Albania is bracing for another expensive international arbitration case, this time concerning the Vlora Airport project. The country has a history of losing such disputes, already facing hundreds of millions in euros of liabilities. Government data reveals Albania recognized €175.9 million in liabilities from 15 arbitration cases by May 2022. This new case adds to a pattern of financial strain on the state budget stemming from disagreements with foreign investors. The Vlora Airport dispute signals continued challenges for Albania in managing international investment agreements. Details of the current dispute weren’t specified, but the escalation to arbitration suggests a significant impasse between parties involved. This outcome raises concerns about future foreign investment and Albania’s legal risk profile.