North Macedonia has increased exports to Kosovo a year after Pristina decided to impose 100 per cent customs duties on products from Serbia and Bosnia and Herzegovina. The Ministry of Economy data show that for the five months since November last year, when Kosovo imposed the 100% tariff on Serbian products, North Macedonia exported EUR …
Prime Minister Zoran Zaev will travel to Thessaloniki tomorrow to attend this year’s Summit, and will be part of the discussion “Southeast Europe: Regional Cooperation Initiatives and Reforms”. On the sidelines of the Summit, he will meet with his Greek counterpart Kyriakos Mitsotakis. Zaev says he expects enhanced economic co-operation with Greece. “I want to …
Zaev expects enhanced economic cooperation with Greece Read More »
Progressive tax is not scrapped, but put on hold. Efforts in the coming period will be focused on designing an optimal solution, a fair, efficient and comprehensive one, North Macedonia’s Finance Minister Nina Angelovska told the public broadcasting service. The minister of finance added that the government’s decision on progressive taxation demonstrates sobriety and decision-making …
University Professor Nikola Popovski, former senior SDSM official, views the government’s move to “freeze” progressive taxation as wrong. He says such measures are only taken by far-right governments, although the headquarters on Ilinden Street, according to him, was under pressure in this case from just a small group of people burdened with taxation. Popovski says …
Popovski on “freezing” fair tax: Such measures are taken only by far-right governments Read More »
This year, as never before, a total of EUR 55 million have been allocated to support economy, which is 37 percent more than the projected EUR 40.7 million in 2018, and results are concrete and visible, Deputy PM for Economic Affairs Kocho Angjushev told a joint press conference with Economy Minister Kreshnik Bekteshi. Figures show …
German Ambassador to Skopje Thomas Gerberich in regard to European Council’s decision not to open EU accession negotiations with North Macedonia, said that the country is part of Europe and deserves nothing less than full EU membership. “. Please continue with these reforms and convince anyone who may have any doubts about your path to …
Gerberich: Germany will continue to provide support as previously Read More »
Nikola Popovski This year, which was announced to primarily be the year of economy, unfortunately, will probably be only remembered as the year of racketeering. Even if some average economic results are achieved, they will remain overshadowed by the apparent debacle of the country’s institutions. After nearly two thirds of this year have passed, economic …
In 2019, the Bulgarian government has allocated more than a million leva (about 500 000 euro) for 11 development aid projects across the Republic of North Macedonia, Foreign Minister Ekaterina Zaharieva said. Zaharieva was speaking in Strumica at the opening of a multifunctional social centre in the municipality, financed with 270 000 leva from the …
Bulgaria gives North Macedonia a million leva in development aid in 2019 Read More »
Nikola Popovski The Government reshuffle that was long announced, which turned into a key, and perhaps even the only argument for Stevo Pendarovski’s victory in the second round of presidential elections, was intended to answer many of the issues for which the current government did not even come close to delivering adequate responses, turned into …
The possibility of assuming the role of strategic investor in the construction of the Belene nuclear power plant appears to be in the works in North Macedonia, following the invitation of Bulgaria, which was published in the Official Journal of the EU, to attract a strategic investor to this project. According to the information that …
Will North Macedonia be a strategic investor in Belene? Read More »
Businesses in North Macedonia have put forward a series of demands to the government with the aim of improving business climate in the country. Measures against informal economy, creating sustainable conditions for doing business and speeding up the digitalization process are just part of the 78 measures that the Union of Chambers of Commerce has …
Businesses in North Macedonia demand more concessions by government Read More »
North Macedonia’s Finance Minister Dragan Tevdovski, commenting on the likely change of officials announced for the central and local government, said he was satisfied with the reforms implemented within the Ministry and its bodies, which, he added, were fully committed to reforms. “The Ministry of Finance is fully committed to reforms, and digitalization of processes …
Tevdovski: The Ministry of Finance is fully committed to reforms Read More »
Companies and businesses in North Macedonia say that they are hoping for the presidential elections to be successful, otherwise, any other alternative that could generate a crisis, may be bad for the country’s economy. “It’s hard for companies to realize their investments if there’s a new political crisis. If minimum turnout in the second round …
Companies in North Macedonia interested to see successful presidential elections Read More »
NIKOLA POPOVSKI Each spring the financial elite from around the world traditionally gathers in Washington within the spring meetings of the World Bank and the IMF. Finance Ministers and central bank governors with their aides, bankers and investors, professors and scientists… various worldly people with their various financial, economic, political and other interests. They, together …
The first tranche of affordable loans, estimated at €15 million, for small and medium-sized enterprises (SMEs) will be transferred next week through the European Investment Bank (EIB), it was announced at a meeting of Finance Minister Dragan Tevdosvki with EIB Vice President Andrew McDowell. “It is part of the complete credit line for small and …
Tevdovski: 15 million euros in EIB loan for SMEs to be transferred next week Read More »
According to the latest IMF World Economic Outlook report, North Macedonia’s economy this year will grow by 3%. According to the report,North Macedonia’s economic growth will further accelerate to 3.1% in 2020 and 3.5% in 2024. The country’s gross domestic product (GDP) expanded by an estimated 2.7% in 2018, the IMF said. North Macedonia’s annual …
Prime Ministers of North Macedonia and Greece Zoran Zaev and Alexis Tsipras and two countries’ ministers signed Tuesday in Skopje several agreements to boost bilateral cooperation. Prime Ministers Zaev and Tsipras, during joint session of the High-Level Cooperation Council between the two countries, signed an action plan to strengthen overall cooperation in accordance with the …
Zaev and Tsipras sign several agreements to boost cooperation Read More »
Government in Skopje says that foreign investments are flowing in as the country is getting ready to become a NATO member. According to the country’s PM, Zoran Zaev, six companies have announced that they will come to invest in the country since the Greek Parliament ratified the NATO Accession Protocol for North Macedonia. “We will …
North Macedonia’s Government says foreign investments flowing in Read More »
North Macedonia’s accession in the NATO has made the business sector more optimistic. The government is expecting foreign investments to grow, more jobs to be created and more positive trends for the business sector. However, the opposition has accused the government of making the country poorer, claiming that foreign investors are leaving. However, the business …
NATO’s accession makes the business sector optimistic Read More »
