The World Bank has approved a loan designed to support Albania’s efforts to reduce the impact of the global financial crisis on the local financial sector.
IMF economist Nadeem Ilahi, who led a team from the IMF visiting Tirana from April 30 to May 13, on Tuesday said the country's fiscal performance was in line with programme targets in the first quarter of 2014.
“The authorities remain committed to further fiscal consolidation in 2015 in order to begin to reduce public debt as envisaged under their economic program,” Ilahi noted.
Catherine Ashton, EU foreign policy chief, met Serbia's new Prime Minister and Foreign Minister, Aleksandar Vucic and Ivica Dacic, in Belgrade on Monday.
“I am absolutely delighted that I was able to make a special visit to Serbia today, to have the opportunity to congratulate you in person and to talk about the work that lies ahead,” she said.