Romania's OPCOM electricity spot volumes - Dec 04, 2023
Romania's OPCOM electricity spot prices - Dec 04, 2023
Croatia power consumption - Dec 02, 2023
Serbia power consumption - Dec 02, 2023
Bulgaria power consumption - Dec 02, 2023
Sep 27, 2023 14:30 EEST
September 27 (SeeNews) - Albania’s economy is forecast to grow by 2.5% in 2023 and by 3.3% next year, the European Bank for Reconstruction and Development (EBRD) said on Wednesday, maintaining its May forecast.
This moderation in growth, compared to the 4.8% recorded in 2022, is attributed to factors such as weakening domestic demand, reduced goods exports, and inflation levels that, while higher than regional averages, remain relatively moderate. However, the promising performance of the hospitality sector and the expected global economic recovery could provide a potential boost to medium-term growth.
In the Western Balkans region, EBRD forecasts a deceleration, with a projection of 2% for 2023, down from the 3.2% growth recorded in 2022. This adjustment represents a 0.2 percentage point decrease from its previous May forecast. However, economic growth in the region is expected to rebound in 2024, with a forecast of 3.4%, aligning with its earlier projection.
You have run out of free articles this month.
Sign up in for
and get ten (10) free articles per month or sign up for
and get unlimited access.
Browse our free newsletter options