wiiw Forecast Reports
ALBANIA: Economic development under house arrest
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Albania’s GDP growth rates are expected to hover around 1% in the years to come. Weak domestic demand, especially due to fiscal austerity measures, is the main reason for the sluggish development that is a far cry from pre-crisis economic dynamics. The signals emanating from the private sector are contradictory and do not make for a more optimistic outlook at present.
Countries covered: Albania