Donors pledge 1.15 bn euros for Albania quake recovery

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Donors pledge 1.15 bn euros for Albania quake recovery
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“Good news for the people of Albania: We’ve surpassed our target for the reconstruction of Albania and reached a total of 1.15 billion euros, incl.”

Albanian Prime Minister Edi Rama said the sum — which exceeds the total recovery bill of 1.08 billion euros assessed by the UN — was “beyond my wildest imagination”, having begun the day hoping for pledges of only 400 million euros.

“We’ll go through the necessary pains to make sure every penny of European taxpayers… will be spent well,” he said. Before the pledge meeting, Albanian expectations had been dampened by what Rama called a “political earthquake” in October, when three EU states blocked Tirana from starting membership talks to join the bloc — the second such delay in less than six months.

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