Albania's plight: A people robbed of dignity while corrupt leaders prosper

Article Abstract:

The UK government is believed to have established close links with Albania during the first two years of president Sali Berisha's tenure in office in 1992-1993. These links continued even when it became increasingly clear that the Albanian regime was autocratic and corrupt. There is still an overall sense of sympathy for the Albanian regime, even though Foreign Office statements have recently been critical of clear violations of personal and political freedoms. The UK government has focused on developing opportunities for trade with Albania, ignoring the views of opposition parties.

United Kingdom, Political aspects, British foreign relations, Albanian foreign relations

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Albanian 'financiers' fail to play the game

Article Abstract:

Almost all Albanians have invested in the pyramid selling schemes which have proliferated across the country recently. These schemes are now rapidly collapsing, and most investors have failed to make a profit. These schemes have brought out a gambling streak in many Albanians, and seem to have taken one stage further the country's taste for shady financial dealings. The collapse of the schemes has caused great distress to some investors, and there have even been riots in some places.

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Albania on the brink of total collapse

Article Abstract:

The failure of a number of 'pyramid' investment schemes threatens to bring Albania to the point of total collapse. Such schemes are common in eastern Europe, but generally only operate for a few months at a time. In Albania, some have been operating for many years, and many people who cannot survive on the low state wages and pensions have come to rely heavily on them. It is believed that investment schemes were also used for the laundering of dirty money from other countries.

Economic aspects

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