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Cash alarm in Albania

Friday 10 January 1997 00:02 GMT
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An Albanian opposition party yesterday repeated accusations that firms running get-rich-quick schemes in Europe's poorest country had given financial backing to the ruling Democratic Party.

The alleged pyramid schemes, some offering 200 per cent growth in three months, have drawn millions of pounds from depositors in Albania over the past few years, taking money away from the banks and alarming world finance organisations.

Reuters - Tirana

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