The clothing and footwear manufacturing sector is going through a very alarming situation due to the fall of the Euro, which is not stopping even during the month of November.

According to the “Pro-Export Albania” association, representative of 840 businesses in this sector, through a letter addressed to the Ministry of Finance and Economy, they demand immediate intervention as the jobs of 75,000 employees are at risk.

According to business representatives, fashion factories are at risk of closing, while the government’s silence and lack of response to their situation are pushing them to migrate. The deep crisis of the fashion sector is evidenced by the significant drop in exports, so the government’s immediate impeachment is required.

The month of November brought a drastic drop in the euro, even decreasing more than it reached in the month of August. According to the official exchange rate of the Bank of Albania, the Euro was exchanged this weekend at 102.43 Lek, while the American Dollar dropped to 93.90 Lek.