Albanian GDP increased 1.1%
Tirana - XINHUA
Bank of Albania (BoA) governor Ardian Fullani on Wednesday told a news briefing that Albanian Gross Domestic Production (GDP) increased by 1.1 percent in the last quarter, 2013. Imported inflation has been on decrease; public investments have increased whereas the capability to maintain sustained rates is a key factor, according to Fullani. Fullani added that fiscal consolidation is expected to run at rapid rates whereas banks continue to tighten the lending standards. Concerning the economic growth, the governor said that the economic growth is expected to be more balanced during 2014.
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Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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