According to Eurostat data, Macedonia ranked as third poorest country on the European continent, while Albania and BiH ranked first and second as the poorest countries in Europe with a GDP of about 31% of the EU average.
The Macedonia GDP reaches only 31 percent of the European average, making...
Eurostat data show that 51 percent of young people under the age of 30 live in community homes that are too small.
Macedonia is among the countries with the largest number of citizens living in small households.
Eurostat data show that living in very small homes is most common in the...
Macedonians usually shop online from the United Kingdom, Hungary and the United States. Macedonian web stores, on the other hand, mostly buy online with US payment cards, according to data on transactions conducted during 2019, published on the website of the National Bank.
During 2019, 3,375,597 online transactions worth EUR...
Fitch Ratings has affirmed Macedonia’s Long-Term Issuer Default Ratings (IDR) at ‘BB+’ with a Negative Outlook.
North Macedonia’s ratings are supported by favorable governance, human development, and ease of doing business indicators, and a track record of coherent macroeconomic and fiscal policy that underpins the longstanding exchange rate peg to...
The European Commission on Friday elaborated why Macedonia was left out from the EU Solidarity Fund activated as a response to the pandemic.
A Commission spokesperson explained the conditions required for countries to apply for assistance from the EU Solidarity Fund (EUSF) in detail in a response to MIA.
EUSF assistance...
According to former official and analyst Cevdet Hajredini, the sale of state-owned land in Tetovo near former SHIK Jelak is a textbook example of corruption.
“The sale of state-owned land at the former SHIK JELAK in Tetovo is a textbook example of corruption from the highest to the lowest level....
On 25.08.2021 through the Macedonian Stock Exchange was realized the block transaction for sale of the share, owned by "Makpetrol" which the company has as a share in "GA-MA AD Skopje", of the Government in accordance with the Decision of the Supervisory Board.
Makpetrol’s statement reads that the subject of...
The Ministry of Labor and Social Policy has another week to draft a legal solution that would make Sunday a non-working day. For the time being, the government department refrains from sharing details on how exactly the law would be implemented, i.e. which services will remain "on duty", because...
The Food and Veterinary Agency (FVA) has ordered ALMA M company to immediately withdraw all imported ice cream products from the Macedonian market due to the presence of ethylene oxide.
Kit Kat ice cream stick imported from France, Milka ice cream vanilla and chocolate stick and Milka ice cream chocolate...
The number of tourists who visited Macedonia in May 2020 was 838, a 99.2% decrease compared to the same month in 2019, State Statistical Office data shows.
Tourists spent 4,946 nights in North Macedonia, which is 97.6% less than in May 2019.
The number of domestic tourists in May 2020, compared...