Professor Branimir Jovakovic, who was also an adviser to former Finance Minister Dragi Tevdovski, believes the government is not taking the necessary measures to protect and help workers and small businesses affected by the current economic crisis caused by the coronavirus pandemic.
Jovanovic believes that the measures taken so far...
The European Bank for Reconstruction and Development (EBRD) will allocate in 2020 an EUR 250 million package to North Macedonia, to support the finance and energy sectors, as well as small and medium-sized enterprises and large companies. EBRD is set to activate the Solidarity Package, aimed at mitigating the...
Coronavirus crisis will cause changes in the labor market in Germany but also in Macedonia. By rising unemployment in Germany, emigration from North Macedonia to Germany will also decrease. For companies in North Macedonia this means that availability of workforce will increase, Patrick Martens, Chief Executive of the Delegation...
About 70 percent of citizens decided to postpone the payment of their loans, according to information from banks that submitted data to the National Bank.
Due to the economic crisis caused by the coronavirus pandemic, banks have offered their clients the opportunity to defer the payment of loans within 6...
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...
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 has only 105 million euros for the war against the coronavirus according to the relocation of funds from the national budget and with 0.2 percent of the state treasury, or only 105 million euros to fight against the coronavirus, the country is ranked last in terms of the...
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,...
It is increasingly certain that oil derivatives will become more expensive, despite the fact that the business community and citizens reacted violently to the proposal of the Chamber of Commerce to increase the excise tax by 2 denars.
Government sources are also calculating with a growth of 3 denars, the...