This report covers the key macroeconomic and financial releases as well as the political events from Albania for the period of February 11, 2016 – March 10, 2016. Albanian PM replaces finance minister Cani IMF approves new tranche of €72.4mn for Albania under EFF IMF mission to visit Albania on March 9-22 EBRD president urges investors to consider Western Balkans Bankers Petroleum drops arbitration against Albania TransAtlantic Petroleum completes sale of Albanian oil assets to GBC Oil Company Albania told to drop extradition proceedings against Leyton Orient owner EU official urges for judicial reforms in Albania as way for opening EU negotiations Albania warns migrants wait to enter country across border with Greece Key points: • CPI inflation slows to 0.2% in Feb, PPI prices down 2.3% y/y in Q4 • NPL ratio falls to 17.7% at end-2015 • Albania's commercial bank loan portfolio down 2.7% y/y at end-January • Albania’s trade gap widens 5% y/y in January • Albania’s public debt up 6.6% y/y in 2015 • Albanian govt budget surplus jumps in January, revenues 0.4% above plan • Tirana house price index down 4.8% y/y in Q4 • Albania’s population down 0.2% y/y to 2.886mn in 2015