News


21
Dec 2016
Intesa Sanpaolo increases 2016 GDP growth forecast for Albania to 3%

Intesa Sanpaolo said on Wednesday it has lifted its 2016 economic growth estimate for Albania to 3.0% from 2.8% forecast earlier. “GDP is forecast to grow by 3% (with possible upside to 3.3%) in 2016, and to further increase by 3.5% (with possible upside to 3.7%) in 2017, which compare to a growth rate of 2.6% in 2015,” Intesa Sanpaolo said in its December forecast note which considers the countries where ISP has subsidiaries. Albania’s growth will be driven by investments in large FDI-financed energy projects, such as the Trans Adriatic Pipeline......

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SOCAR JOINS NEW ADRIATIC PIPE PROJECT

SOCAR JOINS NEW ADRIATIC PIPE PROJECT

Four western Balkans nations signed a memorandum of understanding with Azerbaijan state Socar on co-operation on building the Ionian Adriatic pipeline (IAP) on the sidelines of a Dubrovnik forum 25-26 August. The declaration of...


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