Article Date : Friday, March 27, 2009

Albania Property Albania, like all countries with EU entry on the horizon there are great prospects for property investment. But Albania has had one of the most effective fiscal systems of government of all the Balkan states; enjoying solid economic growth for the last decade, and making a series of excellent fiscal and economic reforms during that time. This meant that -- unlike some Balkan states -- for Albania, the chance of becoming a member of the EU was only a boost to its economic potential. Albania's Investment in economic and fiscal reforms successfully brought a quarter of the poorest in the population out of poverty between 2002 and 2007, which then led to the World Bank upping Albania to a middle income country in 2007. This meant Albania became eligible to apply for loans from the World Bank and other sources for infrastructure development as oppose to relying on grants...

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