Friday, 14 August 2020 | News today: 0

Tag Archives: economy

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Minimum wage covers barely a third of the cost of living

The SSM association of unions of Macedonia published its latest estimate on the minimum monthly consumer costs for a family in November and puts them at 32.545 denars (a little over 500 EUR), which is above the average net wage of 24.355 denars. According...
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Mickoski and top VMRO-DPMNE officials meet with the Macedonian Chambers of Commerce

VMRO-DPMNE leader Hristijan Mickoski and top party officials Vlado Misajlovski and Trajko Slaveski met with the Macedonian Chambers of Commerce, one of the two main business associations in the country, to discuss the economic program which...
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Macedonia enters 2019 with growing debt, opposition asks where is the money going to?

With the latest emission of state debt scheduled for Tuesday, worth 21.1 million EUR, Macedonia is on track to continue its stretch of adding significant levels of new debt into 2019. In 2019, projections are that the public debt will grow...
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Economy rises by two percent in Q1

The growth rate of the Gross Domestic Product (GDP) in the first quarter (Q1) of 2016 was two percent, the State Statistical Office said on Friday. In this quarter, the biggest increase was recorded in sections: K – Financial and insurance...
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Gruevski says the economy suffered, but is able to withstand the SDSM induced crisis

VMRO-DPMNE leader Nikola Gruevski says that the political crisis has had some effect on economic growth, but adds that the economy, with him as Prime Minister and earlier, as Finance Minister, has weathered much worse situations than “the...
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Trpevski: Political crisis must be resolved, otherwise the economy will suffer

Third bank panic is happening to Macedonia, said former governor Ljube Trpevski for TV Nova on Thursday. “The first was in 1999 during the NATO bombing of former Yugoslavia, when there was a large influx of refugees from Kosovo. The...
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EU: Solid GDP growth, drop in unemployment in Macedonia

The European Commission’s Winter 2016 Economic Forecast, presented Thursday by Commissioner for Economic and Financial Affairs, Taxation and Customs, Pierre Moscovici, says Macedonian economy will post a solid GDP growth of 3.3 percent,...
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IMF sees Macedonia’s economy growing reasonably wel

­ During the presentation of its fall economic forecast, International Monetary Fund representative Victor Krzyzanowski said that the Macedonian economy is growing reasonably well. MIA correspondent in Brussels reports that the IMF forecast...
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EC progress report sees Macedonia as well prepared on way to functional market economy

With regard to the Macedonian economic criteria, the European Commission progress report published on Tuesday notes that it “is at a good level of preparation in developing a functioning market economy”. “The country benefits...
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EBRD: Macedonia’s economy continues to grow

Macedonia’s economy continues to grow at a robust rate in 2015 with growth expected to be 3.5 per cent in 2015 and 2016, according to the European Bank for Reconstruction and Development (EBRD), which released its Regional Economic Prospects...