Three-quarters of employees and companies in the country are affected by the economic crisis caused by the coronavirus, according to a survey by Finance Think published in the journal Quality of Life 3: “The economic effects of the corona-crisis“. Survey data show that a high 75.9 percent of respondents said...
The inflation rate is not expected to rise, and movement in primary commodity prices until the end of the year is expected to be adjusted downward, National Bank Governor Anita Angelovska-Bezoska has said. According to her, the inflation rate in the first three months of 2020, just like in 2019,...
The National Bank of Macedonia will offer treasury bills in the amount of 8 billion denars compared to the auction conducted in March. According to the National Bank, the released funds in the amount of about 130 million euros are expected to provide further support to the Macedonian economy by...
In the same way, as every day the number of newly infected, deceased or recovered people from the coronavirus is reported, to be informed about which economic measures are available at the moment and how they are used, proposes the Economic Chamber of Macedonia. The Economic Chamber said that greater...
The Tourist Catering Chamber of Macedonia announced today that thousands of catering facilities they represent will not use the Government's measures because, as they pointed out, they were insufficient and selective and would contribute to their additional borrowing. "We here from the catering sector from all cities want to make...
Additional Deputy Minister of Finance Gordana Dimitrievska-Kocovska revealed to the public in the show "Sto ne e jasno" on Alfa TV the details of the condition of the state treasury in these conditions of a global pandemic of the dangerous coronavirus. She noted that in the election year, with the...
International Monetary Fund assistance is expected to arrive this month, Finance Minister Nina Angelovska said Friday. Financing will be also used from the World Bank, the European Union for several months dictated by the need for injections into the economy, all the while new measures will be taken. “We’ve had talks...
There are some unproductive expenses, cuts are planned in addition to the salaries of office holders being slashed and suspending compensations for members of steering and supervisory boards that have additional incomes, Finance Minister Nina Angelovska has said. According to her, nearly 250 million denars (EUR 4,056,702) will be saved...
Former Macedonian Central Bank Governor Petar Gosev says he does not see solidarity and equity in the economic measures announced by former Prime Minister Zoran Zaev, and warns that they are unlikely to pass, but could cost the ruling SDSM a lot. -I do not know if this is Zaev’s...
The European Commission has announced the immediate release of 38 million euros in aid to the Western Balkans to tackle the health crisis and the relocation of 374m euros in aid to tackle socio-economic consequences. The announcement came from EU Enlargement Commissioner Olivér Várhelyi, who said "the EU will always...