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In this period, there is also an increase in the interest of foreign capital for the Albanian economy and natural resources, especially for oil, bitumen, iron, copper, forests, etc. In Albania, at this time there were 50-100 million gold francs monetized. According to the data, the amount of foreign trade liabilities was equal to 64,574 gold ...
The Albanian Kingdom (Tosk Albanian: Mbretëria Shqiptare) was the official name of Albania between 1928 and 1939. Albania was declared a monarchy by the Constituent Assembly, and President Ahmet Bej Zogu was declared King Zog I .
In World War I, Albania had been an independent state, having gained independence from the Ottoman Empire on 28 November 1912, during the First Balkan War.It was recognised by the Great Powers as the Principality of Albania, after the Ottoman Empire officially renounced all its rights in May 1913. [1]
World War II in Albania; Part of the European theatre and Mediterranean and Middle East theatre of World War II: Clockwise from top left: Albanian refugees crossing the border to Yugoslavia in April 12, 1939, Ballists and Communists converse during Mukje Agreement 1943, Italian troops in Durrës, Communist Partisans fighting in Tirana 1944, Partisans march through Tirana after occupying it 28 ...
In spite of Albania's long-standing alliance with Italy, on 7 April 1939 Italian troops invaded Albania, [18] five months before the start of the Second World War. The Albanian armed resistance proved ineffective against the Italians and, after a short defense, the country was occupied.
Italian capital was allowed to dominate the Albanian economy. [30] As a result, Italian companies were allowed to hold monopolies in the exploitation of Albanian natural resources. [30] All petroleum resources in Albania went through Agip, Italy's state petroleum company. [31] Albania followed Italy into war against Britain and France on June ...
Second Balkan War: The Treaty of Bucharest ended the war and recognized an independent Albanian state ruled by a constitutional monarchy. 1914: March: William, Prince of Albania, of Wied was installed as head of the new Principality of Albania by the International Commission of Control. September: World War I: The new Albanian state collapsed ...
Albania has an embassy in Madrid, and Spain has an embassy in Tirana. The countries are both members of the North Atlantic Treaty Organization, the Organization for Security and Co-operation in Europe, and the Union for the Mediterranean. Spain does not recognize Kosovo as a sovereign state, which has led Albania to distance itself. Spain is ...