The executive director of the Bulgarian state-owned company Bulgargransgaz Vladimir Malinov told BNT that although Russia had cut off natural gas supplies to Bulgaria, they would not stop the transit of Russian gas to Macedonia, Greece and Serbia. According to Malinov, Bulgaria has already started negotiations with Turkey to provide...
The announcement of the inflation rate of 10.5% on an annual basis confirmed the fears that inflation had spiraled out of control. "The slow reaction of the economic policy makers, the insufficient vigilance of this Government that it should deal with the challenge of the energy crisis and the increase...
At Friday's new negotiating meeting between the Independent Trade Union for Education, Science and Culture (SONK) and the Ministry of Education and Science, no new percentage will be offered for higher salaries in education. The topic of the negotiations will be the collective agreements for primary and secondary education,...
The Federation of Trade Unions of Macedonia (SSM) reacted sharply to the Ministry of Economy over the changing the law that will allow retail businesses to operate on Sundays. "The Ministry of Economy has already allowed employers to work on their own on Sundays in tourist and retail trade and...
Over 2.5 billion euros a year flow through informal channels - money that ends up in private pockets instead of gross domestic product. The Institute for Economic Research and Policy Finance Think measured that the green economy in 2020 will account for 23.2 percent of Gross Domestic Product. According...
This year, an unnecessary import of 30 million euros of electricity was made, which was paid by companies and municipalities as subsidized by the state, instead of them buying it on the free market where it is more expensive, said the President of the Energy Regulatory Commission Marko Bislimoskiin...
The Regulatory Commission for Energy and Water Services of the Republic of North Macedonia adopted a Decision which reduces the retail prices of oil derivatives by an average of 1.13% compared to the decision of 9.05.2022. Retail prices of EURODIESEL (DE V) and Extra Light Household Oil (EL-) are reduced...
With the help of properly set banking regulations and safeguards created in the past, the domestic banking sector has remained in good shape during these two years, when the domestic economy is facing several shocks with a negative impact. Thus, credit growth has not slowed down at all, as...
The value of the minimum consumer basket for a family of four in April this year is 38,104 denars or 620 euros and has increased by 1,337 denars, or 3.63 percent compared to March, according to data from the Federation of Trade Unions of Macedonia (SSM). Most money or 16,458...
In March 2022, the selling prices of the producers of industrial products were higher by 5.1% on monthly basis, and by 20.3% on annual basis. And the selling prices in the supply of electricity, gas, steam and air conditioning are higher by as much as 54.4 percent, announced the...