The Albanian Chess Federation is organizing the International Chess Tournament Durres 2013 that will be played from 4 to 11 May 2013.
It will be a 9-round Swiss System open in the Conference hall of Bleart Hotel in Durres, Albania.
The prize fund is € 8,650 and it will be divided into 15 regular and 10 special prizes: 1st place – € 1,50o; 2nd place – € 1,20o; 3rd place – € 80o, etc.
The prizes are divided according to the Hort system of progressive distribution and may not be accumulated.
The rate of play will be 90 minutes for 40 moves + 30 minutes for the rest of the game with the increment of 30 seconds per move starting from move one.
Chess Daily News from Susan Polgar
Kudos to them for doing this.