Albania's economy to keep low growth pace in 2015
(MENAFN) A market research company said that Albania's economy will remain on a low-growth path this year due to large government debt and a tepid economic outlook, Xinhua reported.
Household spending will be the main driven of gross domestic product (GDP) growth, the UK-based market intelligence service Business Monitor International was quoted by Albanian Daily News.
Tepid external demand from key eurozone trading partners, inefficiencies in key export industries and collapsing global oil prices suggests Albanian exports will struggle in 2015, according to the report.
Household spending will be the main driven of gross domestic product (GDP) growth, the UK-based market intelligence service Business Monitor International was quoted by Albanian Daily News.
Tepid external demand from key eurozone trading partners, inefficiencies in key export industries and collapsing global oil prices suggests Albanian exports will struggle in 2015, according to the report.
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