Tag: stimulus
Macedonia Economy 15.04.21 | 21:53

Tensions in the Parliament as the stimulus package vote was delayed once again

The agreement to unblock the work of the Parliament was not being implemented easily today. The ruling majority wanted to advance on a number of items on their legislative agenda, while he opposition parties like VMRO-DPMNE, who are asked to provide the necessary quorum, wanted talk to focus on the urgent...

Macedonia Economy 14.04.21 | 23:31

Parliament expected to vote on the stimulus bill tomorrow, Minister Bekteshi says

Economy Minister Kresnik Bekteshi said that he expects the Parliament to approve the fifth stimulus package tomorrow. The parties have reached a tentative agreement to unblock the Parliament, where the ruling majority was unable for months to establish a regular working rhythm, as it often lacked the...

Macedonia 13.04.21 | 18:43

Albanian opposition parties withdraw their blockade of the economic stimulus package

The Alliance of Albanians and the Alternative parties announced they are withdrawing their filibuster against the proposed economic stimulus package. The two Albanian opposition parties blocked all legislation in Parliament until VMRO-DPMNE removes its filibuster against a law AA and Alternative proposed...

Macedonia Economy 23.03.21 | 13:57

Resign if you can’t do you job, SSK chamber chief Daniela Arsovska tells members of Parliament as the stimulus package remains blocked

Daniela Arsovska, President of the SSK chamber of commerce, condemned the Parliament for its inability to adopt the proposed fifth round of stimulus for companies hit by the coronavirus crisis. Small and medium sized companies don’t have reserves to maintain their liquidity. The members of Parliament...

News 15.03.21 | 20:27

Slaveski. The inability of the ruling majority to adopt its proposed stimulus is not the fault of the opposition

VMRO-DPMNE official and former Finance Minister Trajko Slaveski said that the blame why the latest proposed stimulus package has not been adopted in Parliament rests with the ruling majority. The SDSM – DUI – BESA coalition has only 62 out of 120 seats in the Parliament and frequent travels...

Macedonia Economy 16.02.21 | 19:16

Government adopts a new economic stimulus package

The Zaev Government adopted today an economic stimulus package that will be used to continue to prop up salaries in businesses that are hit hard by the recession. The package, a fifth of its type since the epidemic began, will amount to 159 million EUR. According to the Government press release, its...

Economy 20.01.21 | 22:43

Slaveski: Another populist stimulus package, meant to make people happy with someone else’s money

Former Finance Minister and top VMRO-DPMNE official Trajko Slaveski predicted that the new stimulus program put together by the Zaev regime is populist, and again has the goal to buy votes for the ruling party. Some of the measures to support salaries in the hit industries are ok, can preserve jobs....

Macedonia Economy 13.01.21 | 12:08

SSM union warns that the stimulus package is missing its mark, should provide direct payments to workers

The SSM union, Macedonia’s largest such association, warned that the latest, fifth round of stimulus is doomed to fail just like the previous four rounds of support given to help fight the effects of the coronavirus crisis. According to SSM, the measures need to be aimed toward the workers ad their...

Macedonia Economy 02.01.21 | 21:12

Tax authority warns companies that received stimulus funds but haven’t paid their workers yet

The UJP tax authority called out the companies that have collected stimulus funds but have not paid out the salary to their employees for November, warning them they have a week to do so. UJP director Sanja Lukarevska said that the number of these companies has dropped in the past few days, but that...

Macedonia Economy 21.12.20 | 17:33

Publication of incomplete list of stimulus recipients only adds to the uncertainty

After days of delay, the Government finally published the list of recipients of the 100 EUR in financial aid that is meant as part of the coronavirus stimulus package. But instead of resolving anxiety in the public, it only added to it, as it leaves out some important categories. Single parents and artists...

World 20.12.20 | 11:39

V4: Orban announces further economic protection measures

In a video posted on social media on Saturday, Hungarian Prime Minister Viktor Orban announced the supplementation of the economic protection plan to mitigate the effects of the epidemic, the V4 news agency reported. The second wave of the epidemic is producing record high numbers throughout Europe....

Economy 28.09.20 | 22:29

Dimitrieska: The 5.5 percent economic contraction proves that the stimulus measures are not effective

The economic decline projected to reach 5.5 percent over the year is proof enough that the economic measures are not effective, said VMRO-DPMNE official Gordana Dimitrieska Kocoska, during a TV24 interview. Dimitrieska discussed the fourth set of economic measures proposed by the Government. Again it...

Macedonia Economy 27.09.20 | 17:04

Mickoski: Another poorly designed program that won’t help us turn the economy around

VMRO-DPMNE President Hristijan Mickoski described the latest, fourth economic stimulus package that was presented today as naked populism which is likely to fail just as the prior thre programs. The main focus of the package, presented by Prime Minister Zoran Zaev, is on boosting consumption through...

Macedonia Economy 27.09.20 | 16:47

Government presents over 30 corona stimulus measures

Prime Minister Zoran Zaev today annouced three dozen economic measures meant to boost consumption, with the goal of reducing the impact of the coronaviruys epidemic. One of the steps measures would be to provide students and poor citizens with a voucher worth about 100 EUR. Similar vouchers that can...

Economy 27.09.20 | 13:52

Zaev presents a new corona stimulus package

Prime Minister Zoran Zaev holds a press conference to announce a new set of measures to help the economy handle the devastating blow of the coronavirus epidemic. The proposals will include grants and subsidies to companies that are hit hard by the epidemic, in the hospitality industry, in retail and...

Macedonia 01.09.20 | 16:18

VMRO calls on Zaev and Angelovska to pay back the corona stimulus funds given to their companies

VMRO-DPMNE spokesman Naum Stoilkovski called on Prime Minister Zoran Zaev and the recently removed Finance Minister Nina Angelovska to return the money their companies collected from the coronavirus stimulus package which their Government put in place. Stoilkovski pointed out that Zaev’s Elenica...

Economy 10.08.20 | 11:30

Textile companies call for a new Government that will approve an urgent rescue package

The Association of employers called for an urgent creation of a new Government that will then immediately approve a new stimulus package to fight the economic pressure of the coronavirus crisis. Association head Angel Dimitrov said that the crucial textile industry is especially badly hit, even as it...

World 12.06.20 | 20:00

V4 countries want fair recovery package

The Visegrad Four are interested in a strong, prosperous Europe with a well-functioning internal market, Czech Prime Minister Andrej Babis said after a meeting of V4 premiers on Thursday, the V4 news agency reported. Hungarian PM Viktor Orban emphasized that Hungary’s attitude to the recovery fund...

Macedonia 22.05.20 | 15:09

Mickoski: If the elections take place in June, the stimulus package won’t be implemented

VMRO-DPMNE President Hristijan Mickoski said that it is not possible to hold elections before July 30, given that economic measures put in place by the Government need time to be implemented. Election rules strictly prohibit additional welfare spending in the run up to the elections, and much of the...

Economy 08.05.20 | 22:38

Only half of the companies that applied for stimulus got any funding

Deputy Finance Minister Gordana Dimitrieska – Kocoska warned that half of the companies who applied for the coronavirus stimulus package still haven’t received any funding. The measures that were put in place will cover some of the salaries of workers in companies who had a serious drop in...

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