Tag: hike
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...