Category: Economy
Economy 13.06.24 | 07:38

The Economic Chamber urges interregional collaboration to advance Growth Plan benefits

Fully functional green corridors at all border crossings connecting the region with the EU can reduce border wait times by three hours, effectively decreasing border procedures by two percent across all economies. This finding comes from an analysis by the Economic Chamber of North Macedonia, published...
Economy 11.06.24 | 19:38

EasyJet will no longer provide flights from Skopje to Geneva

According to the specialised air traffic website exyuaviation.com, low-cost carrier easyJet plans to terminate service to the Macedonian capital after three years of continuous service between Geneva and Skopje starting with the commencement of the 2024–2025 winter season. November 1 is the date of...
Economy 10.06.24 | 18:49

Diesel becomes cheaper, gasoline with the same price

The Energy Regulatory Commission made a decision on the new prices of petroleum products that will be valid from midnight. According to the decision, gasoline prices remain unchanged. Diesel and Extra light household oil (EL-1) are cheaper by a denarius and a half. The price of fuel oil decreases by...
Economy 07.06.24 | 18:42

New fuel price from midnight

The price of EUROSUPER 98 will decrease by 2 denars per liter as of midnight tonight, and will amount to 82 denars, the Regulatory Commission for Energy announced. The price of EUROSUPER 95 and EURODIESEL remain unchanged, i.e. they will be sold at MKD 80 per liter and MKD 73 per liter. The price of...
Economy 07.06.24 | 07:23

Mickoski: The incoming government will expand two existing investments and bring in a project related to the energy industry in the first 100 days

Prime Minister-designate Hristijan Mickoski announced that his new government would revise the national budget in the second half of July. Within its first hundred days, the government plans to launch an unprecedented new project in the energy sector, initiate two new investments, and expand two existing...
Economy 03.06.24 | 22:52

Fuels become cheaper by half a denar per liter

The retail prices of gasoline and diesel will be reduced by half a denar per liter from midnight tonight, and Extra light household oil will be cheaper by one denar, the Regulatory Commission for Energy, Water Services and Municipal Waste Management (RKE) decided today. With the decision, the retail...
Economy 01.06.24 | 12:49

One REK Bitola generator back online after storm

One of the three coal fired generators in REK Bitola is back online after a major storm  prompted management to turn it of f yesterday. By the evening, generator 2 was back in production. The ELEM/ESM company plans to have Macedonia’s main energy plant online with just one generator at this time.
Economy 29.05.24 | 23:36

Fiti: Stable macroeconomic and financial conditions through disciplined fiscal policy

Accelerating economic growth and development, resuming the EU integration process, and combating corruption are the three key priorities the new government should focus on, said academic Taki Fiti on Wednesday in Skopje. He emphasized the need for continued reforms and called for a comprehensive effort...
Economy 29.05.24 | 20:59

In just three years, 10 million bottles and tin cans have been recycled by Macedonians

Pakomak announced in a press release on Wednesday that ten million bottles and tin cans have been collected by their reverse vending machines since their introduction in 2021. “We are pleased to have reached this milestone in three years. The bottles and tin cans collected by the vending machines are...
Economy 27.05.24 | 21:22

The price of diesel increases from midnight

The Energy Regulatory Commission has announced the new fuel prices that will apply from tonight at midnight. The retail price of EUROSUPER BS-95 gasoline is reduced by 0.50 den/liter, in relation to the retail price determined by the decision to determine the highest retail prices of petroleum products...
Economy 20.05.24 | 21:19

New fuel prices

The retail price of EUROSUPER BS-95 gasoline decreases by 1.50 denars from midnight, and of EUROSUPER BS-98, EURODIESEL (D-E V) and Extra light household oil (EL-1) by 1.00 denars. per liter, the Energy Regulatory Commission announced. The new price of EUROSUPER BS 95 will be MKD 83.00, EUROSUPER BS...
Economy 18.05.24 | 15:35

Mickoski meets with Macedonia 2025 diaspora representatives to discuss the economic transformation of the country

VMRO-DPMNE President Hristijan Mickoski and the party leadership met with members of the Macedonia 2025 organization, that brings together businessmen with Macedonian origin from all over the world. During the meeting, the two sides discussed enhancing the economic development of Macedonia, and the transformation...
Economy 16.05.24 | 21:20

Mickoski: We will renegotiate the Bechtel highway deal

VMRO-DPMNE President Hristijan Mickoski said that the next Government will renegotiate the large Bechtel highway deal worth billions, signed by the previous DUI led Government. There are two options for the Bechtel – Enka deal. One is that we rescind the deal and we then go to trial and pay hundreds...
Economy 15.05.24 | 12:03

Summit Macedonia 2025: Call to mobilize all resources for economic development

Intensive and thorough action is needed in the coming period. Progress is slow and insufficient to achieve our goals and strong and decisive actions are necessary, said Nikica Mojsovska Blazhevski, executive director of Macedonia 2025, at the opening of the 13th “Macedonia 2025” Summit. In...
Economy 13.05.24 | 16:12

Fuels are cheaper since midnight

Fuels are cheaper since midnight The Regulatory Commission for Energy made a decision with which fuels become cheaper from midnight. According to the decision, gasoline will become cheaper by 1.5 denars, while the price of diesel and extra light household oil will be reduced by half a denar. From May...
Economy 05.05.24 | 18:12

SDSM officials took a pre-election drive along a road whose construction they delayed for eight years

In a pre-election stunt, Transportation Minister Blagoj Bocvarski and SDSM party official Venko Filipce took a drive along the road connecting Prilep and Drenovo.   The badly needed road was well under construction in 2017, when SDSM grabbed power, and construction has proceeded at glacial pace...
Economy 05.05.24 | 13:12

Mickoski calls for investigation in the attempt by DPM Bytyqi to get votes from businesses who received financial assistance

The move by Deputy Prime Minister Fatmir Bytyqi to address companies who won public grants and to ask for their support is scandalous, said VMRO-DPMNE president Hristijan Mickoski in a Sitel TV interview. Bytyqi sent a letter to companies that were part of one of the rounds of financial assistance given...
Economy 04.05.24 | 13:38

Dimitrieska: SDSM devastated living standards

SDMS devastated living standards and there is not a family that is not affected by the price increases, said in an Alfa TV interview, VMRO-DPMNE Vice President Gordana Dimitrieska – Kocoska. It doesn’t matter if salaries are going up if their purchasing power is decreasing. It’s comical...
Economy 02.05.24 | 22:54

Within the project for 250 million euros for infrastructural development of the municipalities, a part will be invested in the municipalities in western Macedonia

Speaking from Tetovo, I declare that immediately upon victory and the formation of the government, a significant portion of the budget will be allocated to addressing long-standing infrastructure challenges in Tetovo, Gostivar, Kichevo, Struga, Debar, and several other municipalities in western Macedonia,”...
Economy 02.05.24 | 07:50

Insurance Group: With cumulative price rise of 61.5%, only auto insurance premiums frozen for 15 years

For a decade and a half, the Commission for Automobile Responsibility under the Ministry of Finance has remained silent on the needed adjustment of auto insurance rates. The Insurance Group at the Macedonian Chamber of Commerce urges greater comprehension from governmental bodies regarding the intricacies...
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