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Economy / Albania

Crisis Will Endure

August 2010 | Risk Summary

Despite Prime Minister Sali Berisha's pledge on August 10 that his party was prepared to implement a European Parliament resolution investigating the still contested June 2009 parliamentary election, we stress than an end to the now 14-month long political crisis does not look in sight in the short term. Indeed, up until this point, both the ruling Democrat Party and opposition Socialist Party have shown little willingness to compromise, even in the face of pronounced pressure from the EU which has threatened to stall the country's membership application to the bloc.

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