Economic

Two minimum wages are not enough to cover the basic monthly expenses of a family of four. The latest calculations of the Federation of Trade Unions of Macedonia show that in November the amount of the minimum basket was 33,742 denars, which is 3,874 denars more than the two...

The average family of four in Macedonia needed 34,342 denars (EUR 560) to cover basic living expenses in August 2021, according to the Federation of Trade Unions of Macedonia. If there were schoolchildren in the family, however, minimal monthly costs increased by 8,000 denar (EUR 131) for each student,...

The Shtip-Radovish expressway, the first section from the bridge on the river Bregalnica to the junction at the Buchim mine will be opened for traffic at the end of the month, announced Minister of transport and communications Blagoj Bochvarski at today’s press briefing in Shtip. “This spring the first section...

Citizens' perception of the economic situation in the country and the work of the Government in terms of solving these problems is negative. Most of the respondents (about 60%) from the survey of MKD.mk conducted by the Market Vision agency assess the work of the Government and the Prime...

Prime Minister Zoran Zaev with the amendments to the Law on Tobacco, which allowed the import of tobacco, contributed to the price of domestic production dropping below the level in 2006, and because of him a kilogram of tobacco is sold at a price as high as a box...

The Ministry of Economy is carrying out analyses daily and according to this data, there’s currently no danger of a price shock. However, we’ll take the appropriate measures if the need arises, like we did last year, Economy Minister KreshnikBekteshi said on Wednesday. “We’ll notify the public as soon as...

The Government steals electricity and makes millions, and the people pay millions so that the Government has something to steal, stressed VMRO-DPMNE in a press release on Saturday. “After several purchases of expensive electricity, a new contract was signed for the supply of electricity for 10 days’ worth over 12...

It is obvious that there will be an increase in the price of electricity, last week the three companies sent requests. All companies will have to get out of their comfort zone, they will have to make extra efforts to survive this year. There is dissatisfaction among the companies,...

Credit rating agency Fitch Ratings has affirmed North Macedonia’s credit rating at BB+ with negative outlook, the Finance Ministry said in a press release on Saturday. The agency cited as reasons for rating affirmation favourable governance, human development, and ease of doing business indicators, and a track record of coherent...

The Chamber of Commerce has established a company for trade and services, which will supply the companies with electricity if other suppliers fail to provide electricity at a favorable price. This is a result of the organizational restructuring of the Chamber which aims to put the infrastructure in function...