AGP Executive Report
Last update: 5 hours agoConstruction Safety Crackdown: Albania’s territorial protection inspectors say nearly 1 in 5 construction sites fail basic safety rules, with 65 of 338 inspected sites in Tirana, Golem, Vlora and Himara fined and ordered to suspend work, and follow-up penalties ranging from 500,000 to 5 million lekë. Digital Banking Push: Jet Bank has begun operations in Albania as a fully digital, licensed lender built on Backbase’s AI-native banking platform, with staged account activation for a waiting list of 75,000+ users. Economy Mix in Q1: Albania’s economy grew 3.71% in Q1 2026, led by public services, real estate, professional activities and construction, while industry fell 2.17% on weaker mining and textile output. Protests vs Coastal Resort: Thousands in Tirana again demanded PM Edi Rama’s resignation over a Kushner-linked luxury tourism project in the Zvernec protected area, after bulldozers and barbed-wire fencing appeared. Energy Transition Angle: A regional energy policy piece highlights the need for clearer rules so households and businesses in Albania and the wider Energy Community can actively produce and trade green power.
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