Albania (Albanian: Shqipëri), officially the Republic of Albania (Albanian: Republika e Shqipërisë) is a country located in South-Eastern Europe. Bounded on the north-west of Montenegro and Kosovo to the north-east and the Republic of Macedonia to the east and Greece to the south and south-east. Overlooking the country on the Adriatic Sea to the west and the Ionian Sea to the south-west. Is less than 72 kilometers (45 miles) from Italy across the Strait of Otranto which links the Adriatic and the Ionian Sea. Albania is a member of the United Nations and NATO and the Organization for Security and Cooperation in Europe and the Council of Europe and the World Trade Organization and the Organization of Islamic Conference and a founding member of the Union for the Mediterranean. Albania is a potential candidate for accession to the European Union since January 2003 and formally applied for EU membership in April 28, 2009. Albania is a parliamentary democracy and economy in transition. Home to the Albanian capital Tirana, about 607 467 people out of 2,986,952 people in the country, as it is also the financial capital of the country. Free-market reforms opened the country to foreign investment, particularly in the area of energy development and transport infrastructure. Albania was selected among the top ten countries in the list of Lonely Planet in 2011.
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