Governor of Albania: Banks are under constant attacks
The governor of the Bank of Albania, Gent Sejko, said that...

The Albanian government has opened the way for the creation of the reserve force, after it has approved the draft law that regulates the operation and organization of such a force.
The Minister of Defense in Albania, Pirro Vengu, told reporters that it is intended that from January 2025, the first steps for the formation of the reservist force will be started.
Through this draft law, Vengu said that they give opportunities to military personnel who have decided to develop their careers in the private sector, to also engage in the Armed Forces of Albania, with specific missions. He said that these missions may include peacekeeping missions within the framework of engagement in NATO or in the region.
"Within NATO's obligations and standards and new security challenges, the need has arisen to consider the creation and organization of the reservist force," said Vengu.
The government will allocate 15.5 million euros next year for this force, said Vengu.
The service will include a reserve force that will consist of 25 percent of the active forces, or about 2,100 people, thus providing a significant capacity for rapid response in emergencies.
According to the provisions of the new draft law, military personnel who, at the time of entry into force of this law, have entered the reserve force, according to the criteria defined in the law on military career in the Armed Forces of the Republic of Albania, as well as civilians , who meet the criteria for accepting military service in the reserve, are recruited through the competition procedure and sign the relevant contract for the military service in the reserve with a duration of not less than 2 years. This contract can then be renewed.
"All NATO countries have a reserve force and in this way we have another instrument to make the Armed Forces more attractive and this gives them the opportunity to have a wider range of personnel available. We consider the Armed Forces either active or reserve, as national capacities", said Minister Vengu.
Earlier, the Government of Albania approved the increase in financial treatment for employees of the defense sector. The salary increase goes up to 700 euros. This decision affects 6,000 employees of the Armed Forces.
Albania will also soon revive the old military industry. The authorities have emphasized that the reactivation of the old military industry arose as a need after the geopolitical changes.
With the help of the NATO Public Procurement Agency, a report on the state of the military industry facilities in Albania has been drawn up. In the national security strategy, it is stated that the aim is to modernize the Armed Forces to respond to new security challenges.
In July of this year, the European Council approved an aid package of 13 million euros to support Albania's army./REL
The governor of the Bank of Albania, Gent Sejko, said that...
A firearm was found by the police in the "Benz" car in whi...
The European Commission assessed today during the publicat...
The progress report of the EU for the year 2024 expresses ...
The National University of Distance Education (UNED) of Sp...
The list of names that have expressed interest in the vaca...
Following the investigative and procedural actions, carrie...
The State Police has published the list of candidates who ...
The draft budget for 2025 is being discussed at the meetin...
The Elbasan Local Police Directorate announced the search ...
The Greek Foreign Ministry has reacted after the incident ...
SP MP Bujar Çela presented himself today at SPAK. His cal...
At the end of the investigative and operational actions, i...
The police of Tirana have criminally prosecuted 30 protest...
The governor of the Bank of Albania, Gent Sejko, spoke abo...
Former Deputy Prime Minister Arben Ahmetaj has bluffed...
This Wednesday we are introducing you to some of the main ...
Analyst Andi Bushati expressed reservations about Gree...
The next denunciation in the show "Stop" on TV Klan comes ...
For the period January-September 2024, 71.4 thousand new v...
CNA has launched another investigation that could lead to ...
Irfan Hysenbelliu is a businessman that we call "Irfan the...
In March 2026, CNA launched another investigation centered...
The arrested mayor of Tirana, Erion Veliaj, with 13 charge...
The Special Board of Appeal (KPA) decided this Monday ...
The KPA vetting decided this Thursday to dismiss the p...
Suela Salavaçi, a prosecutor in the Prosecutor's Offic...
The Special Board of Appeal reinstated the prosecutor ...
A road accident occurred this evening on Nikolla Zoraqi St...
Three people were shot and wounded in Elbasan last night b...
A serious incident occurred this Tuesday in the Yrshek are...
An accident occurred this Tuesday on "Dituria" street in K...
This Wednesday, our country will be under the influence of...
All of Southern Europe will face changing weather conditio...
Albania was hit by temperatures significantly higher than ...
For the first time, Pogradec welcomed the Inter-Lake Chess...
Prime Minister Andy Burnham has announced that most bus fa...
France's parliament has passed a law to ban social media f...
US Secretary of State Marco Rubio arrived in Manila on Jul...
In the space of a few days, Ukrainian President Volodymyr ...
At a time when industrial products are increasingly taking...
Trust among people is not just a three-syllable word. It c...
Master of humor Todi Llupi has passed away at the age of 7...
The ninth edition of "MIK Festival" kicked off with one of...
Businesses will no longer be required to simply register t...
Despite economic growth and income in recent years, Albani...
This Wednesday, one US dollar is bought for 81.4 lek and s...
Construction company licenses will have a validity period ...