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                  E martë, 13 mars 2018                                                                                                                        15
                   Tuesday, 13 March 2018
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      While the official figure for                Official unemployment drops, but
      unemployment in Albania is

      estimated to be 13.4%, among
      young people it is estimated                         it doubles among youngsters
      to be around 24.6%

                                        Eglantina Nasi

                                           fficial unemploy
                                           ment in Albania
                                           is currently re
                                 Oported to be
                                 13.4%. Experts are enthusi-
             ”                   ployment is lower than be-

                                 saying that the rate of unem-
          "Compared to the       astic about this figure, while
          end of 2016, at the    fore. But what catches the
          end of last year, the  eye is the fact that this fig-
                                 ure may be low, but, on the
          official rate of       other hand, there is a very
          unemployment           high rate of unemployment
          went down by           among youngsters.
                                    This is a marginal cat-
          0.8%, meanwhile
                                 egory of the Albanian soci-
          compared to the        ety due to the very small op-
          previous quarter of    portunities of employment
                                 that they get. "In the fourth
          2017, it saw a fall
                                 quarter of 2017, the official  among youngsters has a ten-                      tween the figures shows a  lation is only 10.5% and this
          of 0.2%", experts      unemployment rate in Alba-  dency to fall. "Compared to  13.4%                  big difference between the  shows that this is the most
          of INSTAT say,         nia, for the population aged  the fourth quarter of 2016, un-                   rate of unemployment for the  motivated category of do-
                                 15 years and over is 13.4  employment rare for young-                           population in general and  mestic population as far as
          while they compare
                                 %", experts of the Institute  sters in the fourth quarter of  Is estimated to be the  population among younger  work is concerned.
          the drop of unem-      of Statistics say, adding that  2017 is 3.5% lower.    rate of unemployment     population and this difference  This is in fact explained
          ployment rate in       "the official rate of unemploy-  Meanwhile, compared to  nationwide in the last  is almost two times bigger.  by factors such as experi-
          the country            ment for youngsters is at  the third quarter of 2017, it  quarter of last year for  According to INSTAT, as far  ence gained throughout the
                                 24.6%". However, according  has registered a fall of 1.4%",                     as age group 30-64 is con-  years, but also the stable
                                 to experts, from one year to  experts of INSTAT say. How-  age groups 15 years  cerned, unemployment rate  work relations that exist in
                                 another, unemployment rate  ever, the comparison be-   and over                 in this category of the popu-  this category.



          FAILURE IN THE FIRST SIX MONTHS IN OFFICE                        FINANCIAL RESPONSIBILITY                             ALBANIAN BRANDS

      Leader of opposition: Albania was                                     BoA involved in                             President Ilir Meta: More


       certified like Europe's Columbia                                 activities to promote mechanisms to boost competition

                                                                                  awareness


                                                                            he Bank of Albania has started the so called
                                                                            Money Week today for the year 2018. Dur
                                                                       Ting this week, there will be a range of ac-
                                                                       tivities. The scope of these activities is to make
                                                                       children and youngsters more aware in order for
                                                                       them to be more responsible people while taking
                                                                       their financial decisions. In his speech, governor
                                                                       Sejko underlined the slogan of the activity "Money:
                                                                       You will reap what you saw", which stresses the
                                                                       importance of issues relating to money.
                                                                          Sejko also said that these educating activi-
                                                                       ties that will be held throughout the week, the
                                                                       Bank of Albania is seeking to attract the atten-
           he accusations launched by the majority against the opposition for  tion of youngsters and children on the significance  he improvement of the business climate, the lift
           allegedly funding lobbying activities in Washington, have been con  of personal money and the impact of reasonable  ing of tariff and non-tariff barriers with Kosovo and
      Tsidered as mere lies by chairman of the Democratic Party, Lulzim  decisions in the personal success of everyone  Tthe attraction of direct foreign investments, fiscal
      Basha. According to Basha, Rama has nothing positive to tell Albanians  as part of a society.                 predictability, legal and contractual guarantees, must
      about the first six months of his government in office. "During these six                                     be some of our main priorities in our economic agenda.
      months, it was confirmed that here we have a state of narcotics, which                                          Such fact was announced today by the president of
      turned Albania, in at least 4 international reports as Europe's Columbia",                                    Albania, Ilir Meta in a meeting held with representatives
      Basha declared. The chairman of the Democratic Party, Lulzim basha                                            of the Joint Forum of Albanian Producers. This acts as
      made this declaration at the end of the meeting of the democrat parlia-                                       a lobbying platform to promote Albanian products, rep-
      mentary group. Basha also said that the record amount of cocaine that                                         resented by business associations and Chambers of
      was caught by police in Maminas is only the tip of the iceberg. "Hundreds                                     Commerce of Albania, Kosovo and FYROM.
      and hundreds of kilograms of cocaine have passed under the strict assur-                                        The head of the Albanian state appealed for more
      ances given by Edi Rama. It's been six months that no foreign investor or                                     financial, fiscal and promotional mechanisms in order
      minister of economy visits Albania. The only ones who have visited the                                        to make Albanian products and brands more competi-
      country are interior ministers and police chiefs and the main concern for                                     tive.
      Rama in these six months is how to control at all costs the damage that                                         According to Meta, this is the only way to strengthen
      crime is causing to his damaged reputation in Europe, therefore, his favor-                                   the Pan-National Economic Space, which would help
      ite game is the attack against the opposition", said the leader of the                                        the creation of the Regional Economic Zone, while the
      Democratic Party, Lulzim Basha.                                                                               latter would act as an ante-room for EU accession
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