Albania expects rising public debt as economy disappoints

Albania's economy will grow more slowly than planned this year and its public debt will rise further above the country's self-imposed ceiling, according to Finance Ministry forecasts on Tuesday, Reuters reported, adding to concerns about the country's economic...

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Albania expects rising public debt as economy disappoints



bne - 06.02.2013

Albania's economy will grow more slowly than planned this year and its public debt will rise further above the country's self-imposed ceiling, according to Finance Ministry forecasts on Tuesday, Reuters reported, adding to concerns about the country's economic stability. It forecast the economy would grow 3.1 percent this year - more slowly than an earlier 4 per cent forecast - and public debt would rise to 63.8 from 62.6 percent.
Source: bne


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