Tag: stimulus
Economy 01.05.20 | 17:28

Under pressure from both the unions and the employers, the Government tweaks its stimulus rules again

Under dual pressure, from the unions and the employers, the Government again tweaked the terms and conditions of its stimulus package. Under the latest plan, companies will be able to claim stimulus money provided they don’t reduce their workforce in April and at least two more months after the...
Macedonia 20.04.20 | 11:05

VMRO blames SDSM of mishandling the economic aspect of the crisis

VMRO-DPMNE warned that the economic stimulus measures proposed by the SDSM led Government are so small and bureaucratic that many companies are opting to shoulder the burden of the economic crisis alone, rather than jump through the hoops to get some assistance. Countries in the region have set aside...
Balkans 15.04.20 | 20:30

Macedonia’s coronavirus stimulus package second smallest in Europe

While Europe’s top economies like Germany and the United Kingdom, and Visegrad countries like Hungary and the Czech Republic, created serious stimulus packages that are a sizable portion of their GDP, Macedonia is intervening with one of the lowest packages in the continent. The SDSM led Government...
Economy 14.04.20 | 13:49

Farmers, hair stylists and artisans will be included in the stimulus program

Finance Minister Nina Angelovska said that hair stylists, artisans, beauticians and farmers who work individually will be allowed to claim 14.500 denars in gross monthly salary as compensation for the coronavirus caused economic crisis. Individual businessmen and artisans were left out of the initial...
World 07.04.20 | 19:26

Hungary begins its second coronavirus stimulus program

Hungarian Prime Minister Viktor Orban announced that the second portion of the major stimulus package he has prepared will go into effect. “We will not lose what we have been building for so long”, Orban said, referring to the significant economic growth and rising living standards over the...
World 03.04.20 | 20:09

V4: Hungary prepares a major stimulus package, aims to create more jobs than the epidemic destroys

Hungary is introducing a coronavirus fund that will help redice the economic damage the country will suffer from the epidemic. Prime Minister Viktor Orban said that he is preparing the greatest stimulus program Hungary has ever seen and it will be geared toward saving and creating jobs. We must create...
Economy 01.04.20 | 11:19

VMRO-DPMNE: The proposed stimulus package is nowhere near enough

The opposition VMRO-DPMNE party said that the economic measures finally announced by the SDSM led Government yesterday are badly insufficient as a response to the coronavirus epidemic and will lead to a long and difficult economic crisis. The package of measures are a huge disappointment. It’s...
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