Die an Inkompetenz und Korruption gescheiterte Fährlinie: Pogradec, Struga and Oher

Für Touristische Planungen, sind die Albaner einfach unfähig. Alles Denken und Handeln dreht sich nur wieviele Verwandte man in einem Projekt unterbringen kann, bzw. wieviel Geld man erpressen kann. Interesse ist am Tourismus absolut Null, was man an Albanien und der kriminellen und korrupten Idioten Regierung sieht, wie dort der Tourismus zerstört wurde.  Ein gemeinsames Unternehmen, zwischen Albaner Clans, oder hier auch mit jemand in Montenegro, dazu sind diese primitiven Clans, noch lange nicht in der Lage.

Oher-Struga-Pogradec ferry remains a promise

Oher-Struga-Pogradec ferry remains a promise

The project that was promised 6 years ago for the ferry line that would go accross three cities, Pogradec, Struga and Oher, for evolving tourism in the area, is far from being realized.

The initiatl talks started between the mayors of the three cities, and the desire for this project was big, but it is still in a discussion phase, without brining anything positive about the economy of these cities, which are mainly based on tourism.

The agreement and the initial approval by the three mayors made the town of Pogradec build the quay for the ferry, but the Albanian and Macedonian ministries have dragged their feet with the project and the quay is unused.

The realization of the ferry line would increase the number of tourists who would be able to know all three cities, regardless the one that they had chosen to lodge.

Passing through Pogradec and two most well known Macedonian cities would create the opportunities to make it more visitable by foreign tourists and Macedonians, increasing this way the cultural exchange among the countries.


Decreasing liquidity a risk to Balkan banks – slower growth for Western Balkan countries in 2012

Decreasing liquidity a risk to Balkan banks, economies


As the EU struggles to bolster its common currency, Macedonia has put in place measures to keep its economy on track.

By Aleksandar Pavlevski for Southeast European Times in Skopje — 29/11/11


photoThe offices of ProCredit Bank in Skopje. [Aleksandar Pavlevski/SETimes]

With the financial turmoil in Greece threatening the stability of the banking sector across the region, policymakers in Macedonia say the country must take steps to contain the risk.

Greek banks play a significant role in regional markets, including in Bulgaria and Serbia as well as Macedonia.

To minimise the danger, the economy must maintain its liquidity and creditworthiness, former Deputy Economy Minister Zoran Vitanov told SETimes. A growing problem, he said, is the practice of investing in little-to-no risk projects where the payback is ensured.

„Even though their liquidity will remain unthreatened for a certain period of time,“ Vitanov explained, „only those banks which will become more proactive will remain profitable.“

Macedonian companies are undertaking precautionary measures to guard against the effects of the financial crisis. They remain cautious about obtaining credit.

„They are aware the [EU] stagnation and financial turmoil is bringing reduced demand for goods and services in the region, which translates into less work,“ Union of Chambers of Commerce Executive Director Mitko Aleksov told SETimes. „If the stagnation turns into full-blown recession or worse, they know they will have a harder time paying off interest rates.“

Given the potential risks, the 18 commercial banks in Macedonia adopted high liquidity rates to withstand potential negative effects and promote market stability, while the government follows a restrictive monetary policy.

Experts argue that even though banking liquidity is not threatened, the liquidity of the overall economy is.

ProCredit Bank officials told SETimes they expect a slowdown of Macedonia’s growth, which was 5.2% in the last quarter, given the country’s interconnection with regional and European economies.

„A slowdown would reduce the economy’s ability to service its obligations toward the banks which would put additional burden on them and negatively influence their policies to offer credit,“ they said.

„In addition to the debt crisis, the announced changes in banking regulations within the EU can additionally limit — or make more expensive — the sources for funds for Macedonian banks,“ they added.

„We see no big threat to Macedonia’s banking sector, which is stable and highly liquid,“ Eurostandard bank head Nikola Petkoski told SETimes.

„But we do expect challenges at the beginning of next year due to reduced demand from troubled EU economies and thus reduced Macedonian exports and amounts of money entering the country,“ he explained. „This can cause problems in paying off credit taken from domestic banks.“

„Still, the expected challenges will not be of such magnitude to get the banking system off balance. The guarantees for all banking activities are more than double than for the state, which additionally guarantees stability,“ Petkoski said.

