Category: Economy
Macedonia Economy 24.07.21 | 13:47

VMRO-DPMNE: The Government brags about paying back a half a billion EUR loan, while adding 1.5 billion

Macedonia will add 1.5 billion EUR in new debt only this year, and it will reach dizziying 66 percent of GDP at 8.5 billion EUR, said the opposition VMRO-DPMNE party in a press release. The statement is to respond to Finance Minister Fatmir Besimi, who was boasting about paying off the final tranche...

Macedonia Economy 23.07.21 | 18:39

State Department warns potential investors in Macedonia about the high level of corruption

In its latest Investment climate report, the US State Department warns about the high level of corruption in Macedonia and the public disappointment with the deteriorating situation in this regard. …Macedonia has laws intended to counter bribery, abuse of official position, and conflicts-of-interest,...

Economy 23.07.21 | 11:43

VMRO-DPMNE will submit a bill that will allow cryptocurrency trading without VAT

VMRO-DPMNE will submit a bill that will allow trade with cryptocurrencies without VAT, the party informed. As VMRO-DPMNE said, the bill will include tax exemption with 0 value added tax and income tax at least until 2023.

Macedonia Economy 22.07.21 | 19:26

Mickoski: Trading with crypto currencies needs to be legalized

VMRO-DPMNE President Hristijan Mickoski underlined the need to allow trade with crypto currencies in Macedonia. Even from the opposition, VMRO-DPMNE will propose a bill that will allow trade and keeping of cryptocurrencies in Macedonia. We will offer a law that will formalize the trade, without a value...

Economy 21.07.21 | 22:40

Mickoski pledges to formalize and support cryptocurrency trading and provide 750 average salary

At Wednesday’s party event in Karpos municipality, VMRO-DPMNE leader Hristijan Mickoski talked about how to get an average salary of 750 euros in Macedonia in one term, legalization of cryptocurrency trading and implementation of “Blockchain” technology that is less talked about in...

Economy 21.07.21 | 22:15

Dimitrieska Kocoska: Many lost their jobs, over 65% of employees receive salary below 25,000 denars

The reality in Macedonia is that over 65 percent of employees work for a monthly salary of less than 25 thousand denars, a huge number of citizens have lost their jobs, mostly low paid and that the situation in the economy is really bad, Gordana Dimitrieska Kocoska, member of the Executive Committee...

Macedonia Economy 21.07.21 | 15:51

Textile industry suffers from massive job losses, with no help in sight

The VMRO-DPMNE branch in Sveti Nikole, where the textile industry is a major employer, is warning about the on-going collapse and job losses. In the past weeks, the local Moda textile mill, owned by a former SDSM member of Parliament, fired 300 workers. Hundreds are fired in the large Bargala shoe factory...

Macedonia Economy 20.07.21 | 17:40

Amid job losses and economic decline, average salary grows to 28,721 denars

The State Statistics Bureau (DZS) reported that in April the average salary rose to 28,721 denars, up 8.8 percent compared to April. The Zaev Government quickly jumped on the report, to insist that the average salary rose by 2,331 denars during the year. The rise comes at a time of growing inflation,...

Macedonia Economy 19.07.21 | 18:32

SDSM tries to avoid including the public in the debate on its proposal to close shops and businesses on Sunday

Members of Parliament from the VMRO-DPMNE led coalition say that the SDSM led ruling majority is refusing to allow a public debate on their proposal that shops and businesses are closed on Sunday. SDSM’s proposal is facing resistance in the public, and some industries were given exemption from...

Macedonia Economy 19.07.21 | 18:21

Company charged with reselling data obtained from the Central Registry

Prosecutors are filing charges against the Target Group company for selling company data obtained from the Central Registry. For a fee, the Central Registry reveals information about the ownership and property of companies. Target Group is charged with selling the data it obtained from the Registry....

