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Dec 20, 2017 15:29 EEST
TIRANA (Albania), December 20 (SeeNews) – Albania's economy and finance ministry said it signed a grant agreement worth 12.5 million euro ($14.7 million) with the German government to support employment and energy efficiency programmes.
The grant will be extended through the German development bank KfW, the ministry said in a press release late on Tuesday.
Around 6 million euro will be used for the promotion of employment and vocational education training, whereas around 6.5 million euro will go to finance the renovation of the University of Tirana’s dormitory to improve its energy efficiency.
Since 1988, Germany has supported Albania with more than 1 billion euro, including contributions at European Union (EU) and United Nations (UN) level. Germany’s priorities in the country are economic development, energy, infrastructure, education and vocational training, and the development of rural and urban areas.
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