Tag: Hungary
Economy 11.12.24 | 00:14

Mickoski: Additional 500 millions in loans from Hungary will be used to pay off outstanding debts

During a televised debate on the economy, Prime Minister Hristijan Mickoski informed that the Government approved asking for an additional loan from Hungary, worth 500 million EUR, that will be used to reprogram outstanding debts from the previous Government taken under less favorable terms. Hungary...
Economy 28.11.24 | 00:40

Mickoski: Nearly all banks will participate in the distribution of the Hungarian loan

Nearly all banks in Macedonia agreed to help distribute the 250 million EUR from the Hungarian loan, said Prime Minister Hristijan Mickoski. The interest rate will be 1.95 percent, which is the lowest in the region and in Europe. Add to that three years in grace period and the maximum 15 years repayment...
Economy 25.11.24 | 22:41

Mickoski: the Hungarian loan will help us prevent spill-over from the automotive crisis in Europe

Prime Minister Hristijan Mickoski said today that he expects the final details of the agreement with the commercial banks for distribution of 250 million EUR to businesses from the Hungarian loan to be made in the coming days. We will support companies who make capital investments, invest in renewable...
World 20.11.24 | 14:40

Orban convenes the national security council to discuss the escalation in Ukraine

Hungarian Prime Minister Viktor Orban convened the national security council in response to the rising concerns about escalation in the war in Ukraine. Ukraine launched western made long range missiles into Russia, after receiving approval for that action from outgoing President Joe Biden. Russia, in...
Economy 16.11.24 | 00:20

Mickoski expects a deal with the commercial banks, welcomes Azeri gas agreement

Prime Minister Hristijan Mickoski said that he expects the distribution of the 250 million EUR lent from Hungary to go ahead in good order. Mickoski is due to meet representatives of the commercial banks on Sunday, after their demands to charge significant interest on the loans they would extend to businesses,...
Balkans 16.11.24 | 00:14

Orban: Serbia does not need the European Union, but the EU needs Serbia

Serbia does not need the European Union, but the European Union needs Serbia, said Hungarian Prime Minister Viktor Orban during a meeting of the Council of strategic cooperation between Serbia and Hungary. If somebody wants to see what Serbia can offer to the European economy, I suggest he visits Belgrade...
Economy 13.11.24 | 22:08

Chamber of Commerce President Azeski is optimistic about the Hungarian loan

Macedonian Chamber of Commerce head Branko Azeski said that he is optimistic ahead of the meeting this Sunday between the Government and the key commercial banks in the country. The issue to be discussed is how best to distribute the 250 million EUR borrowed from Hungary that are meant for the Macedonian...
World 05.11.24 | 19:55

Meeting of the European Political Community in Budapest

Leaders from the European Political Community are gathering in Budapest this Thursday. The conference will feature the host, Prime Minister Viktor Orban, French President Emmanuel Macron, Serbian President Aleksandar Vucic, and possibly Erdogan and Zelensky. The Community was formed on French initiative,...
Macedonia 31.10.24 | 11:09

Macedonia, Serbia, Hungary and Greece will sign a joint declaration about the Balkan fast railroad line

On November 23rd, representatives from Macedonia, Serbia, Hungary and Greece will sign a joint statement on the construction of the Budapest – Athens fast railroad line. Serbian Infrastructure Minister Goran Vesic said that the agreement will be signed day before Serbia launches its new railroad...
Economy 10.10.24 | 18:03

Businesses will begin to receive funds from the Hungarian loan after New Year

Funds provided to Macedonia by Hungary through a bilateral loan will be made available to businesses after New Year. A total of 250 million EUR from the half a billion EUR loan are earmarked for support for businesses, and they will be distributed through the publicly run Development Bank of Macedonia. I...
Sport 08.10.24 | 21:11

FC Vardar has a new owner

Vardar, Macedonia’s historically best football club, announced that it has a new owner. Hungarian Atilla Bizhen Zhalili has taken over 85 percent of the ownership share of Vardar. What comes now will be the financial consolidation of FC Vardar, and consolidation of its organization and results,...
Economy 08.10.24 | 21:00

Finance Minister signs loan agreement with Hungary

Today in Budapest, Finance Minister Gordana Dimitrieska – Kocoska signed the loan agreement with the Hungarian ex-im bank for 500 million EUR. The funds will be made available for local infrastructure development in Macedonia and to support private businesses. These funds are badly needed to our...
World 08.10.24 | 19:39

Orban assaulted during his press conference in the European Parliament

A Hungarian politician assaulted Prime Minister Viktor Orban, as he was giving a press conference in Brussels. Marton Dzekicki rushed Orban in the European Parliament hall, but was tackled by security before he could reach the Prime Minister. Orban remained calm during the incident, and afterwards quipped...
Economy 27.09.24 | 13:41

Orban: We are lending you European, not Chinese funds

Hungarian Prime Minister Viktor Orban dismissed media speculation that the loan Hungary is extending to Macedonia is coming from China. We can not give you a Chinese loan. We have an agreement with China that all of their funds in Hungary are used for specific projects. We can and we are giving you European...
Economy 23.09.24 | 08:41

Mickoski: Funds from the Hungarian loan will be made available to the businesses in a month

Prime Minister Hristijan Mickoski said that the initial economic indicators for the year are encouraging, and that a true boost is being felt in the second half of the year, when the funds made available through a state-to-state loan from Hungary will be put into effect. Macedonia is lending an initial...
Economy 15.07.24 | 13:41

Mickoski: The loan from Hungary is an open line, at the moment we only need 500 million EUR

Prime Minister Hristijan Mickoski said that the financial cooperation agreement with Hungary is flexible and that Macedonia can make additional loans, after initially agreeing on a state-to-state loan of 500 million EUR. Mickoski was asked why was the loan reduced, after he was announcing a loan of a...
Macedonia 07.09.23 | 16:58

Osmani addresses top Hungarian diplomats in Budapest

OSCE Chairperson-in-Office and Minister of Foreign Affairs Bujar Osmani addressed Thursday in Budapest the Ambassador’s Council of Hungary, organized by the Hungarian Ministry of Foreign Affairs and Trade, the Ministry of Foreign Affairs said in a press release. Foreign Minister Osmani spoke about...
Balkans 21.08.23 | 09:17

Orban welcomes likeminded leaders to mark the Hungarian national holiday

Hungarian Prime Minister Viktor Orban welcomes leaders from the region, including President Erdogan of Turkey and Vucic of Serbia, to mark the Hungarian national holiday. The leaders, joined by American political commentator Tucker Carlson, will also attend the world athletics championship. During the...
World 15.08.23 | 21:46

George Soros plans to greatly reduce funding for political campaigns in Europe

Hungarian leftist news outlets and Radio Free Europe are reporting that politically active billionaire George Soros plans to greatly reduce his support for his organizations in Hungary, the Balkans and Europe in general. The ailing Soros is handing over the reins to his son Alexander, who is very active...
World 02.08.23 | 18:08

Hungary blocks Sweden’s entry into NATO

A vote in Hungary’s parliament to ratify Sweden’s accession to NATO was adjourned due to the absence of ruling party lawmakers, local media reported Monday. The move was postponed after members of the ruling party, which has a two-thirds majority in parliament, did not attend the meeting, the Daily...
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