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The coronavirus crisis reduced the number of employees in the tourism sector between 81-100...

In conditions when the situation with the tourism sector is painful and complex, it is hard to imagine that one measure can compensate the...

Macedonian Government still hasn’t received the rulling of the Administrative Court about Ilovica Mine

The Government still hasn't received the ruling of the Administrative Court on the lawsuit by the former concessionaire of the mines in Ilovica and...

The number of counterfeit banknotes in North Macedonia is on the rise

There is a significant increase of discovered counterfeit denar banknotes confirmed the National Bank of North Macedonia in its annual report for 2019. Out...

National Bank of Macedonia again cut the key interest rate from 1.75 to 1.5

With the slashing of the basic interest rate in January and March, the national Bank's Committee for operative monetary policy (COMP) at a session...

EBRD forecasts a drop in Macedonia’s GDP by 3.5% in 2020

The economies in the region that are covered by the European Bank for Reconstruction and Development will drop by average 3.5% during this year...

Large number of caterers will not be able to open their capacities regardless if...

The caterers are bearing large financial losses due to the pandemic and are enduring the crisis with great difficulties with the offered package with...

National Bank forecasts a drop of the Macedonian economy by 3.5% due to the...

The national Bank projected a drop of the gross Domestic Product by 3.5% against the October expectations for growth by 3.8%. "Regarding the structure...

World Bank expects a recession in Macedonia due to the coronavirus crisis

The Macedonian economy is facing with a recession and a projected negative growth of the GDP in 2020 of 0.4% if the coronavirus crisis...

In the worst case scenario the deficit in the budget would be 1.3 billion...

The Finance Minister Nina Angelovska outlined three scenarios for dealing with the consequences on the economy that were caused by the coronavirus: favorable, unfavorable...

Minimal wages for officials during the coronavirus crisis, but not for the public administration

In the second set of economic measures that the government has adopted during today's session, it was decided that all sportsmen, artists and all...

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