Economic

The Union of Trade Unions of Macedonia (SSM) presented the new methodology of the trade union minimum basket, which will be the basis on which the trade unions from 2024 will advocate for an increase in workers' wages. According to the calculation of the professors and former finance ministers who...

The minimum net wage in 2024 will amount MKD 22.567, marking an increase of gross wage by MKD 3.613 and MKD 2.392 in net wage compared to the 2023 minimum wage, the Economic and Social Council (ESC) decided during its second session on Friday. “According to Article 4 of the...

SDSM raised the average wage to the historically highest level of MKD 40,000 or 650 euros, the ruling SDSM said in a press release on Monday. “Not only did we keep the election promise to the citizens for an average salary of 500 euros, but we also exceeded it to...

The heat energy invoices for the heating season 2023/2024, which will be delivered to consumers from the household category in the following period, and refer to the months of January, February, March and April, will include the heat energy price subsidy measure. The subsidies related to the months of...

VMRO-DPMNE leader Hristijan Mickoski, was on a field visit on Monday to inspect construction activities in the municipality of Gazi Baba, where he was asked to comment on the claims of the Social Democratic Union (SDSM) that the ruling party had increased the average wage. “They conditionally say so, but...

It has never been worse in the economy – GDP growth per capita in 6 years is twice as low as the countries in the region. From 2017 to 2023, GDP per capita in Macedonia grew by only 20%, while in BiH it grew by 42%, and in Serbia,...

The Open Balkan single labor market is to launch on Friday (March 1), meaning that citizens of North Macedonia, Serbia and Albania will be able to get a job in the three countries following a simple procedure. “As of March 1, the citizens of Serbia, Albania and North Macedonia can...

A family of four in N. Macedonia needed MKD 57.479 to cover the minimal consumer basket in February, which is an increase of MKD 313 compared to January, said the Federation of Trade Union (SSM) on Tuesday. Of this amount, MKD 21.219 are required for food and beverages, followed by...

The country's average monthly net wage in December 2023 was MKD 39,998, according to the latest figures released by the State Statistical Office (SSO). The average December 2023 net wage increased by 16.4 percent compared to December 2022, statistics show. This increase is caused by the increase of the average monthly...

Starting March, the minimum wage will increase to MKD 22,500, which will be some MKD 2,400 more than the current MKD 20,175. Since 2017, the minimum wage has been constantly growing and now amounts to MKD 20,175. In 6 years, the minimum wage has increased 4 times. The growth of...