Economic

The price of bread in relation to flour will not change at all, unless energy or electricity prices increase drastically like last year, claims the Milling-Bakery Industry. But in such a case, they expect the Government to react promptly and regulate the prices of energy or electricity at an...

A total of 8.8 million euros will be the financial support of the last IPARD II call that will be announced today. The deadline for submitting applications is September 18 this year, and investments must be made by May 31 of next year. The request for payment should be...

The list compiled by the German economic website DerWesten is based on GDP per capita, which in N. Macedonia is USD 6,608. North Macedonia, with a GDP per capita of $6,608.08, is in fifth place on the list of the poorest markets in Europe, the Kosovo Online reported. In the...

The average monthly net salary paid per employee in May 2023 was MKD 36,465 and it is higher by 16.1 percent compared to the same month last year. The increase adds up to MKD 5,058. According to the State Statistics Office (SSO), this increase is primarily due to the increase...

Jack Ma, the Chinese billionaire and founder of the AliBaba Group last weekend, in addition to visiting Belgrade and Sarajevo, also visited Skopje. The man who created a business empire from scratch and was rejected several times to enroll in college was in the Balkans at the weekend, and...

SDS and DUI with an increase in VAT for pellets from 5% to 18% and with the so-called solidarity tax, they hit the people’s pockets, so that there is money for Grubi and Kovachevski's tenders, VMRO-DPMNE said in a press release on Thursday. “They submitted 3 laws with the so-called...

The Government continues to destroy the economy by introducing new taxes and increasing the existing ones. Macedonia has the lowest economic growth in the region, with one of the highest inflation rates in Europe, with low foreign direct investments, with a disturbed standard of living and a mass flight...

Over 1.3 billion euros is the potential compensation that the state will pay if it loses disputes in international arbitration. The Deputy Prime Minister for Economic Affairs Fatmir Bytyqi informs that it is only about the base, without interest, which makes this amount rise above 1.5 billion euros. Bytyqi recently...

The Public Revenue Office (PRO) release the latest list of debtors no. 07/2023 for debts due by 31.03.2023 and unpaid by 30.06.2023 based on VAT, profit tax, personal income tax, contributions from mandatory social security, excise taxes and customs duties, for which the total amount of the debt is...

The average family of four in N. Macedonia needed 48,543 Macedonian denars (MKD) to cover minimal living expenses in June 2023, according to the Federation of Trade Unions of N. Macedonia. According to the Unions, although a slight drop was observed in the value of the consumer basket in June,...