Category: Economy
Economy 10.08.24 | 16:02

The Government notifies that Afrona Verizvoli, who was appointed, will be relieved of her duties as the IPA funds auditor tomorrow

The Government notifies that Afrona Verizvoli, who was appointed, will be relieved of her duties as the IPA funds auditor tomorrow.They continue by saying that they see the focus being shifted to other subjects “as an escape from responsibility for such abuses.” – The government’s...
Economy 09.08.24 | 09:36

SONK Disagrees with Education Minister’s Wage Increase Announcement, Says Union Leader Jakim Nedelkov

The statement made by the Minister of Education and Science regarding a wage increase of 10 to 12 percent in the education sector by March 2025 does not reflect the views of the Independent Union of Education, Science, and Culture (SONK), according to Jakim Nedelkov, the union’s leader. In a Facebook...
Economy 08.08.24 | 18:23

Wine grapes that have been produced and provided with subsidies

The Minister of Agriculture, Forestry, and Water Management, Cvetan Tripunovski, declared today that 58,607 million denars in subsidies were given to 4.101 recipients for wine grapes grown and supplied in authorized wine production facilities. “Today, subsidies for wine grapes produced and delivered...
Economy 07.08.24 | 13:37

Grape prices reach record levels

Prime Minister Hristijan Mickoski welcomed the record breaking prices of grapes that were negotiated with the wineries this week. The red Vranec variety will be bought for 20.8 denars per kilogram – 25% more than last year, while the white Smederevka will fetch the price of 18.3 denars –...
Economy 07.08.24 | 08:56

Minister Timcho Mucunski and Slovak Ambassador Henrik Markus Celebrate 30 Years of Diplomatic Relations, Discuss Future Cooperation

On Tuesday, Minister of Foreign Affairs and Foreign Trade Timcho Mucunski met with the Ambassador of Slovakia, Henrik Markus, to discuss the strong bilateral relationship between their countries. The Foreign Ministry noted that the meeting celebrated the close friendship, intensive political dialogue,...
Economy 06.08.24 | 18:41

Gordana Dimitrieska-Kochoska: We provided money for salaries and the purchase of equipment

After the Rebalancing Proposal was considered by the Parliamentary Commission for Financing and Budget, and within the framework of which a constructive discussion was opened, the Government adopted the Supplemented Proposal for Amendments and Additions to the Budget for 2024. This proposal will be sent...
Economy 04.08.24 | 15:58

New program of subsidies will help bring more cheap flights to Skopje and Ohrid

Deputy Prime Minister and Transportation Minister Aleksandar Nikoloski announced a new program of subsidies for cheaper flights that would be brought at the Skopje and Ohrid airports. Nikoloski said that a taskforce was set up to examine ways to increase the number of flights. So far, Macedonia put in...
Economy 31.07.24 | 10:43

UJP director warns e-traders that they will have to begin paying taxes

Tax authority director Elena Petrova said that e-marketing companies will have to begin paying taxes. The UJP director discussed the popular Facebook and Instagram pages where various products are sold, often for cash upon delivery, and the payment of taxes is avoided. Black market economy has moved...
Economy 29.07.24 | 21:06

Cheaper fuel from midnight

The regulatory commission made a decision on a new fuel price that will come into force at midnight. There is a price reduction for all fuels. The price of EUROSUPER 95 is reduced by 0.5 denars, and from tomorrow it will be sold for 81 denars per liter. The price of EUROSUPER 98 is reduced by 0.5 denars...
Economy 29.07.24 | 21:04

Bislimoski: As of August 1, the price of thermal energy in Skopje is decreasing

The President of the Regulatory Commission for Energy, Marko Bislimoski, informed that from August 1, the price of thermal energy in Skopje will decrease. The largest system in Skopje with 52 thousand consumers, among households – prices for heating will decrease by 3.16%. Heating prices for all...
Economy 29.07.24 | 17:27

Petrova: The payment of the money from “My VAT” will not start before there is a rebalancing of the budget

The payment of the money from “my VAT” will not start before there is a rebalancing of the budget, explains the Director of the Internal Revenue Service Elena Petrova about what interests the citizens the most. She says that the current budget does not provide funds for payment and that it...
Economy 28.07.24 | 15:59

Tomorrow, RKE will reveal the cost of heating

The cost of heating will be the subject of tomorrow’s news conference, which has been scheduled by the Regulatory Commission for Energy (RKE).63 homes in Skopje are connected to the heating system, and the heating season begins on October 15 and ends on April 15. Of these, the iron heating system...
Economy 26.07.24 | 17:01

Mickoski: There are signs that the prosecution and the judiciary are home to a centre of power

Prime Minister Hristijan Mickoski commented on signs indicating the creation of a power center within the prosecutor’s office and judiciary, which appears to be under party control through manipulated advertisements and elections. Mickoski stated that the Ministry of the Interior will determine...
Economy 25.07.24 | 22:38

The first day of the debate on the Rebalancing of the budget is over, the session continues tomorrow

Today’s first day of the debate on the Budget Rebalance of the Parliamentary Commission on Financing and Budget passed with mutual accusations during which more people’s money was spent and remarks not to cut from the budgets of certain institutions. For the MPs from the parliamentary majority,...
Economy 25.07.24 | 22:20

Japan, the EU, and the EBRD encourage energy-saving initiatives in Macedonia

The European Bank for Reconstruction and Development (EBRD) has approved a loan of up to EUR 3.5 million for Komercijalna Banka AD Skopje under the Green Economy Financing Facility (GEFF) to support energy-efficiency investments by homeowners, housing collectives, producers, and service providers. The...
Economy 25.07.24 | 18:04

Mickoski: The government remains a business partner, companies should apply for the provided support

The Chamber of Commerce awarded Prime Minister Hristijan Mickoski an award for building partnership and joint action for a prosperous Macedonia. At today’s event on the occasion of 102 years of existence, the Chamber presented awards to businessmen in various categories. As the president of the...
Economy 24.07.24 | 19:21

Nova Makedonija: Prime Minister Mickoski welcomes potential investments from supporters of President Trump

Associates of former President Donald Trump are looking for productive investments in the Balkans and have expressed open interest in possible projects in Macedonia, reports Macedonia’s oldest newspaper “Nova Makedonija”. This comes at a time when the former American President is working...
Economy 24.07.24 | 18:13

REK Bitola Operating with One Block After Power Outage

The REK Bitola plant is currently operating with only one block, Block 3, following an outage of the MEPSO transmission line that left Block 1 without power this afternoon, ESM announced. At approximately 16:45, Block 1 of REK Bitola lost electricity due to the MEPSO transmission line outage, leading...
Economy 23.07.24 | 13:07

Rankovce-Kriva Palanka Expressway to Be Completed by New Year, Says Director Trajanovski

The Rankovce-Kriva Palanka expressway, which was initially announced by the previous government to be ready in the fall, will now be ready by the New Year. Today, the new director of the Public Enterprise for State Roads, Koce Trajanovski, and the Minister of Transport, Aleksandar Nikoloski, inspected...
Economy 22.07.24 | 17:35

Fuels become cheaper from midnight

The Regulatory Commission for Energy, Water Services and Municipal Waste Management Services (RKE) has adopted a Decision reducing the retail prices of petroleum products by an average of 1.87% compared to the decision of 7/15/2024. As of midnight, gasoline and diesel fuel become cheaper by 1.50 den/liter....
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