EU disburses EUR 90 mln to Albania under COVID-19 MFA

EU

Albania's capital Tirana.

The European Commission announced it has disbursed EUR 90 million in macro-financial assistance (MFA) to Albania intended to mitigate the economic fallout from the COVID-19 pandemic.

This is the second and last tranche of MFA disbursed to Albania following the country's fulfillment of policy conditions agreed with the EU under the MFA program, including measures to strengthen public finance and the resilience of the financial sector, improve governance and fight corruption and enhance social protection, the commission said in a statement on Friday.

ADVERTISEMENT

PMI rises to 57 in June Analysis

PMI rises to 57 in June

Lawmakers postpone expanded data provision for tourism secto... Parliament

Lawmakers postpone expanded data provision for tourism secto...

Tihamér Tóth appointed European Court judge Appointments

Tihamér Tóth appointed European Court judge

Budapest City Council to take out HUF 32 bln development loa... City

Budapest City Council to take out HUF 32 bln development loa...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.