The Republic of Albania is a Balkan country in Southeastern Europe. It borders Montenegro to the north, Kosovo to the northeast, the Republic of Macedonia to the east, and Greece to the south. It has a coast on the Adriatic Sea to the west and a coast on the Ionian Sea to the southwest. Despite its troubled history of foreign rule and internal conflict, the country has been classified as an emerging democracy since the 1990s.The relative stability of the past few years has helped Albania attract foreign banks. These have introduced such novelties as mortgages, which in turn have helped fuel the construction boom. Albania has played a relevant role in managing inter-ethnic tensions in southeastern Europe and is continuing to work toward joining NATO and the European Union.

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