Deeuroisation in Albania harms exports, tourism, and population living in remittances

Periskopi

28 April 2018, 07:39(8 years ago)

The Bank of Albania's nationwide goal of deeuroisation and promotion of national currency use (lecu) has caused negative effects on this country's economy, especially in the export, tourism industry and the vulnerable layer of population living with remittances in Albania, Koha Ditore writes today. The negative effects of the deeuroization process [...]

The negative effects of the deeuroisation process have alerted the Albanian Export Centre and Albanian Food Industry.

In a letter sent to the governor of the Bank of Albania, Gent Sejko, Finance Minister Arben Ahmetaj, and to Prime Minister Edi Rama's knowledge, the associations note that the negative effect on Albania's economy amounts to 14 billion dollars -- close to 108m euros.

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