Tag: economy
Economy 10.05.20 | 20:26

A quarter of Macedonians say they, or someone close to them, have lost jobs due to the coronavirus epidemic

A poll conducted by Detektor and published on Sitel TV today shows that a quarter of Macedonian citizens have lost their jobs or have someone close to them who lost a job because of the coronavirus epidemic. Official data places the number of lost jobs since the beginning of the epidemic at near 10.000. Also,...
Economy 07.05.20 | 15:52

Mickoski: Macedonia is in serious economic decline

VMRO-DPMNE President Hristijan Mickoski said that economic indicators show that Macedona is in serious economic decline. He pointed to the drop in industrial production of 13,4 percent in March and the reduction in manufacturing jobs by 4,5 percent will seriously affect the rest of the economy. Exports...
Economy 05.05.20 | 22:42

Mickoski: The state collected 55 million euros less from the economy, businesses are left in the lurch

In an interview with TV 24, the leader of VMRO-DPMNE, Hristijan Mickoski talked about how the economy and the business community will deal with the coronavirus consequences. We were all worried about how the banks would behave at that moment and we were all fighting for the banks to really take serious...
Economy 05.05.20 | 19:46

Mickoski: I expect a very difficult period for the Macedonian economy

In an interview with TV 24, the President of VMRO-DPMNE, Hristijan Mickoski, blasted the economic policies of the SDSM government. Commenting on his economic expectations, he said he expects a difficult period for the Macedonian economy due to the incapacity of the current government to deal with the...
Economy 27.04.20 | 21:08

Dimitrieska: The Government is overspending on public sector hiring in the midst of the crisis

Deputy Finance Minister Gordana Dimtirieska – Kocoska warned that budget revenue has dropped by 21 percent in the first quarter of the year and that the deficit is on trac tto be 43 percent greater than projected. Some could argue that it is logical to have a revenue drop at a time like this. But...
Economy 12.04.20 | 20:21

Public debt can go as high as 70 percent of GDP, Mickoski warns

VMRO-DPMNE President Hristijan Mickoski warned that Macedonia will see a major rise in its debt under any of the various economic forecasts that are being put forward. The economic drop is now expected to be around 4 percent and could go as high as 7 percent, while the pace of lending for the year is...
Economy 01.04.20 | 11:19

VMRO-DPMNE: The proposed stimulus package is nowhere near enough

The opposition VMRO-DPMNE party said that the economic measures finally announced by the SDSM led Government yesterday are badly insufficient as a response to the coronavirus epidemic and will lead to a long and difficult economic crisis. The package of measures are a huge disappointment. It’s...
Macedonia 31.03.20 | 15:11

Government rejects Zaev’s plan to cut public sector salaries, will provide a dose of stimulus instead

The Government refused the proposal from SDSM party leader Zoran Zaev to drastically cut public sector wages. In a set of economic measures announced by interim Prime Minister and Zaev loyalist Oliver Spasovski today, cuts will be focus on public sector office holders, but will not extend among the wider...
Economy 29.03.20 | 17:56

Dimitrieska: The Government refused to discuss VMRO-DPMNE’s economic proposals

Interim Deputy Finance Minister Gordana Dimitrieska Kocoska said that the Government refused to discuss the proposals from the opposition VMRO-DPMNE party on how to best tackle the economic impact of the coronavirus epidemic. A meeting of the economic – welfare council was held yesterday but it...
Macedonia 27.03.20 | 21:47

Mickoski: SDSM told me not to worry about the economy, said they’re preparing measures

During our meeting on the pandemic, I raised the issue of the economic hit, but I was assured that I shouldn’t worry and that a package of economic measures is being prepared, said opposition leader Hristijan Mickoski, as the ruling SDSM party began acknowledging the enormity of the coming recession. SDSM...
Economy 27.03.20 | 17:03

Proposal to force banks to provide debt reprogramming

Serious measures to respond to the coronavirus linked economic downturn in the banking industry are yet to be taken. The Government proposed to the commercial banks to voluntarily look into providing relief to their debtors, but few of them have announced such moves so far. Payments of bank loans should...
Economy 25.03.20 | 15:51

Citizens to pay more expensive loans: Late economic measures by the government will be felt by the citizens

The late measures of SDSM and Zoran Zaev will be felt by the citizens. As a result, citizens will pay higher interest rates on debts that will probably occur due to the coronavirus situation. All that the VMRO-DPMNE leader has said, that there will be no money and that the time for expensive loans comes,...
Macedonia 24.03.20 | 14:09

Janusev proposes eight urgently needed economic measures

VMRO-DPMNE Secretary General Igor Janusev outlined eight urgently needed measures to protect the Macedonian economy from the impact of the coronavirus epidemic. The opposition party has been proposing these and similar steps for weeks, but most of their proposals have been ignored, while the ruling SDSM...
Economy 24.03.20 | 10:09

VMRO-DPMNE: Macedonia can’t afford to make wrong moves in the economy

As the debate heats up over the approach to the coming economic downturn, the opposition VMRO-DPMNE party issued a press release reiterating its position. VMRO calls for urgent measures to cover 50 percent of the gross salaries for private sector employees in the hardest hit industries, reductions in...
Economy 23.03.20 | 13:31

Mickoski: We can make a billion EUR available to support the economy

We have a plan how to make a billion EUR available so that the citizens are not as affected by the coming economic crisis and they would be, said VMRO-DPMNE President Hristijan Mickoski. His proposal comes a day after SDSM party leader Zoran Zaev announced his plan, to greatly reduce public sector wages...
Economy 23.03.20 | 10:14

Fashion and electronics chains warn that 3.800 jobs will be lost, demand urgent action

Fashion and electronics chains who operate in the now closed shopping malls in Skopje and other Macedonian cities have warned the Government that the jobs of 3.800 people are at stake. The association of 17 chain stores say that they have closed 200 stores and sent 1.700 employees home, while the full...
Macedonia 20.03.20 | 21:42

Mickoski: We have to act urgently to protect the economy and save jobs

VMRO-DPMNE President Hristijan Mickoski took to the airwaves to urge the Government to adopt immediate measures that would prevent a major economic downturn as result of the coronavirus. In an interview with Sitel TV, Mickoski warned that today 12.000 workers have been given sent on an open-ended leave...
Macedonia 20.03.20 | 19:12

Mickoski: We propose a two pronged approach – to save businesses and to keep the budget solvent

In a Sitel TV interview, VMRO-DPMNE President Hristijan Mickoski called for urgent approval of the economic measures that are proposed by the opposition party, so that the Macedonian economy could be shielded from impact of the coronavirus epidemic. Our measures are robust and they are focused on two...
Economy 01.03.20 | 13:38

VMRO pledges to increase salaries by 25 percent and bring the unemployment rate under 10 percent

VMRO-DPMNE issued an estimate that its economic program will lead to an increase in the average salary in Macedonia of at least 25 percent over the next four years. According to the opposition party, citizens can look forward to a salary hike of about 100 EUR, and a hike in retirement incomes of 20 percent...
Economy 10.02.20 | 12:21

Experts and businessmen optimistic, VMRO-DPMNE will put economy back on right track

An ambitious and serious program that can be accomplished and does not look like a wishlist. These are some of the comments of economy experts on the VMRO-DPMNE program in the forthcoming early parliamentary elections in the area of economic policy, which was presented Saturday by leader Hristijan Mickoski. In...
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