Category: Economy
Economy 22.01.23 | 17:27

Open bid for gas suppliers for the capital Skopje

The state owned ELEM/ESM energy producing company is seeking offers from gas suppliers for February. The company switched from the Makpetrol company to the Bulgarian Balkan Utilities as the main supplier for the three heating plants that operate in the capital Skopje, and service the only warm water...
Economy 20.01.23 | 12:53

Fuel prices upped

The Regulatory Commission for Energy passed a Decision increasing the retail prices of fuel products by an average of 2.90% compared to the decision of January 16, 2023. The retail prices of EUROSUPER BS-95 and EUROSUPER BS-98 are increasing by 2.50 den/liter, while the retail prices of EURODIESEL (D-E...
Economy 19.01.23 | 12:31

Mickoski: The criminal leadership of ESM spent 230 million euros of people’s money, after the change of government they will be held accountable for what they are doing to Macedonia

During today’s visit to the Municipality of Ohrid on the occasion of the Orthodox holiday of Epiphany – Vodici, the leader of VMRO-DPMNE, Hristijan Mickoski, was asked to comment on the fact that SDSM says that there are surpluses of electricity and that instead of losses, positive results...
Economy 18.01.23 | 09:45

Mexhiti: DUI brags about infrastructure all the time, and only two kilometers of the Skopje-Blace road have been built in five years

In a government where half of the ministers are Albanians and 80 percent of the economic departments are run by Albanians, should the capital investments in the Albanian areas be at two percent, Izet Mexhiti, leader of the dissatisfied group demanding changes in DUI, asked in an interview with TV Sitel. Leader...
Economy 16.01.23 | 14:03

Fuel prices rise

As of midnight, the retail prices of Eurosuper BS 95 and Eurosuper BS 98 will be a denar per liter higher and a denar and a half per liter higher, respectively. The price of diesel is also going up by a denar, and that of extra light household fuel is going up by a denar and a half, according to the...
Economy 16.01.23 | 11:24

Prices of apartments continue to rise

According to the census data, more than a third of the total 839,174 listed apartments are empty. 531,987 apartments are inhabited, and the remaining 36.6 percent, or 307,187 apartments are empty. Of the Skopje municipalities, Centar has the most empty apartments – 10,865 or over 40 percent of...
Economy 14.01.23 | 21:04

Bekteshi: Households, small consumers record over 15% electricity saving

Households and small energy consumers in December alone recorded 17-percent electricity saving, in November 18% and in October 17%, Economy Minister Kreshnik Bekteshi said Saturday. This means that in the last three months, households and small consumers have over 15 percent electricity savings, which...
Economy 14.01.23 | 11:39

Vitanov: Without competition, this is the worst government ever, the economy is led by DUI, when did they have an economic program?

Today’s politics in Macedonia is a collection of immorality and I wouldn’t even want to call it politics. Macedonian society has gone backward with this kind of policy. This is without a doubt the worst government ever, especially on the economic level. I am convinced that this government...
Economy 13.01.23 | 15:01

Kovacevski: Prices of basic food products reduced by 10%

The prices of basic food products have reduced by 10%. The reduction in prices of meat products reaches 5-12%, and it’s been going down for 2 months in a row if we consider monthly inflation rates, which means that the Government’s measures have been effective, said PM Kovacevski on Friday in response...
Economy 13.01.23 | 11:47

Angelovska Bezoska: Priority of central banks is ensuring medium-term price stability

Central banks must remain consistent with their roles and ensure price stability over the medium-term, as well as macroeconomic stability. The projections of the international financial institutions are that in the global framework, after the high inflation rate last year, there will be a gradual slowdown,...
Economy 12.01.23 | 14:18

World Bank downgrades Macedonia’s 2023 GDP growth to 2.4 percent

The World Bank has put its projection over Macedonia’s GDP growth in 2023 to 2.4 percent, down by 0.7 percent compared to its June 2022 report. The Government’s projection for the economic growth of the country for this year is 2.9 percent. The WB has also made a downward revision of the Macedonian...
Economy 12.01.23 | 13:12

Lake Tikves without water, wasteland instead of beauty

There is no water, and we import electricity. Look what is happening, Lake Tikves is gone, it is highlighted in the video published by Zemjodelie.mk. This is the truth about Lake Tikves. We are inside, but there is no water, says the man filming. In the place where the beautiful lake used to be, today...
Economy 11.01.23 | 14:56

Trencevska: The minimum wage in March will be over 20 thousand denars

The Economic-Social Council will discuss the minimum wage in March, and according to the State Statistical Office data it is expected to rise to about MKD 20,200 (EUR 328), says Minister of Labor and Social Policy Jovanka Trencevska. She pointed out that the methodology for calculating the minimum wage,...
Economy 11.01.23 | 09:59

Instead of the promised 2,400 denars, the refund from My VAT will be 2,100 denars

Although Zoran Zaev as Prime Minister announced that the VAT refund from scanning fiscal receipts will be increased to 2,400 denars per quarter, however, these days the deputies are expected to vote for an increase of only 300 denars, so instead of the barely collected 1,800 denars per user there is...
Economy 10.01.23 | 12:28

New ten million euros of citizens’ money: Instead of the kilometers, the interest for the unbuilt Kicevo-Ohrid highway is rising

Ten million euros this year as an additional amount will be paid by the Public Enterprise State Roads to the Chinese Exim Bank for the Kicevo-Ohrid highway, the construction of which, at least according to the latest annex agreement, should be completed by the end of 2023. What the Enterprise did not...
Economy 10.01.23 | 09:44

Government promised VAT refund of MKD 2,100, but the law has not yet been passed in Parliament

As of this year, the value-added tax refund from fiscal receipts will increase to 2,100 denars instead of 1,800 denars. The proposed legal solution is in the parliamentary procedure and was placed as the sixth point of today’s 99th plenary session. The law is adopted after a shortened procedure. The...
Economy 09.01.23 | 14:55

Diesel price drops by MKD 1, gasoline remains unchanged

As of Monday midnight, diesel prices go down by MKD 1 per liter, while the price of gasoline will remain unchanged, informed the Energy Regulatory Commission. As of midnight the prices will be: EUROSUPER BS-95 – 79.00 (denars/liter) EUROSUPER BS -98 – 81.00 (denars/liter) EURODIESEL BS (D-E V) –...
Economy 04.01.23 | 12:09

The payment of financial support for vulnerable categories of citizens will be realized on January 12

The funds for beneficiaries of financial support for dealing with the energy crisis will be paid out on January 12, 2023, the Ministry of Labor and Social Policy informed. The list of beneficiaries of funds for financial support to deal with the energy crisis will be published on the website of the Ministry...
Economy 03.01.23 | 15:46

ERC: Fuel prices upped

As of Tuesday midnight, the price of EUROSUPER BS-95 increases by MKD 2 per liter, while that of EUROSUPER BS -98, EUROSUPER BS -98 and Extra light household oil (EL-1)  by MKD 1,5, said the Energy Regulatory Commission (ERC). As of midnight the prices will be: EUROSUPER BS-95 – 79.00 (denars/liter) EUROSUPER...
Economy 02.01.23 | 16:19

New Year starts with more expensive electricity

We entered the new year exhausted and worn out. In the year that is behind us, basic food products have become a luxury, Sunday lunch is more often lean, and Sunday is a non-working day – perfect for washing, ironing, cooking, and cleaning. The government advised us to cook in smaller pots, take showers...
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