Economy
The Drin is extremely important for the Albanian economy, especially for its electricity production. Three dams are built over its cascades producing most of Albania's electricity. The artificial Lake Fierza (Albanian: Liqeni i Fierzës) created by the dam at Fierzë is the largest artificial lake in Albania with its surface of 73 km². The second largest lake is also built on this river. Lake Vau i Dejës (Liqeni i Vaut te Dejës in Albanian) has an area of 25 km². Construction of Fierza power station caused some controversy in the 1980s. Without reaching any agreement, the Albanian government ordered the reservoir to be filled with water, which in the end flooded some border areas of Kosovo, then part of Yugoslavia. The Yugoslav government protested, but no solution was agreed on. Thus, today, Lake Fierza is shared by Albania and Kosovo.
Read more about this topic: Drin (river)
Famous quotes containing the word economy:
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)