EC analyzes Albanian economy – Eurobond, banks and public debt in “scanner”

The European Commission has published the report of the second quarter of the year for candidate and potential candidate countries. In the chapter dedicated to Albania, the report analyzes all sectors of the economy. Initially, in terms of key developments, the European Commission talks about the successful issuance of the Eurobond of 650 million euros with an interest rate of 3.5%. Regarding the monetary sector, the European Commission emphasizes mainly the slight devaluation of the lek in the first half of this year.

For the financial sector, meanwhile, the report notes that both the capital adequacy ratio and liquidity have increased. Interest rates are also estimated to be declining, even more pronounced in terms of local currency loans.

The trend of foreign currency loans, meanwhile, has suffered a slight “shock”, it is further said. On the fiscal sector, the European Commission emphasizes the growth of public debt to 80% of Gross Domestic Product within this year, emphasizing that this indicator and other indicators of fiscal health should remain within the logic of the pandemic.

SCAN

*Material i përgatitur nga portali SCAN. Ripublikimi mund të bëhet vetëm kundrejt citimit të autorësisë dhe burimit origjinal.