Parliamentary elections were held in Albania on 22 March 1992, with a second round of voting for eleven seats on 29 March. The result was a victory for the opposition Democratic Party of Albania, which won 92 of the 140 seats. After the election Aleksandr Meksi became Prime Minister and Sali Berisha became President.
The fall of Communism in Albania, the last such event in Europe outside the USSR, started in earnest in December 1990 with student demonstrations in the capital, Tirana, although protests had begun earlier that year in other cities such as Shkodra and Kavaja. The Central Committee of the communist Party of Labour of Albania allowed political pluralism on 11 December and the largest opposition party, the Democratic Party, was founded the next day. March 1991 elections left the Party of Labour in power, but a general strike and urban opposition led to the formation of a "stability government" that included non-communists. Albania's former communists were routed in elections in March 1992 amid economic collapse and social unrest, with the Democratic Party winning most seats and its party head, Sali Berisha, becoming president.

1992Mar, 22
Fall of communism in Albania: The Democratic Party of Albania wins a decisive majority in the parliamentary election.
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Events on 1992
- 1Feb
Bhopal disaster
The Chief Judicial Magistrate of Bhopal court declares Warren Anderson, ex-CEO of Union Carbide, a fugitive under Indian law for failing to appear in the Bhopal disaster case. - 1Mar
Socialist Federal Republic of Yugoslavia
Bosnia and Herzegovina declares its independence from Socialist Federal Republic of Yugoslavia. - 2Mar
United Nations
Armenia, Azerbaijan, Kazakhstan, Kyrgyzstan, Moldova, San Marino, Tajikistan, Turkmenistan and Uzbekistan join the United Nations. - 27Apr
International Monetary Fund
The Russian Federation and 12 other former Soviet republics become members of the International Monetary Fund and the World Bank. - 23Jul
Pope Benedict XVI
A Vatican commission, led by Joseph Ratzinger, establishes that limiting certain rights of homosexual people and non-married couples is not equivalent to discrimination on grounds of race or gender.