Economic

German company Epsotech announced its investment in the amount of 20 million euros, which will open a production plant near Skopje and 110 new jobs, primarily highly professional staff. In these industrial facilities of the German company, which is in partnership with the Belgian Aim, elements from the automotive, railway...

There is no room for reducing the expenditure side in the 2024 Budget, therefore with the rebalancing we will reallocate funds from items that are not realized or that will be shown to be non-productive. The initial analyzes show that on the expenditure side, around 200 to 300 million...

The question is how to pay for what has been planned in the Budget. We are trying to be creative and ensure the citizens don’t feel it. There will be funds for increased pensions, and we will talk with the unions to see if it is possible to increase...

Some of the private buses in the Skopje public city transport are looking for financing so that they can continue to serve the citizens with their vehicles. Until Friday, as a warning, they will drive only until 10 am, and then they will decide what to do next. As the...

Macedonian Finance Minister Gordana Dimitrieska-Kochoska held a working meeting on Tuesday with the newly appointed directors of the Public Revenue Office (PRO) Elena Petrova and the Customs Administration Boban Nikolovski. “This is the first meeting we are holding with the heads of the PRO and the Customs as key institutions...

The Macedonian National Bank presented on Friday the latest data related to the net external debt, which amounts to EUR 4.35 billion or 29.9 percent of the projected GDP in the first quarter (Q1) of 2024. At the end of the 2024 Q1, on 31.03.2024, the net external debt amounts...

The Regulatory Commission for Energy, Water Services and Municipal Waste Management Services (ERC) informs that the universal supplier EVN Home properly applied the tariff system when drawing up a decision on new prices, distributing the costs by blocks in such a way that the price of electricity by 88%...

The review of the 2024 Budget is being prepared in the Ministry of Finance. Money will be provided for salaries and pensions, for everything that is undertaken as an obligation according to law, and non-priority and non-productive spending will be cut. The challenge is great, about 90% of the...

At the regular session, the National Bank Council reviewed and adopted the Report on the risks in the banking sector for the first quarter of 2024. It is assessed that the banking sector has maintained its stability and reliability in operations, with improved solvency, maintained liquidity and good quality...

Prime Minister Hristijan Mickoski informed Monday that the first government session will be held at the end of the week. Several decisions will be made and announcements will be made that work will begin on the new legal solution for a linear increase in pensions. The first session of the...