IMF report: Europe at crossroads, due to energy situation and inflation

The latest report published by the International Monetary Fund, which focuses on the economic outlook, emphasizes that Europe is at a crossroads.

According to the report, a new energy supply shock is slowing growth and raising inflation. The outlook for the euro area has worsened, with growth forecast at just 1.1 percent this year, and risks tilted to the downside.

Europe is being hit by a new energy supply shock linked to the war in the Middle East, damaging growth, driving up inflation and increasing insecurity across the region.

Early signs point to weaker investment and consumption, and the outlook has worsened, with eurozone growth forecast at 1.1 percent in 2026 amid high risks.

According to the IMF, policymakers face great pressure to act quickly and visibly, but past crises show that broad and unintended measures often bring short-term relief at high fiscal costs./ CNA 

09:04 ECONOMY

INSTAT: Trade with EU countries accounts for 55.2% of imports and exports

The Institute of Statistics has shared the data collected ...

08:03 ECONOMY

Foreign exchange rate, April 20, 2026/ Euro and dollar increase

This Monday, one US dollar is bought for 80.8 lek and sold...

07:11 ECONOMY

Everyone is renting out their house, official income reached around 400 million euros in 2025

Property rental is a growing market in our country, as man...

07:11 ECONOMY

German potatoes "invade" the Albanian market, prices drop by 22%

Albanians are consuming high-quality potatoes at low price...

07:02 ECONOMY

Insurance market profit grew by 38% last year

Insurance market profits returned to growth last year and ...

21:24 ECONOMY

Forecast for Europe/Here are which countries will be the richest by 2030

Gross domestic product per capita is one of the most widel...

16:31 ECONOMY

Goods for March 2026/ Exports reached 32.7 billion lek, imports 80.3 billion lek

In March 2026, exports of goods reached 32.7 billion lek, ...

08:24 ECONOMY

Foreigners "invade" the coast/ Apartments reach 6 thousand euros/m², villas up to 3 million euros

This year, apartment prices have continued to rise in coas...

08:20 ECONOMY

Exchange rate, April 19, 2026

This Sunday, one US dollar is bought for 80.7 lek and sold...

08:14 ECONOMY

Exchange rate, April 18, 2026

This Saturday, one US dollar is bought for 80.7 lek and so...

08:01 ECONOMY

Foreign exchange rate, April 17, 2026

This Friday, one US dollar is bought for 80.7 lek and sold...

17:37 ECONOMY

"Uncertainty from developments in the Middle East"/ Governor Sejko meets the new IMF Country Director for Albania

The Governor of the Bank of Albania, Gent Sejko, held a me...

08:28 ECONOMY

IMF lowers country's economic growth forecast for 2026 and 2027/ Expects price increases

The International Monetary Fund, in its latest Global Econ...

07:16 ECONOMY

Albanians paid 11 million euros more in March just from the increase in oil prices, but consumption increased by 6%

In the first days of March, car users faced the first incr...

07:10 ECONOMY

Exchange rate, April 16, 2026

This Thursday, one US dollar is bought for 80.8 lek and so...

07:18 ECONOMY

Albania, "champions" in the region for price increases in the last decade, according to purchasing power

In the last 10 years, Albania has approached the EU with h...

07:14 ECONOMY

Exchange rate, April 15, 2026

This Wednesday, one US dollar is bought for 80.6 lek and s...

07:17 ECONOMY

Business profits decreased in 2024/ Sectors with the highest growth and the strongest decline

The net profit that all businesses realized in our country...

07:16 ECONOMY

Rents continue to rise/ In some areas, prices for 2026 will increase by up to 25%

Rental prices for residential apartments in Tirana continu...

07:15 ECONOMY

Exchange rate, April 14, 2026

This Tuesday, one US dollar is bought for 81.2 lek and sol...