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Forum2024-08-17 17:03:00

Who benefits from the devaluation of the euro?

Shkruar nga Jorida Tabaku

Who benefits from the devaluation of the euro?

A stronger local currency does not bode well for the middle class or the day-to-day worker.

A stronger lek currency does not come as a result of an economy that is growing in its sectors. According to all economic indicators reported by INSTAT, the economy is growing only from construction. Who sponsors the construction? Salaries of Albanians?!

A strong local currency does not mean a richer Albanian, but an Albanian more dependent on imports. A stronger local currency means higher import costs, which increase even more when the Competition Authority does not do its job because monopolies rule the market.

A stronger local currency does not bode well for the middle class or the day-to-day worker. EUROSTAT figures comparing the purchasing power of Albanians in relation to the region show that we are poorer and have the highest prices.

A stronger local currency is not more income for the farmer; left in oblivion without a real reform, with primitive means in service, with a lack of subsidies, mistreated fiscally and with a monopolized market, it cannot send the product of our land to the table of our families or tourists.

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