Tag: interest
Economy 08.03.23 | 12:29

Macedonia will pay 18 million EUR more for the poorly executed bond issue

The chaotic reconstruction of the Government, to accommodate another ethnic Albanian party – the Alliance of Albanians – will cost the country 18 million EUR in extra interest on the large bond that was being issued at the time. Justice Minister Nikola Tupancevski refused to approve the bond...
Economy 15.04.22 | 20:06

Borrowers told to brace for impact after the Central Bank hiked its interest rate

After the Macedonian Central Bank announced it will increase its interest rate by 1.25 percent to 1.5 percent, the banking association warned its customers to get ready for an increase in the interest on their credits. Citizens need to look into their loan contracts with the banks so that they know whether...
Economy 31.03.20 | 21:50

Spasovski acknowledges that citizens will have to pay extra interest on loan payment suspension

Interim Prime Minister Oliver Spasovski said Tuesday evening on TV Telma’s “Top tema” show that citizens would have to pay extra interest on loan payment suspension. We can now ask for everything to be suspended, for the sake of some help, but we must take into account especially the...
Economy 13.03.19 | 13:27

Macedonian Central Bank reduces interest rate to 2.25 percent

The Macedonian Central Bank reduced its base interest rate from 2.5 to 2.25 percent. Its Operative monetary policy committee decided that, based on the available economic data, the bank can further relax its monetary policy. The Committee sees continued favorable developments in the foreign currency...

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