Category: Economy
Economy 06.02.20 | 17:18

Hadzi Misev talks about the crime of government and TE-TO: Tax write off with 120m euros in profits

The Association for Protection of Shareholders’ Rights in Toplifikacija AD-Skopje company held Thursday a press conference, pointing out the illegal granting of state aid to the company TE-TO during October 2019. They noted that it was unclear how the institutions involved in the decision to award...
Economy 06.02.20 | 16:54

Mickoski: The state should not be an obstacle to business, the state should stimulate business

Today we are in Kocani and we continue our activity after visiting Prilep, Radovis, Gevgelija, Veles. According to the plan we talk to the business sector, we talk to the real sector. Yesterday we visited the Chamber of Commerce, today it is practically followed by a visit to yesterday’s meeting...
Economy 06.02.20 | 12:39

Mickoski: Under SDSM, capital infrastructure projects have hit a historic low

VMRO-DPMNE President Hristijan Mickoski called the track record of the SDSM led Government in building the planned public infrastructure as historically botched. Mickoski said that the planned infrastructure budget was at just 400 million EUR, after all the cuts, and even that wasn’t implemented...
Economy 06.02.20 | 11:36

Railways workers strike enters fourth day

Railway workers remain on strike across Macedonia, blocking traffic for the fourth day. The workers demand a pay rise of between 30 and 40 percent, as the result of their overtime work and the generally understaffed service. Macedonian Railways management is refusing to negotiate with the striking workers.
Economy 05.02.20 | 21:50

Mickoski promises to keep the flat tax and focus on its reduction

During Wednesday’s TV Telma “Top tema” show, Hristijan Mickoski promised to the business sector and the citizens of the Republic of Macedonia that the new VMRO-DPMNE-led government will run a stable economic policy without oscillations as before. He announced the return of the old legal...
Economy 05.02.20 | 15:25

New debt issue worth 50 million EUR planned for next week

A new bond auction planned for next week will increase Macedonia’s debt by 50 million EUR. It’s the latest pre-election bond issue as the opposition warns that public spending is geared toward buying votes for the ruling SDSM party. The public debt surpassed the psychological barrier of 50...
Economy 05.02.20 | 10:57

Trains remain idle as railway workers’ strike enters second day

Railway traffic in Macedonia is blocked for the second day today, as workers demand a pay increase of between 30 and 40 percent. The management of the public railway company has denounced the strike as illegal and Transportation Minister Goran Sugareski called on the workers to go back to work, insisting...
Economy 04.02.20 | 20:28

Mickoski promises two billion EUR in infrastructure investment over the term of his Government

VMRO-DPMNE President Hristijan Mickoski announced an infrastructure investment cycle of two billion EUR in the next four years under the VMRO led Government. Mickoski met with the business community in Veles and told them that the conservative party will also create favorable investment conditions and...
Economy 04.02.20 | 18:11

The Skopje Continental mortgaged for a million EUR loan

Managers of the Skopje Continental decided to mortgage the hotel in exchage for a 960.000 EUR loan from the Komercijalna Bank. The hotel is mortgaged in full, along with its all assets and the proposal will be put before the shareholders in early March. The International Hotels company, which owns the...
Economy 04.02.20 | 09:41

Train drivers block railway traffic

As of Tuesday morning, train drivers have launched a job boycott, resulting in the interruption of passenger and cargo railway traffic, Dusko Cakarovski, a representative of the employees told MIA. He informs that the passenger trains left for Bitola and Gevgelija in the morning, and the others envisaged...
Economy 03.02.20 | 09:42

Zaev plays with 300,000 pensioners and their dignity

VMRO-DPMNE leader Hristijan Mickoski met Sunday with Gevgelija pensioners, who expressed their dissatisfaction with the policies of the current government. They say that the government has disappointed and them and deceived them. Zaev is playing with 300,000 pensioners and their dignity, Mickoski said. Mickoski...
Economy 01.02.20 | 20:08

Mizrahi: Carovska is promoting a fake increase in retirement incomes

Labour and Welfare Minister Rasela Mizrahi said that the pension hike promoted by her predecessor Mila Carovska from SDSM was a bad touch-up job, whose goal is to cover up the fact that SDSM undercut the promised increase in retirement incomes. Carovska is trying to create a false image about the pensions....
Economy 31.01.20 | 19:32

Customs confirmed: 11 trucks are part of a shipment of 42 trucks loaded with RDF waste

Customs officials confirmed that the 11 trucks which had been stopped at the Bogorodica border crossing, loaded with the so-called RDF waste, were only part of a larger shipment and that while waiting for the lab test results of the samples, some trucks have already arrived in Skopje. Eight trucks loaded...
Economy 31.01.20 | 10:59

Unemployment in the EU drops to its lowest-ever point, V4 countries in the lead

Figures released by Eurostat on Thursday reveal that the unemployment rate in the European Union fell to its lowest level ever in December 2019 and to an 11-year low in the euro area. The Czech Republic boasts the lowest unemployment rate in the whole of the European Union, while jobless figures in Poland...
Economy 30.01.20 | 13:23

Agreements on construction of 11 photovoltaic power stations signed

Nine companies signed Thursday agreements with the Government over the construction of 11 photovoltaic power stations of 35 MW in total, at state-owned land in Makedonski Brod and in Sveti Nikole. Just one year after the new energy law was passed, we are here to sign contracts to build 11 photovoltaic...
Economy 29.01.20 | 10:40

Mickoski visits farmers in Dolneni, they are dissatisfied, disregarded by the government

VMRO-DPMNE leader Hristijan Mickoski, visited Dolneni on Tuesday where he met with farmers. They were dissatisfied and complained that they are disregarded by the government. I was in Dolneni. Farmers are dissatisfied, say the government is disregarding them. Migration is present here, which can be...
Economy 27.01.20 | 16:40

“Nicob” owner’s mother got cannabis cultivation license

Out of 31 licenses issued, of which ten were issued in December, the majority have been granted to companies whose owners are close to the Zaev government and SDSM, Ruzica Nikolovska of VMRO-DPMNE said on Monday. She recalled that the opposition party has so far presented two companies close and affiliated...
Economy 24.01.20 | 16:40

60 million euro scandal: Government bribes farmers with their money

Cvetan Tripunovski, Deputy Minister of Agriculture, Forestry and Water Economy from VMRO-DPMNE, accused Friday SDSM of bribing farmers with their money, which they have not received yet. According to him, this casts the darkest stain on the election and is a brutal insult to the honor and dignity of...
Economy 23.01.20 | 13:49

Macedonia with the lowest wage growth in the region in 2019

A series of bad news came about Macedonia – The Economist ranked Macedonia in countries with a hybrid regime, and the country noted a 13-point drop in Transparency International’s corruption perceptions ranking, followed by ESI’s prediction that that Western Balkan countries, including...
Economy 23.01.20 | 10:33

Average net wage in November was 25,787 denars

According to the data of the State Statistical Office, the index of the average monthly net wage paid per employee in November 2019, compared to November 2018, was 5.1. This increase is caused by the increase of the average monthly net wage paid per employee in the sectors: Transportation and storage...
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