Crisis: Albania;economy growing,but 60% population suffering

18 April, 19:46

(ANSAmed) - TRIESTE, APRIL 18 - The economic crisis has affected the majority of families in Albania, with 60% of Albanians saying that they have noticed a ''significant'' effect on the progress of the economy, compared to an average of 50% in south-eastern Europe.

The figures are included in the 'Transition Report 2011', by the European Bank for Reconstruction and Development (EBRD), which presented the document on Albania in the capital Tirana today. The event was held at the House of Culture and was organised by the EBRD office in Tirana and the Central European Initiative (CEI), in collaboration with the Italian embassy.

The report states that suffering amid the economic crisis is felt despite the fact that Albania's economy is growing, and is due to rise by 1.2% in 2012, the EBRD says. Since 1992, the CEI Fund at the EBRD has supported 27 technical assistance projects, worth a total of 6 million euros, in the energy, transport, agriculture and institutional development sectors. (ANSAmed).

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