Policymakers are preparing for 2026 inflation pressures, but central banks have differing opinions on solutions.
Global Finance has released the 2025 Central Banker Report Cards for Central and Eastern Europe. The Bank of Albania's governor, Gent Sejko, marked 10 years in his position earlier this year. Alongside Prime Minister Edi Rama, he deserves credit for Albania's economic success story.
Albania remains one of Europe's poorest nations, but its economic turnaround has been significant. According to the World Bank, the country's GDP per capita is now $11,389, up from $8,575 in 2023. GDP growth has been consistent, reaching 3.9% last year, driven by consumption, construction, and tourism, with a 3.2% forecast for 2025.
The country officially opened EU accession negotiations in October 2024, covering three chapters.
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Author's summary: Central banks in Central and Eastern Europe face challenges in 2026.