Category: Economy
Economy 26.09.22 | 12:41

Nikoloski: There are no investments, money is being spent on arranging empty industrial zones

Officials who are in the energy sector will be more likely to be held accountable because they steal in conditions when people pay 4 to 5 times the higher price of electricity, pointed out Aleksandar Nikoloski, deputy and vice-president of VMRO-DPMNE. Nikoloski added that the heating issue is a very...
Economy 22.09.22 | 21:26

Macedonia is the most dependent country in the Balkans, importing a third of the electricity it consumes

Macedonia imports as much as a third of its electricity and it is the most import-dependent country in the region. Over 90 percent of electricity in Kosovo is from coal, and all electricity in Albania is from renewable sources. Montenegro produces the most electricity from wind. Bosnia and Herzegovina...
Economy 21.09.22 | 20:24

Telecom calls users for debts of 20, 50 and 100 denars for one day’s delay

Users of Telecom services were surprised today by call center operators who informed them to settle the debt by tomorrow. Readers who complained to Republika agreed the operators were rude and rang several times a day. They have been calling me all day from the call center, and even brazenly, without...
Economy 21.09.22 | 16:18

Diesel price drops by three denars, extra light oil by one and a half denars

Diesel price drops by three denars, and extra light household oil by one and a half denar, the Energy Regulatory Commission decided today. The retail price of fuel oil also decreases by 1.082 den/kg and will now amount to 50.391 den/kg. The retail prices of Eurosuper BS-95 and Eurosuper BS-98 remain...
Economy 20.09.22 | 18:46

Government restricts trade margins of basic food products by year-end

The Government decided Tuesday to extend the period of the measure to restrict trade margins of basic food products by 31 December 2022. Considering that this Decision limits the growth of prices by determining the amount of the trade margin that should influence the growth of retail prices of basic...
Economy 19.09.22 | 18:45

New fuel prices

The price of diesel is set to drop by MKD 3 as of Thursday midnight, while the prices of the other oil derivatives remain the same, informed the Energy Regulatory Commission (ERC) on Monday. Here are the new prices: EUROSUPER BS-95 – 84.50 (denars/liter) EUROSUPER BS -98 – 87.00 (denars/liter) EURODIESEL...
Economy 17.09.22 | 10:10

In the next two years, more than 2.5 billion euros will be needed just to deal with the energy crisis

The crime and tenders in the past 5 years in the energy system by the anti-Macedonian SDSM have brought the state to a complete collapse, says VMRO-DPMNE. According to the opposition party, the reason for this situation is that the party in power did not listen to the appeals from the business sector,...
Economy 15.09.22 | 20:31

VMRO-DPMNE: Where is the IMF loan of 900 million euros with 1% interest?

In April 2022, at the spring meetings of the International Monetary Fund (IMF) and the World Bank (WB), the Minister of Finance Fatmir Besimi pompously announced that Macedonia receives a recommendation for access to the IMF’s prudential and liquidity credit line, no less than 900 million euros...
Economy 15.09.22 | 20:14

Diesel price drops

The price of diesel is set to drop by MKD 2 as of Thursday midnight, while the prices of the other oil derivatives remain the same, announced the Energy and Water Services Regulatory Commission (ERC) on Thursday. Here are the new prices: EUROSUPER BS-95 – 84.50 (denars/liter) EUROSUPER BS -98 – 87.00...
Economy 14.09.22 | 19:14

The authorities postponed the first two kilometers to Blace due to unforeseen situations

The deadline for the construction of the first two-kilometer section of the Skopje-Blace highway will be extended, as land expropriation is difficult, and other unforeseen situations have arisen on the ground, said the director of “State Roads”, Ejup Rustemi. Last year in November, it was...
Economy 13.09.22 | 21:42

Kovacevski: Delivery of one million tons of coal and 250,000 tons of mazut being agreed with Greece

ESM CEO Vasko Kovacevski said Tuesday that Macedonia and Greece held talks to agree the delivery of one million tons of coal and 250,000 tons of mazut. As Kovacevski said in an interview with the “Top Tema” tema show, the coal will be primarily for the needs of REK Bitola, but part of the...
Economy 13.09.22 | 14:30

Mickoski: In just 40 hours, ESM was damaged for 178,000 euros

VMRO-DPMNE leader, Hristijan Mickoski, revealed new evidence on how the ESM budget is damaged by selling night surpluses. ESM/ELEM issues a call for the sale of night surplus electricity for the period from August 30 to September 6 from 2 to 7 h in the total amount of 2000 MWh. The price at which these...
Economy 12.09.22 | 15:08

Mickoski: The government does not have the capacity to deal with the energy crisis, a strategy is needed

If the government had listened to us last year, and when we last warned 5-6 or even 7 months ago, there would not have been an energy crisis, but now it is too late. Today, we need to prepare for next year, because next year, I warn you, we will again have an energy crisis. And here I want to be even...
Economy 12.09.22 | 14:52

New fuel prices

Gasoline and diesel prices drop by one denar, informed the Energy Regulatory Commission. Here are the new prices: EUROSUPER BS-95 – 84.50 (denars/liter) EUROSUPER BS -98 – 87.00 (denars/liter) EURODIESEL BS (D-E V) – 97.00 (denars/liter) Extra light household oil (EL-1) 93.50 (denars/liter) Mazut...
Economy 11.09.22 | 15:35

Rice producers block Kocani–Stip road, demand MKD 40 minimum purchase price for rice hulls

Farmers producing rice in the Kocani and Stip regions on Sunday blocked the Kocani-Stip main road, protesting against the low purchase price of rice hulls and high production costs. At checkpoints near the villages of Oblesevo, Ciflik, Cesinovo and Krupiste, they came out with tractors and agricultural...
Economy 10.09.22 | 12:51

Inflation reached 16.8 percent

Inflation in Macedonia is breaking records, and unfortunately it is one of the highest rates in all of Europe. In August, an official inflation rate of 16.8% was measured, which is far more than the countries in the entire region. In one year, citizens in Macedonia pay twice as much for basic life products,...
Economy 07.09.22 | 17:06

Inflation skyrockets, consumer prices climb by almost 17%

Consumer prices in August 2022 climbed by 16.8% and retail prices by 14.2% compared to August 2021, according to the latest figures released by the State Statistical Office. Cooking oil and bread are more expensive by almost 50 percent, dairy products are 30 percent more expensive, and the cost of purchasing...
Economy 06.09.22 | 15:14

Entire cities to be disconnected from electricity in winter!?

The leader of VMRO-DPMNE, Hristijan Mickoski, warns that a difficult winter awaits us in terms of energy. According to him, there may be electricity, but the question is at what price and how it will affect the citizens and the economy. Mickoski released information according to which restrictions are...
Economy 05.09.22 | 21:38

Macedonia to buy cheaper electricity for businesses from Bulgaria

Macedonia will buy cheaper electricity from Bulgaria for the business sector and industry, but it is not yet known at what price. The governments of Macedonia and Bulgaria have agreed that Bulgaria will supply Macedonia with 200 MWh of electricity from October to March 31 next year. Prime Minister Dimitar...
Economy 05.09.22 | 14:10

Gasoline prices drop by two denars, diesel by 1.5 denars

Gasoline prices drop by two denars, and the price of diesel drops by 1.50 denars, informed the Energy Regulatory Commission. Here are the new prices: EUROSUPER BS-95 – 85.50 (denars/liter) EUROSUPER BS -98 – 88.00 (denars/liter) EURODIESEL BS (D-E V) – 98.00 (denars/liter) Extra light household...
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