Economy

Kosovo reverses decision on increased tariffs
Kosovo’s government has reversed its decision increasing agricultural import tariffs, Minister of Economy Kreshnik Bekteshi told a press conference Tuesday.
“Kosovo’s Parliament took into consideration Macedonia’s arguments...

Turnover in retail trade increased
According to the preliminary data of the State Statistical Office, in June 2018, in comparison with June 2017, the turnover in retail trade increased in the following groups/classes: Retail sale of food, beverages and tobacco (by 8.2% in nominal...

ERC to decide on water and gas distribution tariffs
The Energy Regulatory Commission (ERC) is to hold Tuesday two preparatory sessions.
ERC is to decide on amendments to the Rulebook for regulating tariffs for transmission, management and distribution of natural gas and regulating tariff for...

Heating price to drop as of August 1
The Energy Regulatory Commission (ERC) decided Monday to reduce the heating price in Skopje as of August 1.
ERC president Marko Bislimovski said the distribution price for Balkan Energy Group (BEG) consumers drops by 3.1 percent, Skopje-Sever...

Macedonia awaits Kosovo duty decision
It is still uncertain if and when will Kosovo withdraw the decision on increased duties of agriculture products.
The Kosovo government will hold a session over the issue on Tuesday.
“We will await for the outcome of tomorrow’s session,”...

ERC to announce heating prices
The Energy Regulatory Commission (ERC) is to announce Monday heating prices.
Additionally, ERC is to hold three preparatory sessions.
ERC decided to reduce the electricity price by 0,1 percent as of July 1.

NBRM: Households, companies take more loans in Q2
Households and the corporate sector have contributed to the rise of the credit activity in Q2 of 2018, says the National Bank of the Republic of Macedonia (NBRM).
The bank’s latest report shows that the credit growth by the end of Q2...

Minister Bekteshi in Kosovo over duty decision
Economy Minister Kreshnik Bekteshi is set to meet Friday in Pristina with Kosovo Minister of Trade and Industry Bajram Hasani over the increased duties for fruit and vegetable imports.
Kosovo introduced the temporary measure on July 18, imposing...

Macedonia for now isn’t introducing tariff counter-measures for Kosovo
Macedonia so far isn’t considering introducing counter-measures for Kosovo, but it expects the increased tariffs to be fully revoked based on the ongoing negotiations, says the Ministry of Agriculture, Forestry and Water Economy on Thursday.
After...

Nikolovski urges Kosovo to fully revoke tariffs on produces, Bektesi to visit Pristina on Friday
Agriculture ministers from Macedonia, Serbia and Bosnia and Herzegovina, and a representative of Montenegro, on Wednesday in Belgrade welcomed Kosovo for its decision to partly lift trade barriers, but urged it to withdraw tariffs for other...