Regional economists point to the European Central Bank (ECB) as the only institution able to rectify the situation.

„The role of the ECB is key,“ Vitanov said, „but the measures it undertakes must be radical, especially in Greece, Italy, Spain and Portugal. If the primary goal is salvation from the crisis, it appears the economies of whole states will be sacrificed.“

„However, if EU solidarity is the goal, then the crisis will metastasise in time and the entire EU will suffer tremendous consequences, with radical changes of its often dominant position in the world — and regional — markets,“ Vitanov added.

EU leaders have held that monetary expansion should add fire to propel the economies. They have cooled the overheating economies by issuing bonds, on the assumption this will increase the demand for the euro and maintain or increase its value.

The ECB bonds can only cushion the euro’s fall, not stop the process, economist Viktor Trifunovski told SETimes, expressing a commonly held opinion among economists.

„The euro did not become a globally-accepted currency like the US dollar. Thus, the ECB can never act the way the US Federal Reserve Bank can. Simply, there is no great demand for the euro to absorb the monetary expansion of several thousand billion euros,“ Trifunovski said.

IHS Global Insight has warned that the Greek crisis is affecting the banks‘ ability to ensure liquidity in their field offices in the region, given the weakened required reserves and the reduced level at which they can issue credit.

The warning is particularly important in Macedonia where two big Greek-owned banks — Alfa and Stopanska — operate.

„No bank in Macedonia has a liquidity problem,“ Vitanov said, „including the banks operating with Greek capital.“



World Bank foresees slower growth for Western Balkan countries in 2012


The rate of economic growth in the Western Balkans next year is expected to be lower than 2011, but will be four times higher than that of the EU, the World Bank said in a recent report.

By Svetla Dimitrova for Southeast European Times — 29/11/11


photoWB predicts lower growth of Balkan economy in 2012. [World Bank]

The Western Balkan economies are expected to grow at a slower pace next year, the World Bank (WB) said in a report this month, covering Albania, Bosnia and Herzegovina (BiH), Kosovo, Macedonia, Montenegro and Serbia.

Given their vulnerability to the effects of the eurozone crisis, the six countries, dubbed SEE6 in the paper published on November 15th, should adopt policies to foster stability and long term growth.

The Bank’s projections are that the region will grow by an average of 2.5% this year, and then slow to 2.1% in 2012, well below the 5.9% rate registered in 2008, but four times higher than the 0.5% growth the EU is expected to post next year.

„However, even these modest growth projections assume that the eurozone crisis is solved in an orderly manner,“ cautioned Ron Hood, lead economist in the Bank’s Europe and Central Asia region and lead author of the report. „Should the crisis worsen, economic growth in these countries could be much worse.“

Trade is one of the main areas that will hit SEE6 economies in the event of deeper economic and financial stress in the eurozone, according to the Bank. The financial crisis that started spreading across the globe in late 2008 resulted in a 14.7% drop in the region’s exports to the 27-nation bloc the following year.

Increased demand and higher commodity prices, especially for metals, led to strong growth in the flow of goods from the SEE6 countries to the EU and a return to pre-crisis levels by the third quarter of 2010. Last year, 58.2% of the region’s total exports were to members of the Union, with the lion’s share going to Italy and Germany, the Bank said.

The global downturn led to an even sharper fall in imports for the SEE6 nations in 2009. This, however, led to a roughly 10% of GDP improvement in both their trade balance and current account deficit in 2010, as compared to 2008. Kosovo and Montenegro had the largest current account deficits, at over 20% of GDP last year, according to the report.

A further deepening of the eurozone crisis could also lead to a decline in foreign direct investment (FDI) to the six Western Balkan countries. The EU is the largest aggregate FDI provider to the region, with net FDI inflows worth over 2% of the region’s GDP, the Bank said.

Although SEE6 workers‘ remittances have not been seriously affected by the last crisis, their level could decline, particularly in countries like Albania, whose diaspora is concentrated in Greece and Italy.



