Authorities should tell catering employees whether they will provide help for the catering business. If not, they should seek help through other measures in a timely manner so as not to be left without income, the Catering Association of Chambers of Commerce urges today. The Association warned that caterers alone...
All banks are expected to put their profits where they will most benefit the banking sector’s stability and security so it can face the likely negative consequences of the coronacrisis, according to a press release by the National Bank. The central bank doesn’t expect that the country’s banks would lower...
If necessary, the transport of people between cities and villages will be suspended, said  Minister of Transport and Communications Goran Sugareski at Monday’s press conference. - The government has adopted a measure to reduce by 50% the number of passengers in long distance transport and travel to be at least...
The corona virus has hit health, but it has hit the economy as well. The damage to the Macedonian companies is huge, said Orce Gjorgjievski of VMRO-DPMNE in his address. Those companies where we work, where you, our close relatives, neighbors, families, lose tens and hundreds of millions of euros...
As of today, 5,300 Draexlmaier employees will be on paid vacation for the next two weeks, German company management said. The exact start of production and operation depends on the state of the coronavirus, as well as developments in the automotive industry around the world, the company said "Due to...
It's not simple, shutting down, sending the staff home, we faced this after closing down the COVID-19 pandemic, say in a joint statement 17 Holdings with over 200 stores and about 1,700 employees. They demand an emergency meeting with the Ministry of Economy and the Ministry of Finance for future...
The Ministry of Finance will provide a € 400 million Eurobond loan with a maturity of 12 months, with the International Monetary Fund (IMF) withdrawing € 87m and the World Bank € 100m for development policies, Finance Minister Nina Angelovska said on Sunday. As the Minister of Finance Nina Angelovska...
Trajko Slaveski, Professor and member of the VMRO-DPMNE Executive Committee, stressed that no citizen should be left without income as a result of the economic crisis caused by the novel coronavirus pandemic. "The state went into an economic recession, at least at this stage. Economic recession means collapse of economic...
Regulatory changes provide more favorable conditions for citizens and companies not only in terms of delay in servicing liabilities, but also in terms of other lending terms, said National Bank Governor Anita Angelovska-Bezoska. "The bundle of opportunities to temporarily ease the financial burden on borrowers who are already facing, or...
Companies and the state need money in these times of crisis, so borrowing by the government, although unpopular, is the only option at this time to help the economy, according to Hristijan Mickoski's message. "We will not write letters to borrowers about cancellation of borrowing as SDSM did when it...