// IP Marketing video - START// IP Marketing video - END

$6.75mln stolen from Albania's central bank

$6.75mln stolen from Albania's central bank

PanARMENIAN.Net - Albania's central bank says 713 million leke (5 million euros; $6.75 million) has been stolen from its reserve storage building, according to the Associated Press.

Authorities arrested two bank employees last week.

The Bank of Albania, which is in charge of the country's price stability and manages 16 private banks, said Wednesday, July 30, that the cash was stolen over time. It did not provide further details, but insisted that the bank's operations had not been affected and it was supplying the country's banking system with the necessary liquidity.

Local media reported that one of the suspects acknowledged the theft over the last four years, saying he had spent much of the money on gambling.

 Top stories
"7.5 million liters of wine were produced in the country in 2016, which is by 14% more than the amount produced a year earlier," Karapetyan said.
"There is ample proof that Monsanto's sprays have poisoned our environment contributing drastically to dying off of bees," Tankian said.
Armenia ranks 47 on the ease of doing business index against the 38 spot last year, the World Bank Group’s annual Doing Business report said.
Mountea, an Armenian company producing tea from the mountain herbs has begun to export its products to Russia.
Partner news