Gen. Miloje Miletić says that the military „has a plan to prevent a crisis in Kosovo

BELGRADE — Serbian Army (VS) Chief of the General Staff Lt. Gen. Miloje Miletić says that the military „has a plan to prevent a crisis in Kosovo – if it occurs“.


Lt. Gen. Miloje Miletić (FoNet, file)

Lt. Gen. Miloje Miletić (FoNet, file)

„Nothing could surprise us,“ asserted Miletić in an interview for Belgrade’s Večernje Novosti newspaper, and added that constant contacts were being maintained „with our people, and KFOR“.

The general appraised the current security situation in Serbia and the region as „relatively stable“. 

„There are still some risks, especially in Kosovo and Metohija, and also to some extent in the south of Serbia and the Raška District (Sandžak), but they are not of a nature that would require military solutions,“ he stated, and added: 

„The army has plans to prevent any crisis in all the areas it believes could potentially be sources of some instability. We have such a plan for Kosovo and Metohija as well. The VS will engage and act exclusively in line with decisions made by the state organs, and the Constitution and laws.“ 

Miletić also said that the cooperation between the army and the NATO troops in Kosovo, KFOR, was based on the military-technical agreement. 

„It is not a framework to solve the issue of Kosovo and Metohija, but it provides good conditions for political dialogue. In all talks we always insist on KFOR’s impartiality. Their representatives are always convincing us that they are acting exclusively in line with UN Security Council Resolution 1244,“ he revealed. 

The army chief also told the daily that he had no information that the remaining Serbs in Kosovo could be leaving their homes. 

„I sincerely believe that the dialogue between Belgrade and Priština, and the talks that we have with the local self-government organs in Kosovo, will lead to a solution and that we will not find ourselves in a situation to solve it militarily. Especially given the fact that it is not likely that any military solution could be long-term and stable,“ said the general. 

He noted that currently, some 6,000 KFOR troops were deployed in Kosovo. 

„This number was reduced over the past two years and fell down to just around 5,000. After the crisis broke out in the north, they brought in a German-Austrian battalion from operative reserves and currently there are some 6,000 KFOR members deployed in Kosovo and Metohija. We have been constantly pointing out that it would detrimental and with consequences for security to further cut this number. We have received assurances that the number of troops will depend on the situation,“ concluded Miletić.


No incidents in northern Kosovo overnight

Tuesday 29.11.2011 | 12:00 | Source: Beta | Comments: (0) | Send comment

JAGNJENICA — The night at the barricade near the village of Jagnjenica in northern Kosovo went peacefully after a day of clashes and high tension.

In Albanien werden fleissig Drogen produziert, als Haupt Basis der Politischen Mafia Wirtschaft und Geldwäsche.

22 Nëntor 2011 – 17:22 | Rajoni
TRANSLATE Perktheje lajmin ne gjuhe te tjera
Shkup, apartamenti i politikanit laborator droge
Shkup, apartamenti i politikanit laborator drogeSHKUP- Policia e Shkupit zbuloi një laborator ku përpunohej lënda narkotike në banesën e një politikani të njohur.Ministrja e Punëve të Brendshme, Gordana Jankullovska konfirmoi sot se gjatë një kontrolli në banesën e politikanit, emri i të cilit nuk bëhet i ditur, u zbuluan 12 kg cannabis, tre kg heroinë, 1 mijë tableta ekstaze, si dhe substanca të tjera narkotike.Sipas njoftimit të MPB-së, identiteti i politikanit nuk do të bëhet i ditur pasi ai e kishte dhënë me qira apartamentin e tij dhe nuk dihet ende nëse ishte në dijeni të ngjarjes.Ndërkohë, policia ka arrestuar tre personat që jetonin në apartamentin e politikanit, të cilët akuzohen për prodhim dhe shpërndarje të lëndëve narkotike.“Ky ishte një aksion i MPB-së, ku një periudhë të caktuar personat ishin nën mbikëqyrje, megjithatë transporti i heroinës ndodhi pikërisht mbrëmë. Për këtë shkak kemi vlerësuar se ky është moment kryesor që të ndërpritet ky grup”,- deklaroi ministrja Jankullovska.(er.nu/koha/BalkanWeb)