Tag: hike
Economy 15.09.23 | 19:24

Inflation watch: Another gas price hike

Another gas price hike was announced today – if the diesel and Eurosuper BS-95 gas went up by about two denars per liter yesterday, today the Eurosuper BS-98 will go up by the same amount. The new price of the unleaded blend will be 92.5 denars per liter, determined the Regulatory Energy Commission.
Macedonia 07.05.22 | 16:58

EU organized hike on Mt. Vodno serves as a reminder of how difficult Macedonia’s path to the EU has been

The European Movement of Macedonia and the EU Embassy in Skopje organized their traditional hike on Mt. Vodno, to celebrate Europe Day. EU Ambassador David Geer and Mileva Gjurovska from the European Movement led the group of dozens of hikers who carried EU and Macedonian flags and planted them on the...
Economy 07.03.22 | 09:00

Macedonians expect new round of gas price hikes

Macedonian consumers are bracing for a new round of gas price hikes, as the price of oil on the world markets rose to over 130 dollars. This already caused lines at pumps over last week, and prompted the Government to accuse gas companies of hoarding and threaten them with inspections.
Economy 10.02.22 | 14:13

Parliament approves the minimum wage hike proposal in its first reading

101 members of Parliament voted in favor, with no votes against, the proposed increase in the minimum wage to 300 EUR a month. The law passed in its first reading and is now sent before the Labour and Welfare Committee. The law would set the minimum wage to 57 percent of the average wage, leading to...
Economy 01.08.20 | 16:11

After the post-election price hike, Macedonian households will get the second highest energy bills in Europe

The latest electricity price hike, that was apparently timed for just after the elections, makes the prices in Macedonia second highest in Europe – when compared to the average salaries. The ruling SDSM party, which campaigned heavily focusing on its welfare transfers which include subsidized electricity...
Economy 13.07.20 | 13:18

Gas prices go up again

Gasoline prices will go up today by between 0.5 and 1 denar per liter this evening. The Energy regulatory committee justified its decision with the increase in oil prices in global markets. The BS-98 fuel will increase in price by 0.5 denars and will cost 63.5 denars per liter, while BS-95 and the diesel...
Economy 26.05.20 | 17:45

Another gas price hike hits consumers

Gas prices will go up by 8,5 percent this evening, the Energy Regulatory Committee decided today. Gas will cost 57,5 and 59,5 denars per liter (1 EUR = 61 denars), which is an increase of 3 denars. Diesel will be sold for 49,5 denars per liter. Despite the global oil glut and record low prices, this...
Economy 05.12.19 | 12:15

Latest hike in the already high retirement and healthcare taxes leaves companies fuming

Business representatives are objecting to the latest hike in the retirement and healthcare taxes, which will increase the tax on salaries by 0.5 percent, or a full percent for the entire 2018. Macedonian employees have to pay a relatively low 10 percent income tax, but there is an 18.8 percent tax on...

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