Tag: economy
Economy 15.09.19 | 11:45

VMRO blames Government corruption and damaging policies for dismal economic results

The opposition VMRO-DPMNE party called out SDSM for the dramatic drop in foreign investment, following its tax hikes. At a time when the entire region is in an economic upswing and breaks records in FDI, Macedonia, under SDSM, has a drop of 84.2 percent in the first half of the year. The foreign direct...

Economy 02.09.19 | 21:08

The effects of the devastating economic policies of Zaev’s government come to light!

Productivity drops, competitiveness decreases. The effects of the devastating economic policies of the Zaev government come to light!, says the VMRO-DPMNE’s Economy Committee. Official SSO data show that the number of employees in the Republic of Macedonia increased by 17,600 employees (from 771,806...

Economy 04.08.19 | 15:15

Mickoski: SDSM will try to paint a fake rosy picture of the economic situation before the elections

Economic results in the first half of 2019 are disastrous, said opposition leader Hristijan Mickoski during his press conference today, pointing to the dramatic shortfall in tax collection and the even greater drop in foreign direct investments. Tax collection is 16 percent below projections in June....

Economy 06.06.19 | 19:34

Slaveski: EC report reveals the Government’s economic failures

The European Commission progress report on Macedonia reveals that there is practically no progress in the economy, said VMRO-DPMNE official Trajko Slaveski. The Commission finds almost negligible progress in the two economic criteria – a functional market economy and ability to face competing pressures...

Macedonia 30.05.19 | 11:55

Mickoski: Zaev’s Government has the worst economics team in our history

VMRO-DPMNE President Hristijan Mickoski sees the economics team of the Zoran Zaev Government as the least efficient in history. They have a disastrously low level of capital investments, just 9.83 percent of what was projected in the budget was spent over the past four months. There are no new investments...

Economy 05.05.19 | 16:49

Right wing economic policies spur growth in the US, across Europe

Conservative, free market policies, continue to deliver results in the countries who practice them. The United States, into the third year of the tax and regulation cutting administration of Donald Trump, had the unemployment rate drop to a historic low of 3.3 percent. JOBS, JOBS, JOBS! Jobs surge in...

Economy 18.03.19 | 11:19

Tevdovski confirmed that the policies of VMRO-DPMNE in the economy were good

Yesterday, Dragan Tevdovski confirmed that the policies of VMRO-DPMNE in the economy were good, VMRO-DPMNE said, adding that Zoran Zaev and SDSM manipulate with the citizens. The fact that there are foreign investments that reinvest profit is a result of the successful policies of VMRO-DPMNE in the past....

Economy 28.01.19 | 23:14

Don’t expect 2019 to be the year of the economy

Despite the optimistic economic promises coming from the Zoran Zaev Government, VMRO-DPMNE leader Hristijan Mickoski expects that 2019 will be another lost year for the economy. Don’t expect an economic boom in 2019. Just listen to what Zaev’s economic projections are based on, and I assure...

Economy 09.01.19 | 17:22

World Bank pours cold water on Zaev’s economic growth hopes

The latest World Bank report on “Global Economic Perspectives” finds that Macedonia will fall far short of the rosy growth expectations pushed forward by Prime Minister Zoran Zaev, who said that we’ll grow by 5 percent, “God willing”. But, according to the WB report, Macedonia...

Economy 04.01.19 | 00:16

Rosy press conference on the economy from Zaev in front of skeptical journalists

Prime Minister Zoran Zaev made a long list of promises on Thursday, after largely failing to gain traction on the economic promises of his election campaign. Regarding his promise of increasing the average salary to 500 EUR, Zaev said that it will happen, but by the end of his term in office. Meanwhile...

Economy 02.01.19 | 12:33

Zaev says the economy will pick up – once we reach 2005

After a disappointing economic year and the gaffe promising that the economy will pick up in the “third half” of 2018, Prime Minister Zoran Zaev made another promise that things are about to brighten up – in 2005. I expect the growth rate to reach 4 percent in 2019. Our ultimate goal...

Economy 20.12.18 | 13:22

Minimum wage covers barely a third of the cost of living

The SSM association of unions of Macedonia published its latest estimate on the minimum monthly consumer costs for a family in November and puts them at 32.545 denars (a little over 500 EUR), which is above the average net wage of 24.355 denars. According to SSM, the minimum wage of 12.165 denars (200...

Economy 11.12.18 | 12:08

Mickoski and top VMRO-DPMNE officials meet with the Macedonian Chambers of Commerce

VMRO-DPMNE leader Hristijan Mickoski and top party officials Vlado Misajlovski and Trajko Slaveski met with the Macedonian Chambers of Commerce, one of the two main business associations in the country, to discuss the economic program which VMRO-DPMNE is promoting. – This meeting is the start of...

Economy 03.12.18 | 19:31

Macedonia enters 2019 with growing debt, opposition asks where is the money going to?

With the latest emission of state debt scheduled for Tuesday, worth 21.1 million EUR, Macedonia is on track to continue its stretch of adding significant levels of new debt into 2019. In 2019, projections are that the public debt will grow by 600 million EUR. It has already surpassed 5 billion EUR, and...