Category: Economy
Economy 25.11.24 | 22:41

Mickoski: the Hungarian loan will help us prevent spill-over from the automotive crisis in Europe

Prime Minister Hristijan Mickoski said today that he expects the final details of the agreement with the commercial banks for distribution of 250 million EUR to businesses from the Hungarian loan to be made in the coming days. We will support companies who make capital investments, invest in renewable...

Economy 24.11.24 | 20:03

Mickoski: We have an agreement that will unlock 300 million EUR in investments

Prime Minister Hristijan Mickoski announced today that he reached an agreement with the commercial banks for distribution of the Hungarian loan worth that will go directly to businesses. We will have an investment wave worth 300 million EUR. This is a historic agreement, with the lowest interest rate...

Economy 23.11.24 | 21:25

Mickoski: We have new positions in the talks with the banks over the Hungarian loan

Prime Minister Hristijan Mickoski said that there are new positions reached after the meeting with commercial banks today, over the distribution of 250 million EUR from the Hungarian loan that are planned for businesses. We are still negotiating, I can’t tell you what is the interest rate that...

Economy 22.11.24 | 22:46

Mickoski and Vucic discuss the Budapest – Athens fast railroad line

Prime Minister Hristijan Mickoski met with Serbian President Aleksandar Vucic in Belgrade today, during the annual Open Balkan wine fair. During the meeting, the two leaders agreed that the key upcoming project for the two countries should be construction of the fast railroad line that will link central...

Economy 19.11.24 | 19:50

Subsidies program for young home buyers will resume in 2025

Deputy Prime Minister Aleksandar Nikoloski announced resumption of the popular program for subsidizing young families who buy homes. The program, introduced in the previous VMRO-DPMNE led administration, will resume in 2025. In less than two months we will begin to develop the program, that will help...

Economy 18.11.24 | 00:45

Mickoski: agreement with banks on the Hungarian loan expected by end of next week

Following a meeting with the key commercial banks in Macedonia, Prime Minister Hristijan Mickoski said that a full agreement on the distribution of 250 million EUR from the Hungarian loan will be reached by the end of next week. The loan is supposed to be distributed to businesses in Macedonia, but the...

Economy 16.11.24 | 22:43

Two new investments will bring 500 jobs

Two new investments worth a total of 50 million EUR will open by the end of the year, with 500 new jobs, said Prime Minister Hristijan Mickoski. The investments are coming in the construction and automotive sectors, Mickoski said during an event in Skopje. The Prime Minister was asked by the press about...

Economy 16.11.24 | 00:20

Mickoski expects a deal with the commercial banks, welcomes Azeri gas agreement

Prime Minister Hristijan Mickoski said that he expects the distribution of the 250 million EUR lent from Hungary to go ahead in good order. Mickoski is due to meet representatives of the commercial banks on Sunday, after their demands to charge significant interest on the loans they would extend to businesses,...

Economy 13.11.24 | 22:08

Chamber of Commerce President Azeski is optimistic about the Hungarian loan

Macedonian Chamber of Commerce head Branko Azeski said that he is optimistic ahead of the meeting this Sunday between the Government and the key commercial banks in the country. The issue to be discussed is how best to distribute the 250 million EUR borrowed from Hungary that are meant for the Macedonian...

Economy 11.11.24 | 23:37

One bank agreed to subsidize the Hungarian loan lines

Finance Minister Gordana Dimitrieska – Kocoska said that one commercial bank agreed to subsidize a portion of the interest that businesses will have to pay on the Hungarian loan lines. The Government borrowed 500 million EUR from Hungary, half of which will go to support businesses who will co-fund...

Economy 07.11.24 | 21:45

Nikoloski: We will put an end to the blackmails of the real-estate developers

Deputy Prime Minister Aleksandar Nikoloski attended the groundbreaking ceremony for the construction of new homes for low income families in Bitola, and said that the Government will put an end to the “blackmails from the developers”. Real-estate prices in Macedonia went sky-high in the past...

Economy 06.11.24 | 20:57

Government is in talks with the commercial banks about how to distribute the Hungarian business loans

Prime Minister Hristijan Mickoski said that he is still in talks with the commercial banks in the country over the distribution of the 250 million EUR that Hungary is lending Macedonia for business support. The Government was considering distributing the funds through the state owned Bank for Reconstruction...

Economy 05.11.24 | 16:44

Catering price index continues to rise

According to the State Statistical Office data, the catering price index in October 2024, in comparison with September 2024, increased by 1.1%. The catering price index in October 2024, in comparison with the same month of the previous year, increased by 6.1%. The cumulative catering price index for...

Economy 04.11.24 | 14:05

Fuel prices to drop after midnight

As of Midnight, the retail prices of EUROSUPER BS-95 and EUROSUPER BS-98 gasoline will drop by 1.50 den/liter, and therefore, the retail price of EUROSUPER BS-95 will stand at 75.50 den/liter, while the retail price of EUROSUPER BS-98 will be 77.50 den/liter. The retail price of EURODIESEL (D-E V) will...

Economy 29.10.24 | 19:17

No increase in salaries of public officials, pledges Prime Minister Mickoski

Prime Minister Hristijan Mickoski pledged not to allow any increase in salaries of public officials. Starting next year there will be no increases in the salaries, Mickoski said during the Bloomberg Adria conference in Skopje, adding that this will be ensured by changing the way salaries of officials...

Economy 26.10.24 | 11:34

Finance Minister Dimitrieska sees 3.7 growth rates in the coming years

Finance Minister Gordana Dimitrieska – Kocoska says that growth projection for 2024 will remain at the reduced level of 2.1 percent, but that Macedonia will grow at a faster rate in 2025 and in the subsequent years, of up to 3.7 percent. This estimate is based on the efficiency of the work of our...

Economy 25.10.24 | 22:22

Nikoloski brings good news: Six new flights will be launched in 2025, connecting Skopje with Dubai, Barcelona, ​​Ohrid with Istanbul

Next year, six new flights will be launched to the country’s two international airports, Skopje and Ohrid, as part of an open call for flight subsidies, the Minister of Transport Aleksandar Nikoloski announced at today’s press conference. Thus, the new routes will connect Skopje with Dubai,...

Economy 23.10.24 | 22:12

Minister Dimitrieska expects 3.5 percent growth in 2025

Finance Minister Gordana Dimitrieska – Kocoska, who is in DC for the annual IMF-World Bank meetings, expects 3.5 percent growth in 2025 and a deficit rate of 4 percent. We are supporting investments and not spending. We are implementing a major project for municipal infrastructure, as well as preparing...

Economy 23.10.24 | 09:57

Average salary rises to 670 EUR

The average salary rose by 12.9 percent yoy in August and reached 41,097 denars (670 EUR). Salaries in the sector education rose the most – by nearly 19 percent, followed by public administration, by 17 percent.

Economy 21.10.24 | 19:47

Gas prices go down

Gas prices will go down starting tomorrow. The new estimate from the Regulatory Energy Commission sees a reduction of 1 denar per liter for unleaded gas and 2 denars for diesel fuels. BS-95 will now be sold for 77 denars per liter, and BS-98 – for 79 denars. Diesel will go for 68.5 denars per liter.

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