President of the Association of Chambers of Commerce of Macedonia Danela Arsovska informed that in cooperation with the Secretary General of the International Chamber of Commerce, John Denton, they jointly started the project for global research with the World Health Organization (WHO) on the challenges the private sector is...
Macedonia and the European Investment Bank (EIB) signed on Monday an agreement worth another EUR 100 million as support for small and medium-sized enterprises (SMEs).
The agreement with the EIB was signed by Finance Minister FatmirBesimi, LilyanaPavlova, EIB Vice-President responsible for the Western Balkans, KireNaumov, CEO of the Development Bank...
The country marks 30 years of monetary independence in 2022. 30 years ago, on April 26, the foundations of monetary independence were laid: the denar was introduced as Macedonia’s currency, which replaced the then Yugoslav dinar, and the National Bank began to function as an independent central bank. This...
VMRO-DPMNE leader Hristijan Mickoski predicts a hike up to 30 to 40 percent of the electricity price in the country, and believes that the authorities’s claims that the price of electricity will not increase by more than 10 percent was ‘far from the truth’.
As a last resort, as Mickoski...
There will be no electricity restrictions despite the energy crisis in which the country is, claims the head of state power plants VaskoKovachevski for 24Vesti. However, he admits that TPP Negotino and REK Bitola are still not working at full capacity, and that it will not happen until January,...
Currently there is no greater issue for the Macedonian economy than the electricity price. The Government must find balanced solutions which will ensure the survival of the business sector. If that doesn’t happen, many businesses will close and jobs will be lost. If people are left without salary, they...
Macedonia is coping with its deepest recession in two decades affecting all sectors of the economy and economic activity is forecast to decline by 4.1 percent in 2020, according to the World Bank’s latest Regular Economic Report (RER).
The COVID-19 pandemic is hitting North Macedonia hard, with lockdowns, disrupted supply...
It is illogical and unethical for a director in a state-owned company to be returned to the same position after being dismissed, said the Deputy Prime Minister for Economic Affairs, Fatmir Bytyqi.
“Most management contracts in joint stock companies have been revised with a reduction in privileges. A person is...
In just one year, every family of four in Macedonia has a new debt of 77,500 denars, said VMRO-DPMNE leader Hristijan Mickoski.
How we ended the economic year 2021:
⁃ Budget revenues around € 3.55 billion
⁃ Budget expenditures around € 4.18 billion
The difference between budget expenditures and revenues is around €...