Country to borrow 15 million, citizens to return 33 million euros

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The Government of SDSM puts a new burden and a huge debt on the backs of the Macedonian citizens. The state will borrow 15 million euros, and an incredible 33 million euros should be returned from the citizens’ pockets for that amount.

At the auction of government bonds, the offer in denars is 940,620,000 or in euros over 15 million. The due date is April 30, 2050, ie 30 years from today. The coupon interest rate, as stated, is 4%.

This means that the annual interest rate will be 600,000 euros, and it should be paid for 30 years.

During these 30 years, Macedonia will pay a total interest of 18 million euros.

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