Zaev has indebted Macedonia for additional 850 million euros in just two days. The country is barely surviving. Zaev issued a Eurobond of 700 million euros, for which he has to pay interest of 80 million, and on the domestic market he borrowed 70 million, a total of 850...
Finance Minister Fatmir Besimi told a press conference Thursday that the budget this year would be surely amended as the country was still facing the consequences from the crisis. Budget revenues since the start of the year are at pre-crisis level, the economy is expected to rebound and we’ll keep...
The National Bank Council decided Friday to temporarily limit the distribution and payment of dividends to bank shareholders. This decision also applies to savings banks, said the Central Bank of Macedonia. As announced by the National Bank, the decision was made due to the uncertainty of the coronacrisis. The measure...
The claims of the Government that the Macedonian economy is in a phase of restart are not true, because Macedonia is far from mass vaccination of the population, which is one of the basic preconditions for safe work of workers, said Professor and VMRO-DPMNE Executive Committee member Trajko Slaveski...
Macedonia is currently a country that is slowly depleting and it is no coincidence that the Government has indicated that this is the last package of measures to support wages in the amount of the minimum wage, said Trajko Slaveski, member of the Executive Committee of VMRO-DPMNE in an...
Standard & Poor’s has affirmed North Macedonia’s credit rating at BB- with a stable outlook, the Ministry of Finance said in a press release Saturday. The global ratings agency expects the Macedonian economy this year to get back on the track of economic growth and to overcome the blow...
The government does not issue work guidelines. A professional commission of experts in pandemics is in charge of that, and we only abide by their suggestions, Economy Minister Kreshnik Bekteshi said in response to a reporter asking how the government would handle Friday’s protesters’ demands for new protocols for...
An agreement on state aid between the Directorate for Technological Industrial Development Zones and the Turkish company Purplast, investing in TIDZ Skopje, has been signed Thursday. Deputy PM for Economic Affairs Fatmir Bytyqi, Free Zones Authority director Jovan Despotovski, and Purplast CEO Mehmet Şişmanoğlu addressed agreement signing event. Turkey’s Purplast plans...
The fifth set of economic measures, aiming to support citizens and the economy in managing the effects of the COVID-19 pandemic, will stand at around EUR 150 million. If stakeholders reach a consensus, the package should be finalized by the end of the week, Deputy Prime Minister for Economic...
The Public Revenue Office published the new list of debtors for debts due by 30.09.2020 and unpaid by 31.12.2020 on the basis of VAT, profit tax, personal income tax and other duties for which the total amount of debt is higher than 120.000 denars for natural persons and independent...