Sunday, December 10, 2023
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...
The low-cost airline Wizz Air said Monday it suspends all flights to and from Skopje until April 30, 2020 due to the restrictions imposed by authorities on all flights to and from North Macedonia as a result of the efforts to contain coronavirus outbreak. Passengers with bookings affected by flight...
Trade Union of Workers of the Administration, Judicial Authorities and Citizens' Associations of the Republic of Macedonia (UPOZ) has recently been concerned with recent appearances and statements by ruling party leaders on proposed measures that should pay minimum wages to employees in the administration and public sector in April...
VMRO-DPMNE leader Hristijan Mickoski reported that the government was facing a financial crisis and before the outbreak of the Covid-19 pandemic, a budget deficit of 70 million euros was made in the first two months. During that time, a new borrowing of 250 million euros was made to cover electoral...
In yesterday's show "Sleep If You Can" on Alfa TV on "Will Coronavirus Crash the Macedonian Economy", Ex-Finance Minister Kiril Minovski, who has 17 years of experience in finance, project change management and human resources, says that in times of economic uncertainty, we need to act rationally, from every...
The only relevant source of information according to which the population and companies can follow the domestic currency exchange rate is the exchange rate we publish as our central bank on our website - www.nbrm.mk. It depicts the prices of currencies from real trading on the domestic foreign exchange...
The corona virus brought with it another epidemic that brought to the surface all the false shine of power for the Macedonian economy. In just two weeks, half of the state's annual budget is missing. The crisis is big, exports from Macedonia are stopping, orders from domestic companies are...
The state and the economy are slipping out of hand. I am in constant communication with the business community, with professors, economists, businessmen. Without exception they say the situation is alarming, VMRO-DPMNE President Hristijan Mickoski said at a press conference. According to Mickoski, due to party interests, the budget expenditures...