Tag: decline
Macedonia Economy 30.11.20 | 14:56

Manufacturing jobs down 4.9 percent in October

The number of workers in the industrial sector is down 4.9 percent in October, compared to October 2019. For the first ten months of the year, the number is down 4.7 percent. Energy and mining held mostly steady, but manufacturing saw a 5.3 percent reduction in its workforce. Due to the major economic...
Economy 05.11.20 | 17:35

EU Commission: Macedonia’s economy to decline 4.9% in 2020

We forecast a GDP contraction of 3.9 percent in Macedonia when the pandemic took off in spring, but now we are correcting this number to -4.9 percent. The economy cannot recover by the end of the year and the key problem is a global one – the prolonged COVID-19 pandemic, said Freek Janmaat, Head...
World 11.03.20 | 14:22

David Engels: Western Europe is in decline, needs to emulate eastern European countries to reverse this process

Western Europe is in decline and it needs to emulate the policies adopted by the eastern European countries in the Visegrad group if it wants to reverse the situation, says Belgian historian David Engels said in an interview with the V4 news agency. According to Engels, demographic factors, erosion of...

World News

.