Economy 19.07.21 | 14:55

Gasoline prices up, diesel down

As of Monday midnight, the prices of gasoline fuels and extra light household fuels are to rise by MKD 0.5 per liter, while those of diesel will drop by MKD 2, the Energy Regulatory Commission (ERC) has said. The price of EUROSUPER BS 95 is MKD 72.50 per liter, that of EUROSUPER BS 98 is MKD 74.50 per...

Economy 18.07.21 | 10:04

Mickoski: Electricity getting more expensive with current government, the ruling majority didn’t support all amendments to reduce VAT as permanent solution

Ahead of the event in Bitola on the occasion of 31 years since the establishment of the Bitola Municipal Committee last night, VMRO-DPMNE, Hristijan Mickoski leader said regarding the announcements for cheaper electricity that electricity is not getting cheaper, but more expensive, and the government...

Economy 17.07.21 | 10:53

VMRO-DPMNE: Zaev’s silence means agreement with Moracanin’s statement that electricity should be more expensive

VMRO-DPMNE is disappointed with  because the Prime Minister Zoran Zaev, as it says, did not indicate in any statement whether he agrees that the people should pay even more for electricity, after this was proposed by Maja Moracanin, the president of DOM, a party in the ruling coalition. A few days ago,...

Economy 16.07.21 | 21:52

Mickoski: At least 50 % of households will have access to free gas connection

VMRO-DPMNE Hristijan Mickoski leader presented the party’s program for the upcoming local elections in Gazi Baba, whose policies envisage free access to the developing natural gas network for half of all households. The highest percentage of air pollution comes from the heating system of our homes,...

Economy 16.07.21 | 20:29

Pre-election games: Ex-MP fires “Moda” employees so that the mayor employs them

The mayor of Sveti Nikole from the ranks of SDSM Saso Velkovski posted on Facebook an invitation to the workers from “Moda” who did not have their contracts extended to appear at a meeting on Monday in the municipality’s building to find a solution for new re-employment. A government...

Macedonia Economy 16.07.21 | 13:23

Anti-Corruption Commission calls on President Pendarovski not to sign the law that would give Bechtel exclusive right to build three highways

The State Anti-Corruption Commission (DKSK) called on President Stevo Pendarovski not to sign the proposed law tailor made to give exclusive right to the US Bechtel company to build several key highways in Macedonia. DKSK protests the fact that the highways would be built in no-bid procedures, excluding...

Macedonia Economy 16.07.21 | 12:53

Mickoski: VMRO-DPMNE will bring in new investments, protect the ELEM energy company

Hristijan Mickoski announced a major new investment cycle once his VMRO-DPMNE party is in office. Mickoski also assured the workers in the state run ELEM energy plant that their jobs will be safe, as the Zaev regime announces the closure of its large REK Bitola coal mine and power plant. We are not talking...

Macedonia Economy 16.07.21 | 12:10

“Return to the mass job losses of the 1990ies”

With daily reports of large groups of workers in the textile, leather and other industries being fired, VMRO-DPMNE warns that Macedonia is facing a return to the dark days of the 1990ies, when the Communist era factories were collapsing one by one. A hundred families are left on the street in Bargala...

Economy 15.07.21 | 21:40

Mickoski: The first policy that VMRO-DPMNE presents to the citizens is: Cheaper electricity for households!

 VMRO-DPMNE leader, Hristijan Mickoski, says that the first policy that VMRO-DPMNE presents to the citizens is: Cheaper electricity for households! How will we achieve this goal? By modernizing and investing in environmental filtering and desulphurization of the two largest plants, REK Bitola and REK...

Economy 15.07.21 | 21:27

Moracanin: Electricity should not be cheap, it should be expensive so that the citizens spend less

Maja Moracanin, the president of DOM, the coalition partner of SDSM, said in Parliament that electricity should not be cheap, ie that citizens should pay more for electricity. My stance is completely different. I think that electricity should not be cheap, because if electricity is cheap, it leads to...

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