and Montenegro to suffer huge tourism losses due to coronavirus warns S&P

Valentina Dimitrievska in Skopje April 2, 2020

Small "Sun, Sea, and Sand" island destinations to be the worst affected by slowdown in global tourism flows this year, followed by Central and Eastern Europe, rating agency says.

EBRD reveals CEE/Eurasia economies’ vulnerability to external shocks amid coronavirus crisis

bne IntelIiNews April 1, 2020

Development bank looks at the resilience of states in the region to falling commodity prices, value chain disruption, declines in tourism and domestic disruption.

EU ministers reach agreement to open accession talks with Albania, North Macedonia

Valentina Dimitrievska in Skopje March 24, 2020

Decision "sends a loud and clear message to the Western Balkans: your future is in the EU,” said Enlargement Commissioner Oliver Varhelyi.

Citizens fear unscrupulous leaders will take advantage of lockdowns

Clare Nuttall in Glasgow March 23, 2020

Restricting social interaction is a vital part of the efforts to delay the spread of the coronavirus pandemic, but in some countries people fear politicians will use the opportunity for their own ends.

THE MITTELEUROPEAN VIEW: Looking for LUV — what shape will Europe’s recovery from this existential crisis be?

Gunter Deuber of Raiffeisen Research in Vienna with support from colleagues in Vienna & across the CEE region March 18, 2020

There is a new acronym in the economists' lexicon: VUCA. It is short for “Volatile, Uncertain, Complex and Ambiguous” as pundits are struggling to explain a crisis that is coming at us from all sides simultaneously.

wiiw slashes 2020 growth forecast for CESEE to just 1.1%

Clare Nuttall in Glasgow March 17, 2020

Vienna-based think tank expects the coronavirus pandemic to result in the worst year for the region since the global financial crisis.

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