We forecast a GDP contraction of 3.9 percent in North Macedonia when the pandemic took off in spring, but now we are correcting this number to -4.9 percent. The economy cannot recover by the end of the year and the key problem is a global one – the prolonged...
Instead of 3,000 denars, some citizens received only 322 denars, while pensioners who do not even qualify, received huge sums of money in their accounts. Some complain that they are not on the list on the website kupuvamdomasno.gov.mk, which has not worked for most of the time. An avalanche of...
Employers and workers should not be each other’s’ enemies, they should respect each other, build compromises in the interest of everyone, said the employers after today's meeting of the Economic and Social Council. Trade unions, meanwhile, say they will continue to fight for workers' rights, though their statements and...
Credit Suisse ranked European countries in the tenth edition of their Global Wealth Report for 2019, making it a list of countries with the "amount of wealth" per adult. Our country with $ 25,723 per capita is in the second half of the list, and according to this report, Switzerland...
International Monetary Fund assistance is expected to arrive this month, Finance Minister Nina Angelovska said Friday. Financing will be also used from the World Bank, the European Union for several months dictated by the need for injections into the economy, all the while new measures will be taken. “We’ve had talks...
The trend of global recession in the automotive industry will be felt by the companies in the country that work in this field as suppliers. According to how much the car sales have been reduced, the estimates are that the workload will decrease and thus the export volume by about...
"The first auction of treasury bills for 2020 in the amount of 500 million denars with a maturity of 12 months held today at the Ministry of Finance is a new increase in public debt," Deputy Finance Minister Gordana Dimitrieska Kocoska said at a press conference today. According to her,...
President of the Association of Chambers of Commerce, Daniela Arsovska, in her guest appearance on the show "Sto ne e jasno" said that 99 percent of companies were directly and quite affected by the economic crisis in Macedonia as a result of the coronavirus pandemic. She pointed out that...
The union of workers from the administration, judicial bodies and citizens' associations (UPOZ) today reacted to the position of Minister of Finance Nina Angelovska for cutting the salaries in the public administration. For the Union, such a proposal is unfounded, unacceptable and inappropriate. This, according to the Trade Union, will...
Zoran Vitanov, former Minister of Economy, in a TV debate with current Minister of Economy Kreshnik Bekteshi, pointed out that the economy does not know any affiliation, but knows competencies, and that DUI has been creating affiliation policies for 19 years, and Macedonia is still at the bottom in...